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Storefront Space with Flexible Lower Level
For Lease
$20 SF/Yr

115 E Ann St, Ann Arbor, MI 48104

Large storefront windows and high ceilings support retail, studio, or professional office use.

Space SizeContact for details
Days on Market311

Property Features for 115 E Ann St

General Information

Standard status Active
Property subtype Office
Zoning D2
Listing Agency: Colliers - Ann Arbor
Listed By: James H. Chaconas
Source: Cpix.resimplifi
Added: Oct 27, 2025 Changed: Aug 29 Last Checked: Aug 29 at 7:44PM

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 Colliers - Ann Arbor

Investment Insights

Based on property information with market context.

Located at 115 E Ann St, this 1,560-square-foot storefront space offers a flexible layout across main and lower levels. Large storefront windows bring strong street presence, while high ceilings and original brick walls add distinctive interior character.

The lower level can accommodate office or storage functions, supporting a range of retail, creative studio, and professional office configurations. The property is near Kerrytown and Downtown Ann Arbor, with one parking space available. The space is zoned D2.

Key Highlights

  • 1,560 SF across main and lower levels
  • Large storefront windows with high ceilings
  • Original brick walls provide distinctive interior character

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Electrical Service HVAC Service Plumbing Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Nursing Home

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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,238
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48104, MI

41,588
Population
19,173
Households
2.2
Avg Household Size
27
Median Age
82%
College-Educated
98%
High-School Grad
7.8 sq mi
ZIP Area
5,332
Density / Sq Mi
$63,341
Median Household Income
$16,073
Median Earnings
$1,548
Median Rent
$481,600
Median Home Value

Market

Lease Benchmarks for Ann Arbor, MI

$31.83 /SF/Yr
Avg Asking Price
$24–$55 /SF/Yr
Price Range
5,223 SF
Avg Space Size

This space is priced 37% below the average of $31.83 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Similar Off Market Nearby

  • Tom Thompson Flowers 504 s main st, ann arbor, mi 48104
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Frequently Asked Questions

What type of property is this?
Storefront property - Large storefront windows and high ceilings support retail, studio, or professional office use.
Where is this storefront property located?
The property is located at 115 E Ann St Ann Arbor, MI.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: 1,560 SF across main and lower levels; Large storefront windows with high ceilings; Original brick walls provide distinctive interior character
More about this property
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