Town Centre
401-407 E Liberty St & 400 E Washington St, Ann Arbor, MI 48104
Key features
- 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.
Rental Details
- Number of spaces 2
- Total square feet available 5,158 SF
- For Lease $40.00 - $45.00/SF/YR
- Space Type Retail
- Lease Type Modified Gross, NNN
- Latest Update Oct 19, 2026
Reach out to the broker for more info on lease terms and amenities
True
2 Spaces Available
| Space Name | Space Type | Lease Rate | Total Space | Floor | Lease Type | |
|---|---|---|---|---|---|---|
| 400 E Washington | Retail | $40.00/SF/YR | 2,408 SF | - | Modified Gross | |
| 401 E Liberty | Retail | $45.00/SF/YR | 2,750 SF | - | NNN |
400 E Washington
- Space Type
- Retail
- Lease Rate
- $40.00/SF/YR
- Total Space
- 2,408 SF
- Lease Type
- Modified Gross
401 E Liberty
- Space Type
- Retail
- Lease Rate
- $45.00/SF/YR
- Total Space
- 2,750 SF
- Lease Type
- NNN
Contacts
Keystone Commercial Real Estate
Building Details
- 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
- Additional Rent Price on request
- Year Built 1972
- Date Updated Oct 19, 2026
Location
- City Ann Arbor, MI
- Neighborhood Downtown Ann Arbor
- Zip Code 48104
- Market Detroit
-
Walk score 98/100 Walker's Paradise -
Transit score 78/100 Excellent Transit -
Bike score 88/100 Very Bikeable
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
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
Listing Summary
-
Retail Space Costs at 401-407 E Liberty St & 400 E Washington St
The asking rent for retail space in this property starts at $40.00/SF/YR.
-
Retail Space Available The property exclusively contains Retail space totaling 5,158 square feet. The leasing opportunity here is available under Modified Gross lease terms.
-
Space Sizes - The property houses 2 retail spaces in the 1,000 to 10,000 square feet range, which can serve small or medium-sized retail businesses with growth potential.
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Area Characteristics 401-407 E Liberty St & 400 E Washington St is located in the Downtown Ann Arbor neighborhood of Ann Arbor. The Downtown Ann Arbor retail market offers 16 retail listings, representing a total of 42,320 square feet of retail space for lease.
The most common retail type in the Downtown Ann Arbor neighborhood is Downtown Ann Arbor, of which the market currently offers 16 spaces.
You can also find 7 Old West Side Ann Arbor spaces. Additionally, leasing opportunities here include 5 Bryant Pattengill West spaces.
Keystone Commercial Real Estate
