Downtown Ann Arbor Redevelopment Opportunity

310 W Ann St Ann Arbor, MI 48104

310 W Ann St, Ann Arbor, MI, 48104
310 W Ann St, Ann Arbor, MI, 48104 310 W Ann St, Ann Arbor, MI, 48104 310 W Ann St, Ann Arbor, MI, 48104 310 W Ann St, Ann Arbor, MI, 48104 310 W Ann St, Ann Arbor, MI, 48104 310 W Ann St, Ann Arbor, MI, 48104 310 W Ann St, Ann Arbor, MI, 48104 310 W Ann St, Ann Arbor, MI, 48104
FOR SALE
Property Type:
Other Land
Amount:
$7,900,000
Last Verified:
Nov 18, 2024

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Highlights

  • Redevelopment opportunity
  • .96 acres on Ann between Huron and Miller
  • Easy access to M-14 via N Main
  • Walking distance to dining, entertainment, court houses, bus line
  • Zoned D-2 (Downtown District)
  • Ideal for multi-family or hospitality

Description

Nestled on the cusp of Ann Arbor's vibrant downtown, this expansive parcel offers nearly a full acre of prime real estate. Presenting a rare opportunity for visionary development, 310 W Ann Arbor is a developer's dream at approximately 0.96 acres, poised for a transformative project.

Location Highlights:

Situated on Ann Street at First Street, bridging the gap between the historic charm of Miller Avenue and the bustling activity of Huron Street.
Exceptional accessibility with smooth entry points to M-14 via N Main Street, ensuring connectivity to broader regions.
The heart of downtown Ann Arbor is merely a stone's throw away, inviting a plethora of dining, entertainment, and cultural experiences.

Zoning & Potential Uses:

Zoned D-2 (Downtown District), this property is ideal for an array of high-value developments.
Optimal for multi-family housing projects, catering to Ann Arbor's growing demand for downtown living spaces.
A lucrative site for hospitality ventures, capitalizing on Ann Arbor's appeal to tourists and business travelers alike.

310 W Ann Arbor stands as a blank canvas, offering a substantial scale of land rarely available in such a sought-after urban locale. Developers are presented with an unparalleled opportunity to craft a landmark project that will shape the Ann Arbor skyline. Whether you envision luxury apartments, a boutique hotel, or a mixed-use marvel, this property promises the potential to become a cornerstone of downtown Ann Arbor's future.

Situated on Ann Street at First Street, bridging the gap between the historic charm of Miller Avenue and the bustling activity of Huron Street.
Exceptional accessibility with smooth entry points to M-14 via N Main Street, ensuring connectivity to broader regions.


Year Built: 1930
Building Size: 0sq ft
Lot Size: 0.96 acres


Documents

Sale Brochure - 310 W Ann - AA

Map of 310 W Ann St, Ann Arbor, MI, 48104

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.