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

117 Pearl St 1, Ypsilanti, MI 48197

Restored interior with an open layout, original hardwood floors, and basement storage.

Space SizeContact for details
Days on Market15

Property Features for 117 Pearl St 1

General Information

Standard status Active
Property subtype Commercial

Lease Terms

Lease Rate $1,600 /USD/MO
Monthly Rent $1,600
Lease Term 36 months

Additional Details

Floor Ground

Building Details

Year Built 1890
Units 2
Listing Agency: Real Estate One Inc
Listed By: Tyler Weston
Source: Elliman
Added: Aug 8 Changed: Aug 14 Last Checked: Aug 22 at 6:55AM

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.

Built in 1890 and restored for commercial occupancy, this storefront combines original hardwood flooring with exposed brick walls and an adaptable main-level layout. A separate rear room adds flexibility for private office use, work space, or storage, while the full basement provides additional clean storage included with the lease.

The property is located at 117 Pearl St 1 in Ypsilanti, with a 91 Walk Score, 66 Bike Score, and 57 Transit Score. The space is suited to retail, boutique, office, or service-oriented operations, subject to the tenant’s intended use. A three-year minimum lease term applies.

Key Highlights

  • Historic storefront constructed in 1890
  • Original hardwood floors and exposed brick walls
  • Open main‑level layout with a separate rear room

Property Analytics

Current Use

Fun Girl Dance ... Training Center

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

$19.16 /SF/Yr
Avg Asking Price
$15–$21.11 /SF/Yr
Price Range
2,444 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
Rey
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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 - Restored interior with an open layout, original hardwood floors, and basement storage.
Where is this storefront property located?
The property is located at 117 Pearl St 1 Ypsilanti, MI.
What is the lease rate?
The lease rate is $1,600/Mo.
What are key features of this property?
This property features: Historic storefront constructed in 1890; Original hardwood floors and exposed brick walls; Open main‑level layout with a separate rear room
More about this property
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