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Historic Brick Storefront
For Lease
$1,600/Mo
Pending

117 Pearl Street, Ypsilanti, MI 48197

Commercial Lease, Ypsilanti, MI

Space SizeContact for details
Lot Size0.03 Acres
Days on Market52

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 Pending
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 Changed: Sep 16 Last Checked: Sep 25 at 4:06AM
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, with original hardwood flooring, exposed brick walls, and an open main-level arrangement. A separate room at the back provides additional space for an office, work area, or storage. The property also includes a full basement for supplemental storage and features a fireplace, forced-air heating, central air, a rubber roof, and cable availability.

The configuration supports a range of retail, office, boutique, and service-oriented uses. Its combination of open floor area, secondary workspace, and basement storage provides practical flexibility within a compact commercial setting.

Key Highlights

  • 918 square feet 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

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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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Ypsilanti, MI

$19.21 /SF/Yr
Avg Asking Price
$14–$25 /SF/Yr
Price Range
2,751 SF
Avg Space Size

This space is priced 9% above the average of $19.21 /SF/Yr.

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 - Flexible commercial space with exposed brick, original hardwood flooring, a rear workroom, and basement storage.
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 square feet 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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