Town Centre

401-421 E Liberty St & 400 E Washington St, Ann Arbor, MI 48104

  • For Lease $40.00 - $45.00/SF/YR
  • Property Type Retail - Street Retail
  • Property Size 28,360 SF
  • Units 5
  • Lot Size 1.1 Acre
  • Year Built 1972
  • Date Updated Jul 30, 2025
Located in the heart of Ann Arbor's vibrant downtown scene, the area surrounding the property is a bustling hub for retail and street retail tenants. With a perfect blend of historic charm and modern energy, this location offers a wealth of nearby attractions and amenities. Just steps away, tenants can discover popular destinations such as Main Street, State Street, and the University of Michigan campus. Diverse dining options, boutique shops, and lively entertainment venues create an enticing environment for businesses seeking high foot traffic and a dynamic customer base. With its prime position in this lively district, the area is an ideal setting for retail success.Town Centre offers five spaces of prime street retail space in the heart of downtown Ann Arbor at 401–421 E Liberty St & 400 E Washington St. Located steps from the University of Michigan and surrounded by heavy foot traffic, this high-visibility property features on-site garage and street parking, making it easily accessible. With over 52,800 students nearby and 400,000+ visitors during the annual Ann Arbor Art Fair, this is an ideal location for retailers looking to thrive in one of the top college towns in the country.
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Highlights

  • 400,000 attendees at the Ann Arbor Art Fair in July
  • 52,800+ students enrolled at University of Michigan in 2024
  • On-site parking garage and street parking for easy access
  • Outstanding exposure in the heart of Ann Arbor
  • Prime commercial location with high visibility
  • Ranked one of the best college towns in the U.S.

Spaces Available

Contacts

broker
Kevin Berke

Keystone Commercial Real Estate

Location

Getting Around

  • Walk Score ®

    98/100 Walker's Paradise

  • Transit Score ®

    78/100 Excellent Transit

  • Bike Score ®

    88/100 Very Bikeable
Powered by Walk Score ®
  • City Ann Arbor, MI
  • Neighborhood Downtown Ann Arbor
  • Zip Code 48104
  • Market Detroit

Points of Interest

  • Ann Arbor

    0.57 miles

  • Mobil

    0.30 miles

  • BP

    0.35 miles

  • Clark

    0.47 miles

  • Circle K

    1.49 miles

  • Sunoco

    1.51 miles

  • Speedway

    1.64 miles

  • Shell

    1.69 miles

  • Marathon

    1.85 miles

  • Enel

    1.93 miles

  • ChargePoint

    2.60 miles

  • Liberty Square

    0.07 miles

  • South Fifth Ave parking lot

    0.08 miles

  • Maynard Parking Structure

    0.10 miles

  • Post Office Parking

    0.13 miles

  • U-M Lot W13

    0.18 miles

  • Thayer Street Parking Structure

    0.20 miles

  • Fourth & Washington parking structure

    0.21 miles

  • Fourth & William parking structure

    0.22 miles

  • U-M Lot C2

    0.24 miles

  • William & Main Street Lot

    0.25 miles

  • Condado Tacos

    0.00 miles

  • Mani Osteria and Bar

    0.02 miles

  • Tios Mexican Cafe

    0.02 miles

  • Isalita

    0.03 miles

  • Tomukun Korean BBQ / Noodle Bar

    0.05 miles

  • Fat Daddy's

    0.06 miles

  • TK WU

    0.07 miles

  • Taste Kitchen

    0.08 miles

  • Jerusalem Garden

    0.08 miles

  • Knight's Downtown Steakhouse

    0.10 miles

  • Kanbu Asian Mart

    0.13 miles

  • Target

    0.16 miles

  • People's Food Co-op

    0.28 miles

  • Kerrytown Market

    0.36 miles

  • By The Pound

    1.49 miles

  • Gordon Food Service

    1.66 miles

  • Arbor Farms Market

    1.75 miles

  • Busch's Fresh Food Market

    1.83 miles

  • ALDI

    1.84 miles

  • Kroger

    1.96 miles

Frequently Asked Questions

How much does retail space at 401-421 E Liberty St & 400 E Washington St cost?

The asking price for retail space at 401-421 E Liberty St & 400 E Washington St is $42.50/SF/YR. Pricing of commercial spaces is largely dependent on things like location — especially proximity to areas that can be easily reached by car or public transit or enjoy high foot traffic — the overall size, features and condition of the space, and the lease structure. Safety and security in the area can also play an important role in choosing the most suitable retail space for a business.

What kind of retail space can I rent at 401-421 E Liberty St & 400 E Washington St?

The property has 9,728 square feet of rentable Street Retail space. Rental opportunities here are available under Modified Gross lease terms.

Use the contact form at the top of this page to schedule a tour of the property with a broker and get further details on this listing.

How many parking spots are available at 401-421 E Liberty St & 400 E Washington St?

Reach out to the listing broker for more information on vehicle access and parking options at or near this property, as well as additional amenities that complement the retail experience at 401-421 E Liberty St & 400 E Washington St. You can find 10 parking option(s) and 3 fuel station(s) within a 0.5-mile radius.

Are there any potentially competing retail businesses in the area?

Yes, there are 5 spaces zoned for retail use within a 0.5-mile radius of 401-421 E Liberty St & 400 E Washington St.

Is 401-421 E Liberty St & 400 E Washington St located in a popular area for retail businesses?

The property is part of Downtown Ann Arbor, which is home to 10 other retail listings.

Other popular areas for retail businesses in Detroit include Downtown Ann Arbor, Montibeller Park, Old West Side Ann Arbor.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Kevin Berke

Keystone Commercial Real Estate

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