Downtown Ann Arbor Redevelopment Opportunity - Arbor Atrium

315 W. Huron Ann Arbor, MI 48104

315 W. Huron, Ann Arbor, MI, 48104
315 W. Huron, Ann Arbor, MI, 48104 315 W. Huron, Ann Arbor, MI, 48104 315 W. Huron, Ann Arbor, MI, 48104 315 W. Huron, Ann Arbor, MI, 48104 315 W. Huron, Ann Arbor, MI, 48104 315 W. Huron, Ann Arbor, MI, 48104 315 W. Huron, Ann Arbor, MI, 48104 315 W. Huron, Ann Arbor, MI, 48104
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$6,800,000
Last Verified:
Oct 25, 2024

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Highlights

  • Redevelopment opportunity in the heart of downtown Ann Arbor
  • Currently Arbor Atrium - Class A office building
  • 39,818 SF building
  • .74-acre lot
  • Zoned D2 (Downtown Interface District)
  • Walking distance to restaurants, cafes, retail shops, and businesses
  • On-site parking
  • Municipal street and lot parking available within one block

Description

An exceptional redevelopment opportunity or chance to own prime office space in the heart of downtown, the Arbor Atrium is a Class A office building featuring a stunning three-story atrium. With a total of 39,818 square feet on a .74-acre lot, this property is zoned D2 (Downtown), making it ideal for a variety of professional and commercial uses.

Key Features:
Prime Location: Situated in downtown, the Arbor Atrium is within easy walking distance to a wide range of restaurants, cafes, retail shops, and businesses.

Three-Story Atrium: The building's impressive atrium brings in natural light and offers a welcoming environment for tenants and visitors.

On-Site Parking: A rare find in downtown, the property includes on-site parking spaces. Additionally, municipal street and lot parking are available within one block.

Spacious Layout: With 39,818 square feet of flexible office space, the building can accommodate a variety of office configurations and business needs.

Additional Details:
Lot Size: .74 acres
Zoning: D2 (Downtown Interface District)
Parking: On-site parking, with additional municipal options nearby

Why You’ll Love It:
Ideally situated with frontage on W. Huron, S. First Street and W. Washington makes for an exceptional redevelopment opportunity or the Arbor Atrium, as is, offers a perfect blend of modern amenities and historic charm, providing a professional setting that can enhance your business’s image. Its central location ensures convenient access for employees and clients alike, while the unique architectural design sets it apart from other office buildings.

Located in the heart of downtown Ann Arbor. Walkable area with retail, business, fitness, bars, cafes and restaurants, as well as downtown residences. Active, populous area, with busy nightlife and art/music scene. Close to Kerrytown shopping, farmers' market, Ann Arbor YMCA, and the Michigan and State Theatres. Minutes from UM Central Campus.


Year Built: 1935
Building Size: 39818sq ft
Building Class: A
Lot Size: 0.74 acres


Documents

Sale Brochure 315 Huron

Map of 315 W. Huron, 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.