209-211 E Liberty Street

Located on E. Liberty Street in downtown Ann Arbor, one block west of the intersection with S. State Street. Within walking distance of the University of Michigan central campus, the Michigan Union, and the Main Street commercial district. The Diag, U-M's central gathering space, is roughly a 5-minute walk. Kerrytown and the Ann Arbor Farmers Market are about a half mile north.SVN | Stewart Commercial Group is pleased to present for sale, 209-211 E. Liberty Street, a 5,000 SF, fully leased mixed-use asset located in the heart of Downtown Ann Arbor, one of the Midwest’s most dynamic and supply-constrained commercial markets. The property benefits from a premier downtown location along E. Liberty Street, providing strong visibility, consistent pedestrian traffic, and immediate access to retail, dining, entertainment, and employment centers. The property is occupied by six tenants, consisting of two street-level retail tenants and four second-floor office tenants. The retail spaces benefit from high exposure and steady foot traffic, while the office suites offer boutique, character-rich environments with historic architectural detail and natural light. This diversified tenancy supports stable in-place income. The property is located just a few blocks from the University of Michigan’s Central Campus, providing direct access to more than 50,000 students, faculty, staff, and researchers. This proximity is a key demand driver for downtown commercial space and supports long-term leasing strength across retail and office uses. The property is located within Ann Arbor’s D1 Downtown Core zoning district, the city’s highest-density designation. D1 zoning allows for a wide range of intensive mixed-use development, including residential, office, retail, hospitality, and entertainment uses, and provides significant long-term redevelopment flexibility and optionality. Tenancy is structured on predominantly short-term leases, providing future ownership with flexibility to adjust rents, reposition the tenant mix, or pursue redevelopment strategies. The surrounding area offers abundant amenities including restaurants, cafés, hotels, and entertainment venues, along with convenient on-street parking and nearby public parking structures that support ease of access for tenants, customers, and visitors. .