Sam's Place, the Next Passageway to Kerrytown?

Vying for the largest price per square foot for Ann Arbor land transactions in history is a parcel of land just north of the Ann Arbor City Hall and southeast of Kerrytown.  Currently it houses five historic rental homes and two vacant lots and is listed for sale at $11 million which equates to $360/sqft.  Aside from a healthy asking price, this parcel also most likely comes with a worthy battle.  All five homes located on the parcel are over 100 years old and would likely face strong demolition opposition from local historical preservationists.  In fact, the only way the commission could approve demolition on these properties is if they were deemed structurally unsound or unwanted by overall community vote.  Right now they are considered, "contributing resources" to the historic district.

There is some talk of turning the property into a park.  The City would love to see it become a segway to Kerrytown although there have been no formal discussions.  The parcels are currently zoned: office use, business service use in a residential district and multiple family dwelling.

For more information please contact Kathy Toth and Team.