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Updated Brick Building Near Arb
For Lease
$18 SF/Yr

1923 Geddes Ave, Ann Arbor, MI 48104

Updated brick building with parking near the Arb for lease.

Space SizeContact for details
Days on Market83

Property Features for 1923 Geddes Ave

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1923
Listing Agency: J Keller Properties, LLC
Listed By: Jonathon Keller · License #6502370935
Source: Elliman
Added: May 15 Changed: Jul 10 Last Checked: Jul 26 at 11:35AM

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 J Keller Properties, LLC

Investment Insights

Based on property information with market context.

This updated brick building is located one block from the Arb. It features a large double lot with parking. The entry level includes a foyer/lobby with conference rooms/offices and refinished hardwood flooring. Fresh paint and updated light fixtures are present throughout the building. The grand hall features soaring ceilings, a wood-burning fireplace, and natural light. Upstairs, there are 13 private offices with fresh paint, new carpet, and updated light fixtures. The lower walk-out level offers open areas suitable for a dining hall or gathering spaces. Updated kitchen appliances and efficient mechanicals are included. The property is intended for office and rooming use. The bike score is 84, indicating it is very bikeable. The walk score is 74, indicating it is very walkable. The transit score is 52, indicating good transit.

Key Highlights

  • Massive, updated brick building on a large double lot with ample parking.
  • Prime location: one block from the Arb (Arboretum).
  • Grand hall with soaring ceilings, wood‑burning fireplace, and abundant natural light.

Property Analytics

Current Use

Waldorf Institute of Southeastern ... Training Center Anthroposophical Society In America Association / Organization Physicians Association Association Or Organization

Suggested Use

Top Pick Building Supply Real Estate Agency HVAC Service Big Box & Wholesale Store Auto Parts Store Accounting Firm

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

80
Businesses Nearby

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

$22.68 /SF/Yr
Avg Asking Price
$14–$27.78 /SF/Yr
Price Range
20,127 SF
Avg Space Size

This space is priced 21% below the average of $22.68 /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
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Frequently Asked Questions

What type of property is this?
Office building - Updated brick building with parking near the Arb for lease.
Where is this office building located?
The property is located at 1923 Geddes Ave Ann Arbor, MI.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Massive, updated brick building on a large double lot with ample parking.; Prime location: one block from the Arb (Arboretum).; Grand hall with soaring ceilings, wood‑burning fireplace, and abundant natural light.
More about this property
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