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Historic Storefront With Exposed Brick
For Lease
$1,600/Mo

1-117 Pearl Street, Ypsilanti, MI 48197

Open-plan commercial space includes a private rear room and full basement storage.

Space SizeContact for details
Days on Market17

Property Features for 1-117 Pearl Street

General Information

Standard status Active

Lease Terms

Lease Rate $1,600 /USD/MO
Monthly Rent $1,600

Amenities

original hardwood floors
exposed brick walls
open floor plan
additional room
full basement
clean storage
Listing Agency: Real Estate One Inc
Listed By: Tyler Weston
Source: Exprealty
Added: Aug 5 Changed: Aug 20 Last Checked: Aug 20 at 1:57PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Estate One Inc

Investment Insights

Based on property information with market context.

This restored historic storefront at 1-117 Pearl Street in Ypsilanti provides a flexible commercial setting with original hardwood flooring and exposed brick walls. The main level is arranged as an open floor plan, with a separate rear room that can accommodate private office functions, workspace, or storage.

A full basement is included with the lease and provides additional clean storage area. The property is available for lease and can support retail, boutique, office, or service-oriented business uses identified in the property information.

Key Highlights

  • Restored historic storefront at 1‑117 Pearl Street, Ypsilanti, MI 48197
  • Original hardwood floors and exposed brick walls
  • Open floor plan on the main level

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Dental Office HVAC Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Real Estate Agency Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,231
Businesses Nearby
17k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 54% Dining 27% Home Improvements & Furnishings 11% Electronics 8%
Family Dollar Shops & Services
4,787 visits/mo 0.3 miles
KFC Dining
4,562 visits/mo 0.2 miles
Sunoco Shops & Services
2,067 visits/mo 0.2 miles
Ypsi Hardware Home Improvements & Furnishings
1,861 visits/mo 0.1 miles
Metro by T-Mobile Electronics
1,358 visits/mo 0.4 miles

Demographics for 48197, MI

67,895
Population
28,649
Households
2.4
Avg Household Size
33
Median Age
47%
College-Educated
94%
High-School Grad
41.2 sq mi
ZIP Area
1,648
Density / Sq Mi
$70,913
Median Household Income
$39,314
Median Earnings
$1,203
Median Rent
$274,100
Median Home Value

Market

Lease Benchmarks for Ypsilanti, MI

$19.64 /SF/Yr
Avg Asking Price
$15–$24 /SF/Yr
Price Range
2,325 SF
Avg Space Size

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • Flowers By C & C W Michigan Ave, Ypsilanti, MI 48197

Frequently Asked Questions

What type of property is this?
Storefront property - Open-plan commercial space includes a private rear room and full basement storage.
Where is this storefront property located?
The property is located at 1-117 Pearl Street Ypsilanti, MI.
What is the lease rate?
The lease rate is $1,600/Mo.
What are key features of this property?
This property features: Restored historic storefront at 1‑117 Pearl Street, Ypsilanti, MI 48197; Original hardwood floors and exposed brick walls; Open floor plan on the main level
More about this property
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