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  1. Commercial Properties
  2. MI
  3. Ann Arbor

216 N 5th Ave

For Sale

216 N 5th Ave, Ann Arbor, MI 48104

Immerse yourself in the vibrant allure of downtown Ann Arbor, MI, where culture, convenience, and commerce converge. The property's sought-after location places residents within walking distance of iconic establishments such as the University of Michigan, Kerrytown Market & Shops, and the Ann Arbor Farmers' Market. Experience the thriving arts and entertainment scene at the Ann Arbor District Library and The Ark, while relishing the diverse culinary options along Main Street and beyond. With its proximity to renowned educational institutions and a bustling city center, this prime location is poised to captivate potential residents seeking an unparalleled urban lifestyle in the heart of Ann Arbor.Introducing an exceptional student rental investment opportunity in the heart of Ann Arbor. This charming 1,558 SF building, located in the Old Fourth Ward Historic District offers versatile potential for a range of uses. Zoned O, the property stands as an appealing option for those seeking an ideal setting for a student rental investment in the thriving Ann Arbor area. With its prime location and historic charm, this property represents a compelling prospect for the discerning investor.

Key features

  • 1,558 SF building
  • 6 beds and 2 bath
  • Charming student rental investment opportunity
  • Located near the University of Michigan
  • Old Fourth Ward Historic District

Building Details

  • For Sale $750,000
  • Property Type Multi-Family
  • Property Size 1,558 SF
  • Units 2
  • Lot Size 0.08 Acre
  • Additional Rent Price on request
  • Year Built 1901
  • Date Updated Oct 23, 2026
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Contacts

broker
George Abro

Altitude Commercial Real Estate

Location

  • City Ann Arbor, MI
  • Neighborhood Downtown Ann Arbor
  • Zip Code 48104
  • Market Detroit
  • Map
  • Street
  • Walk score 98/100 Walker's Paradise
  • Transit score 76/100 Excellent Transit
Powered by Walk Score ®

Points of Interest

Ann Arbor

0.36 miles

BP

0.13 miles

Mobil

0.39 miles

Clark

0.64 miles

Shell

1.59 miles

Speedway

1.66 miles

Circle K

1.74 miles

Sunoco

1.75 miles

Marathon

1.78 miles

Enel

1.86 miles

ChargePoint

2.55 miles

North 4th and Catherine Lot

0.10 miles

Fourth & Washington parking structure

0.18 miles

Ann & Ashley parking structure

0.19 miles

Liberty Square

0.26 miles

Post Office Parking

0.27 miles

First & Huron parking lot

0.27 miles

South Fifth Ave parking lot

0.29 miles

First & Washington Public Parking

0.33 miles

Fourth & William parking structure

0.34 miles

Maynard Parking Structure

0.34 miles

Enterprise

0.41 miles

Community Car Wash

1.66 miles

Lighthouse Car Wash

2.93 miles

U-Haul

3.37 miles

Jax Kar Wash

3.71 miles

Zippy Auto Wash

3.77 miles

Mr. Goofy’s Car Wash

6.50 miles

Blue Beacon

6.75 miles

Interclean

7.47 miles

The Village Car Wash and Laundry, Inc.

7.88 miles

Detroit Street Filling Station

0.04 miles

No Thai!

0.05 miles

Aut Bar

0.10 miles

The Bar at 327 Braun Court

0.11 miles

Ahmo’s Gyros & Deli

0.11 miles

Zingerman's Deli

0.12 miles

Eat

0.12 miles

Miss Kim

0.13 miles

The Broken Egg

0.15 miles

Heidelberg Restaurant

0.15 miles

People's Food Co-op

0.06 miles

Kerrytown Market

0.11 miles

Kanbu Asian Mart

0.23 miles

Target

0.35 miles

Gordon Food Service

1.64 miles

ALDI

1.71 miles

By The Pound

1.73 miles

Arbor Farms Market

1.74 miles

Plum Market

1.84 miles

Kroger

1.89 miles

Fire Department Station One

0.08 miles

Ann Arbor Police Department

0.09 miles

Mary A. Rackham Institute

0.25 miles

CVS Pharmacy

0.34 miles

Walgreens

0.39 miles

UHS Clinic

0.51 miles

W. K. Kellogg Eye Center

0.57 miles

Brehm Tower

0.58 miles

Cook Legal Research Library

0.71 miles

University of Michigan Medical Center

0.77 miles

Listing Summary

  • Property Financials

    216 N 5th Ave is currently listed for sale at $750,000 for a price per square foot of $481.39.

  • Property Details

    216 N 5th Ave totals 1,558 square feet of Multi-Family space on a lot spanning 0.08 acres. The property was initially built in 1901.

  • Area Characteristics

    216 N 5th Ave is located in the Downtown Ann Arbor neighborhood.

    In terms of ease of commuting, the area has a walk score of 98, indicating that it is perfect for walking.

Contact George Abro
broker
George Abro

Altitude Commercial Real Estate

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