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Second-Floor Office Suite
For Lease
$25 SF/Yr

304-306 S State St, Ann Arbor, MI 48104

Second-floor office space on S State St, positioned across from the University of Michigan central campus.

Space Size1,031 SF
Property Size7,638 SF
Days on Market60

Property Features for 304-306 S State St

General Information

Standard status Active
Size 1,031 SF
Property subtype Retail - Street Retail

Building Details

Building Size 7,638 SF
Year Built 1901

Spaces For Lease

at 304-306 S State St Contact us

304 S. State Street - Suites B, C, F $25/SF/Yr

Size
1,031 SF
Type
Retail
Lease Type
Modified Gross
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: Oxford Companies
Listed By: Brad Fenkell · License #6506049185
Source: Commercialcafe
Added: Jun 23 Changed: Aug 8 Last Checked: Aug 18 at 8:16AM

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 Oxford Companies

Investment Insights

Based on property information with market context.

Second-floor office space is available within a multi-unit building at 304–306 S State St. The suite benefits from the building’s distinctive architecture, which creates a memorable environment for both customers and employees.

The property is located on one of Ann Arbor’s most active streets, with convenient pedestrian and driver exposure. It sits directly across from the University of Michigan’s central campus and is surrounded by restaurants and retail stores.

This is a strong fit for office users seeking a centrally positioned, second-floor workspace within a well-established downtown setting.

Key Highlights

  • Second‑floor office space at 304 S. State St in downtown Ann Arbor
  • Located on one of Ann Arbor’s most well‑trafficked streets with pedestrian and driver traffic
  • Positioned directly across from the University of Michigan’s central campus

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service HVAC Service Kitchen & Bath Showroom Plumbing Service Nail Salon

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
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,343
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

$20.79 /SF/Yr
Avg Asking Price
$1.48–$32 /SF/Yr
Price Range
7,457 SF
Avg Space Size

This space is priced 20% above the average of $20.79 /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 units - Second-floor office space on S State St, positioned across from the University of Michigan central campus.
Where is this office units located?
The property is located at 304-306 S State 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: Second‑floor office space at 304 S. State St in downtown Ann Arbor; Located on one of Ann Arbor’s most well‑trafficked streets with pedestrian and driver traffic; Positioned directly across from the University of Michigan’s central campus
More about this property
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