400 N River Street, Ypsilanti, MI 48198
$8,999,999
Property Type: Commercial Sale Square Footage: 31,496 Lot Size (sq. ft.): 35,696 Status: Active
Current Price: $8,999,999 List Date: 8/11/2026 Last Modified: 8/18/2026
Overview
Description
Listing Details MLS# 26041906
Location Property Info
- County
- Washtenaw
- Street #
- 400
- Street Direction
- N
- Street Name
- River
- Suffix
- Street
- State
- MI
- Zip Code
- 48198
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
- Yes
- 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
- Homestead %
- 0
- Spec Assessment & Type
- No
Additional Details
- Passenger Elevators
- Yes
Waterfront Options
- Water Access Y/N
- No
More Information
Location & Property Info
- Cross Streets
- Cross and River
- Property Sub-Type
- Retail
- Municipality
- Ypsilanti City
- Ownership Type
- Private Owned
Office/Contract Info
- Auction or For Sale
- For Sale
- List Price/SqFt
- 285.75
- Prop Avail for Lease?
- No
- Current Bldg Use
- MIxed use
Remarks & Misc
- Public Remarks
- 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.
- Legal
- BLK:100 DIST:11 CITY/MUNI/TWP:YPSILANTI CITY
Street Type
- Public
- Yes
SqFt Information
- Carbon Monoxide Detector(s)
- Yes
- Fire Alarm
- Yes
- Fire Sprinkler System
- Yes
- Security System
- Yes
- Smoke Detector(s)
- Yes
Property Use
- Business
- Yes
- Investment
- Yes
- Net Leased (nnn)
- Yes
Utilities Attached
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public Water
- Yes
Uses
- Bar/Tavern/Lounge
- Yes
- Restaurant
- Yes
- Other
- Yes
Construction Type
- Block
- Yes
- Concrete
- Yes
- Steel
- Yes
- Other
- Yes
Exterior Material
- Brick
- Yes
- Wood Siding
- Yes
Roofing
- Rubber
- Yes
Heat Source
- Natural Gas
- Yes
Sale Conditions
- None
- Yes
Ownership
- Partnership
- Yes
- Other
- Yes
Below Grade
- Basement
- Yes
- Partial
- Yes
Heat Type
- Forced Air
- Yes
Air Conditioning
- Central Air
- Yes
Docs at List Office
- Aerial Photo
- Yes
- Survey
- Yes
- Other
- Yes
Business Includes
- Real Estate
- Yes
Additional Features
- Barrier Free
- Yes
- Clearspan
- Yes
- Fire Sprinkler
- Yes
- Multi User Facility
- Yes
- Util Sep Mt
- Yes
Foundation
- Block
- Yes
- Slab
- Yes
Util Avail at St
- Cable Available
- Yes
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Phone Available
- Yes
- Storm Sewer
- Yes
Tenant Pays All
- Building Insurance
- Yes
- Electric
- Yes
- Gas
- Yes
- Prop Taxes/Assess
- Yes
- Trash
- Yes
- Water
- Yes
- Other
- Yes
Docs Req Conf Agrmnt
- Other
- Yes
Send to Econ Dev Org
- MEDC
- Yes
- SWMI First, Region 5
- Yes
Purchase Terms Avail
- Cash
- Yes
- Other
- Yes
Possession
- Close Of Escrow
- Yes
- Negotiable
- Yes
- See Remarks
- Yes
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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