$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
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
General Property Info
New Construction: No
Lot Dimensions: na
Road Frontage: 129
Mineral Rights: No
Waterfront: No
Year Remodeled: 2021
Total # Units: 21
# of Diff Unit Floor Plans: 21
Total # Bldgs: 1
# Fin Bldg Lvls: 28562
Total SqFt: 31496
Property Use Type: Business
School District: Ypsilanti
Lot Measurement: Acres
Lot Acres: 0.82
Lot Square Footage: 35696
Year Built: 1861
Full Baths: 2
Tax Info
Taxable Value: 71989
SEV: 189900
For Tax Year: 2025
Seller's Annual Property Tax: 19325
Tax Year: 2025
Homestead %: 0
Spec Assessment & Type: 0
Non-Conforming Use: No
Zoning: C I
Tax ID #: 11-88-04-495-023
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
Waterfront Options
Water Access Y/N: No
Additional Details
Passenger Elevators: 1
Street Type
Public: 1
SqFt Information
Carbon Monoxide Detector(s): 1
Fire Alarm: 1
Fire Sprinkler System: 1
Security System: 1
Smoke Detector(s): 1
Property Use
Business: 1
Investment: 1
Net Leased (nnn): 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Bar/Tavern/Lounge: 1
Restaurant: 1
Other: 1
Construction Type
Block: 1
Concrete: 1
Steel: 1
Other: 1
Exterior Material
Brick: 1
Wood Siding: 1
Roofing
Rubber: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Ownership
Partnership: 1
Other: 1
Below Grade
Basement: 1
Partial: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Docs at List Office
Aerial Photo: 1
Survey: 1
Other: 1
Business Includes
Real Estate: 1
Additional Features
Barrier Free: 1
Clearspan: 1
Fire Sprinkler: 1
Multi User Facility: 1
Util Sep Mt: 1
Foundation
Block: 1
Slab: 1
Util Avail at St
Cable Available: 1
Electricity Available: 1
Natural Gas Available: 1
Phone Available: 1
Storm Sewer: 1
Tenant Pays All
Building Insurance: 1
Electric: 1
Gas: 1
Prop Taxes/Assess: 1
Trash: 1
Water: 1
Other: 1
Docs Req Conf Agrmnt
Other: 1
Send to Econ Dev Org
MEDC: 1
SWMI First, Region 5: 1
Purchase Terms Avail
Cash: 1
Other: 1
Possession
Close Of Escrow: 1
Negotiable: 1
See Remarks: 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
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.