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    615 S Main St Ann Arbor, MI 48104

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    For Lease
    $25 SF/Yr ($9,962 /Mo)

    Retail and office spaces in high-traffic Ann Arbor location.

    Property size:
    4,782 SF
    Lot size:
    2.06 Acres

    Property Features for 615 S Main St

    General Information

    Size
    4,782 SF
    Lot size
    2.06 Acres

    Source: Colliers - Ann Arbor Agent James H. Chaconas

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building Near Downtown

    This mixed-use building offers approximately 4,782 square feet of space suitable for retail or office use. The available retail space is offered at $35 per square foot NNN, while the office space is available at $25 per square foot MG. The building also includes 227 student housing units, accommodating 590 beds. The property features historic exterior details, 18-foot ceilings, and ample natural light. Shared access to a rolling door is available for deliveries. The location is a few blocks from The Big House and Downtown Ann Arbor, in a high-traffic area with visibility and potential for outdoor seating. The surrounding area includes multi-family housing, established neighborhoods, and retail outlets, making it suitable for a neighborhood restaurant, bar, brewery, café, office, or retail space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Yard Apartment Building Flyrobe Test Landscaper

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ann Arbor
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.7483938
    Latitude
    42.2869877

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    FAQs

    What type of property is this?
    Retail space - Retail and office spaces in high-traffic Ann Arbor location.
    Where is this retail space located?
    The property is located at 615 S Main St Ann Arbor, MI.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - Prime location near The Big House and Downtown Ann Arbor in a high-traffic area.; - Mixed-use building with street-level retail/office space and **227 student housing units (590 beds)**.; - Versatile space suitable for a neighborhood restaurant, bar, brewery, café, office, or retail.
    (734) 994-3100
    Request Owner's contact information
    615 S Main St Ann Arbor, MI 48104
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    Ann Arbor, MI 48104
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    615 S Main St Ann Arbor, MI 48104
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