Investment Property adj. to Univ. of Michigan 205-207 E Washington St

Faris Lee Investments and Colliers International are pleased to present the opportunity to acquire the fee simple interest in the mixed-use investment property located at 205 E Washington St, in the heart of vibrant downtown Ann Arbor, MI. Positioned between bustling downtown streets and the prestigious University of Michigan campus, this property offers investors a unique chance to tap into one of Michigan’s most dynamic markets.
Located within walking distance of the University of Michigan, the #1 public university in the nation, this property enjoys high foot traffic and significant visibility. It features a well-curated mix of four tenants with the anchor tenant operating under a Triple Net Lease, ensuring minimal landlord responsibilities and stable income. The property is fully occupied, with an excellent anchor tenant, Blue Tractor BBQ & Brewery operated by the Mission Restaurant Group. The area boasts a population of 158,825 residents and 97,534 employees within a 5-mile radius, with a median income of $87,720. The University of Michigan’s presence contributes to a vibrant, stable economy, ensuring sustained demand for quality commercial properties.
This is a rare opportunity to acquire a high-value property in downtown Ann Arbor, characterized by its prime location and long-term value. The high demand for dwelling units in this restricted downtown provides upside for the investor with potential repurposing of the office space in the future. Since 2022, there have been over 735 class A student housing units delivered within 1-mile of the subject property.