400 N River Street Ypsilanti, MI $ 8,999,999
400 N River Street
$ 8,999,999
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400 N River Street

Ypsilanti, MI, 48198
$ 8,999,999
Bedrooms-- Baths2.0

Monthly Estimate*

$ 62,161

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Commercial Property for sale in Ypsilanti, MI

for $8,999,999 with 2 full baths. This building was built in 1861 on a lot size of 0.82.

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.

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Commercial Active

Price

$ 8,999,999

Full Bath

2

Property Type

Commercial

Taxes

$ 19,325

Style

Retail

Lot Size

0.82

Year Built

1861

Town/City

Ypsilanti

County/Region

Washtenaw

MLS | Web ID

26041906

Features
General
Heating Forced Air
Cooling Central Air
Utilities Phone Available Natural Gas Available Electricity Available Cable Available Natural Gas Connected Electricity Connected Storm Sewer
Possession Close Of Escrow Negotiable See Remarks
Roof Rubber
Construction Materials Wood Siding Brick
Year Built 1861
Tenant Pays Prop Taxes/Assess Building Insurance Electric Gas Trash Water
Township Ypsilanti City
Property Subtype Retail
Tax Year 2025
Ownership Private Owned
Business Type Other Restaurant Bar/Tavern/Lounge
County Washtenaw
New Construction N
Property Type Commercial Sale
Building Features Util Sep Mt Barrier Free Clearspan Fire Sprinkler Multi User Facility Security System
Full Baths 2
Status Active
City Ypsilanti
High School District Ypsilanti
Zoning Description C I
Number Of Units Total 21
Lot Size Units Acres
Lot Size Square Feet 35696.0
Listing Terms Other Cash
Land Lease Y/N N
Tax Annual Amount 19325.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Availability Date 2026-08-07
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 71989
Ownership Type Partnership
Legal Description BLK:100 DIST:11 CITY/MUNI/TWP:YPSILANTI CITY
Senior Community None
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Exterior
Inclusions Other Real Estate
Lot Size Area 0.82
Foundation Details Slab Block
Number of Buildings 1
Spa N
Building Area Total 31496.0
Lot Dimensions na
Lot Size Acres 0.82
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 28562
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 2
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Internal Only
Street Number 1 400
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* Excluded Features
List By
Real Estate One Inc

Broker

ddunn@realestateone.com

Email

Affordability Calculator

$63,771
Per Month
97%
3%
0%
Monthly Principal & Interest
$62,161
Monthly Property Taxes
$1,610
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4209139 Elementary School
4209138 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/11/2026$8,999,999 Listed Price

Map


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400 N River Street, Ypsilanti, MI, 48198 is a Commercial Property for sale at $8,999,999 with a lot size of 0.82. 400 N River Street has 2.0 baths and was built in 1861. The property's zip code is 48198 which is in Ypsilanti, MI