ID 6f68310f
400 N River St
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

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
- 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
