318 S Thayer St - Flex FOR SALE


Ann Arbor, MI 48104- Downtown Ann Arbor
$1,995,000 USD
734-418-2400
318 S Thayer St, Ann Arbor, MI for Sale
$1,995,000 USD
Flex - FOR SALE
1/55
null | Request Cap Rate

318 S Thayer St
Ann Arbor, MI 48104
Downtown Ann Arbor


HIGHLIGHTS

  • Flexible D1 zoning allows for property to be used as-is or with new development for owner-occupied residential, short- or long-term rental, mixed-use,
  • Two parking spaces
  • Current floorplan allows for owner-occupied residence with separate entrance, waiting room, and office for patients.

OVERVIEW

Don't miss a once-in-a-lifetime opportunity to make this stately brick home with two parking spaces just steps from Hill Auditorium and University of Michigan central campus your own! The Francis Hamilton House, built in 1907, was originally the home of an Ann Arbor mayor and recently used as an owner-occupied residence with separable quarters for a home office that includes a private entrance, waiting room, and half bath. The possibilities are endless with flexible D1 zoning that allows for this property to be used as-is or with new development for owner-occupied residential, short- or long-term rental, mixed-use, office, and more. Historic touches like high ceilings, original wood floors, and thick moldings are found throughout the property and blend seamlessly with recent updates that include newer windows, updated lighting, custom backlit stained-glass windows, and a remodeled kitchen with professional grade stainless steel appliances. The unique floorplan and generous room sizes lend themselves to a variety of needs with potential for music or art studio space, welcoming patients to your home office, or entertaining colleagues and students. The existing home provides 3 bedrooms, 2 full bathrooms, and 2 half bathrooms over two stories and a partially finished basement with laundry. The upper level features a magnificent primary suite with a spacious walk-in closet and private full bathroom with both a walk-in shower and claw-foot tub. The location is incomparable, directly across the street from Hill Auditorium, steps from The Diag, and a quick walk to anywhere on Central Campus, the Hospital Campus, and downtown Ann Arbor. When you need a vehicle, you'll be able to park two in the paver driveway that leads into the private gated courtyard. Your chance to own a piece of Ann Arbor history or start your own history in this incredible location!

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$724 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Loft/Creative Space, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1907

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06

LAND SF

2,614

ZONING

D1

APN/PARCEL ID

09-28-322-010

ASK ABOUT THIS PROPERTY

Alex MilshteynReal Estate OneMore Info
734-418-2400

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Alex MilshteynReal Estate OneMore Info
734-418-2400

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.