Active
Sale
Retail
Multifamily
Mixed Use
Restaurant

400 N River St

400 N River St, Ypsilanti, MI 48198

For Sale

$8,999,999

$252.13/SF$449,999.95/Unit

Total Units
20
Building Size
35,696 SF
Lot Size
0.399 ac
County
Washtenaw
DOM
110
Listed
07/01/2026
Updated
09/03/2026
400 N River St
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Overview

History restored, legacy continued.

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. Residential features include exposed brick, soaring ceilings, expansive windows, granite countertops, modern cabinetry, full appliance packages and in-unit laundry. Residents also enjoy a private entrance, elevator access, interior mail area and dedicated on-site parking.

Ideally positioned near Eastern Michigan University, Downtown Ypsilanti, Ann Arbor and major expressways, the Thompson Block offers a rare opportunity to acquire a fully restored landmark in one of the area’s most recognizable and walkable districts. The sale includes the real estate only; the restaurant business is not included and will remain in place under its existing commercial lease. Opportunities to own a property of this history, scale and character are exceptionally limited. Financial information and supporting documents are available to qualified purchasers.

  • Landmark mixed-use property in historic Depot Town
  • Originally constructed circa 1861
  • Governor’s Award for Historic Preservation
  • Valuable Brownfield and OPRA tax incentives enhance the property’s overall investment profile. Details are available to qualified purchasers.
  • 20 luxury loft-style residential units
  • Established street-level commercial tenancy
  • Multiple income streams from commercial and residential tenants
  • Inviting outdoor dining and gathering spaces
  • Highly visible corner location at the gateway to Depot Town
  • Walkable neighborhood near dining, shopping and entertainment
  • Convenient access to EMU, Downtown Ypsilanti, Ann Arbor and I-94
  • Restaurant business not included in the sale -Commercial tenant remains in place under existing lease
  • Rare opportunity to own a restored historic landmark

Additional Information

City
Ypsilanti
County
Washtenaw
State
MI
Zip Code
48198
Latitude
42.2461841
Longitude
-83.6082225
Secondary Uses
Mixed Use, Restaurant
Zoning
B-3
Zoning Desc.
Center
Agent Ownership Interest
Yes
Building Name
Thompson Block
Year Built
1861
Tax ID Number
11-88-40-100-023
Property Use Type
Business
Property Status
Existing
Avg. Occupancy
100%
Total Units
20
Laundry
In Each Unit
Nearest Interstate
I- 94 - 2 mi
Nearest Airport
Detroit Metro - 18 mi
Listing ID
6f68310f

Parcel & Location