Contacts

Charlie Koenn

Swisher Commercial

(734) 926-0230

Property Details

Property Type Retail - Freestanding
Property Size 5,550 SF
Lot Size 1.61 Acre
Year Built 1984
Year Renovated 2004
Date Updated Mar 19, 2024

New TC1 (Transit Corridor) zoning with excellent visibility.**Redevelopment Opportunity** 725 VICTORS WAY, ANN ARBOR, MI 48108! Priced at $1,950,000, this 1.6-acre property boasts new TC1 zoning, ideal for various uses from multi-family to retail. Situated near major attractions like the Hyatt Place Hotel and Briarwood Mall, with easy access to highways I-94 and US-23, this location is a developer's dream. The existing 5,550 SF building, renovated in 2004, consists of 3,500 SF restaurant space and 1,500 SF office space which offers a solid foundation for transformation. Surrounded by a bustling commercial hub of retail, hotels, offices, and restaurants, the potential for growth and success is endless. Don't miss out on this prime location for your next project! TC1 Transit Corridor district zoning is intended along existing transit corridors with regular fixed service provided by the Ann Arbor Area Transportation Authority primarily on established commercial and office sites, often with deep front setbacks, vast surface parking lots and lower floor area ratios than the previous zoning designation allowed. This district has been created to facilitate, encourage, and support redevelopment and infill development to realize mixed use developments and achieve mixed use corridors that support and sustain transit service as well as encourage affordable housing, enable more housing choices, more sustainable forms of development, with reduced resource and energy needs. Pedestrian-friendly designs are critically important in this district as all transit users of any mode begin and end their trips as pedestrians.

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Highlights

- Zoned TC1 with diverse permitted uses
- 1.6 acre site with frontage on Victors Way
- Renovated in 2004 for modern appeal
- Convenient access to I-94 and US-23
- Versatile 1,500 sf office space
- Spacious 3,500 sf restaurant space
- Reciprocal easement agreement with Hyatt Place Hotel
- Surrounded by major retailers, hotels, offices and restaurants
- Permitted uses include multi-family, assisted living, lodging, entertainment, institutional, health care, services, office, R&D, restaurant, retail sales

Attachments

Sale Brochure - 725 Victors Way (PDF) opens in new window

Getting around

32/100
Walk Score ®
39/100
Transit Score ®
60/100
Bike Score ®

Powered by Walk Score ®

City Ann Arbor, MI
Neighborhood Clinton-George
Zip Code 48108
Market Detroit

Points of Interest

Ann Arbor

3.30 miles

Mobil

0.06 miles
BP

0.12 miles
Shell

0.30 miles
Citgo

0.40 miles
Costco Gasoline

0.67 miles
Speedway

0.77 miles
Shell

1.26 miles
Meijer

1.45 miles
Circle K

1.45 miles
Sunoco

1.47 miles

U-M Lot SC34

0.55 miles
SC 43

0.58 miles
State Street Park and Ride

0.60 miles
Eisenhower Center Parking

1.21 miles
Glick

1.67 miles
U-M Lot SC7 (Crisler Center)

1.67 miles
U-M Lot SC6 (Crisler Center)

1.76 miles
Lot SC 16

1.79 miles
U-M Lot SC5 (Crisler Center)

1.85 miles
U-M Lot SC4 (Crisler Center)

1.92 miles

Burger King

0.01 miles
Buffalo Wild Wings

0.12 miles
Los Amigos

0.15 miles
Wendy's

0.15 miles
Red Robin

0.18 miles
Graham's Restaurant

0.19 miles
Seoul Garden

0.22 miles
Romano's Macaroni Grill

0.23 miles
Shawarma Shop

0.29 miles
Max and Erma's

0.36 miles

Sears

0.35 miles
Macy's

0.45 miles
Briarwood Mall

0.49 miles
Von Maur

0.51 miles
JCPenney

0.59 miles
Busch's Fresh Food Market

1.17 miles
Kohl's

1.19 miles
Whole Foods Market

1.21 miles
Mediterranean Market

1.23 miles
Begreen, Inc.

1.26 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.