$8,999,999
Ypsilanti, MI 48198
MLS# 26041906
31496 sqft
1 / 20
Property Description
A landmark opportunity more than 160 years in the making. Located at the gateway to Ypsilanti's historic Depot Town, the Thompson Block is an extraordinary mixed-use property combining irreplaceable historic character with modern construction, established commercial tenancy and multiple income streams. Originally built circa 1861, this beautifully restored three-story Italianate building has been recognized with a Governor's Award for Historic Preservation. The street level is home to Thompson & Co. restaurant and Mash bar, complemented by distinctive outdoor gathering spaces and a highly visible corner location. The upper floors feature 20 luxury loft residences thoughtfully designed to preserve the building's historic character while offering today's most desirable amenities. The sale includes the real estate only; the restaurant business is not included and will remain in place under its existing commercial lease.
Details
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 0.82
Lot Square Footage: 35696
Lot Dimensions: na
Year Built: 1861
Road Frontage: 129
Mineral Rights: No
Year Remodeled: 2021
Total # Units: 21
# Fin Bldg Lvls: 28562
# of Diff Unit Floor Plans: 21
Total # Bldgs: 1
Total SqFt: 31496
Property Use Type: Business
Full Baths: 2
Waterfront: No
School District: Ypsilanti
Tax Info
Tax ID #: 11-88-04-495-023
Taxable Value: 71989
SEV: 189900
For Tax Year: 2025
Seller's Annual Property Tax: 19325
Tax Year: 2025
Non-Conforming Use: No
Zoning: C I
Waterfront Options
Water Access Y/N: No
Additional Details
Passenger Elevators: 1
Location Property Info
County: Washtenaw
Street #: 400
Street Direction: N
Street Name: River
Suffix: Street
State: MI
Zip Code: 48198
OfficeContract Info
Status: Active
Current Price: $8,999,999
List Price: $8,999,999
Listing Date: 2026-08-07
Property Features
Property Use: Business; Investment; Net Leased (nnn)
SqFt Information: Carbon Monoxide Detector(s); Fire Alarm; Fire Sprinkler System; Security System; Smoke Detector(s)
Uses: Bar/Tavern/Lounge; Restaurant; Other
Ownership: Partnership; Other
Business Includes: Real Estate
Construction Type: Block; Concrete; Steel; Other
Exterior Material: Brick; Wood Siding
Roofing: Rubber
Foundation: Block; Slab
Below Grade: Basement; Partial
Additional Features: Barrier Free; Clearspan; Fire Sprinkler; Multi User Facility; Util Sep Mt
Tenant Pays All: Building Insurance; Electric; Gas; Prop Taxes/Assess; Trash; Water; Other
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at St: Cable Available; Electricity Available; Natural Gas Available; Phone Available; Storm Sewer
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Street Type: Public
Purchase Terms Avail: Cash; Other
Docs at List Office: Aerial Photo; Survey; Other
Docs Req Conf Agrmnt: Other
Sale Conditions: None
Send to Econ Dev Org: MEDC; SWMI First, Region 5
Possession: Close Of Escrow; Negotiable; See Remarks
Listing Office: Real Estate One Inc
Listing Agent: Danielle Dunn
Last Updated: August - 18 - 2026
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