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Historic Storefront with Basement
New
For Lease
$1,600/Mo

117 Pearl Street, Ypsilanti, MI 48197

COMMERCIAL - Ypsilanti, MI

Space SizeContact for details
Property Size918 SF
Lot Size0.03 Acres
Days on Market4

Property Features for 117 Pearl Street

General Information

Property type Commercial Lease
Property subtype Retail
Zoning description C
Rooms Basement
Fireplace 1
Elementary school district Ypsilanti
Middle school district Ypsilanti
High school district Ypsilanti
Standard status Active
APN 11-11-40-485-034
Size 918 SF
Lot size 0.03 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description OLD SID 11 11-030-112-10 YPC 2W-166 E 21 FT OF W 136.5 FT OF N 56 FT OF LOT 112 ORIGINAL PLAT
Legal Description OLD SID 11 11-030-112-10 YPC 2W-166 E 21 FT OF W 136.5 FT OF N 56 FT OF LOT 112 ORIGINAL PLAT

Utilities

Utilities Cable Available
Heating system Forced Air
Cooling system Central Air

Amenities

original hardwood floors
exposed brick walls
open floor plan
additional room
full basement

Building Details

Year built 1890
Building materials Brick
Roof type Rubber
Listing Agency: Real Estate One Inc
Listed By: Tyler Weston
Added: Aug 5 Last Checked: Aug 8 at 11:06PM
MLS# 26040607

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 918-square-foot storefront occupies a brick building constructed in 1890 and has been restored with original hardwood flooring and exposed brick walls. The main level features an open arrangement, while a separate rear room can function as an office, work area, or storage room. A full basement is included and adds substantial support space for inventory or equipment.

The property includes forced-air heating, central air conditioning, a rubber roof, and a fireplace. Cable service is available, and the building’s historic materials create a distinctive interior setting for retail, office, or service-oriented occupancy.

Key Highlights

  • 918 SF storefront in a brick building constructed in 1890
  • Original hardwood floors and exposed brick interior 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
$3.14 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

436
Businesses Nearby
Under-served
Demand for This Use

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

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
Questions? Ask 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 - Flexible retail space combines an open layout, original character, and additional lower-level storage for business operations.
Where is this storefront property located?
The property is located at 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: 918 SF storefront in a brick building constructed in 1890; Original hardwood floors and exposed brick interior walls; Open main‑level layout with a separate rear room
More about this property
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