Second-Floor Office
For Sale
Contact for pricing
205 E Washington St, Ann Arbor, MI 48104
Private elevator access, restrooms, and kitchenette support daily office operations.
Property Size2,000 SF
Price / SF$0.01
Days on Market107
Property Features for 205 E Washington St
General Information
Standard status
Active
Size
2,000 SF
Elevators
Yes
Property subtype
Office
Zoning
D1 – Downtown Core
Lease Term
MG
Additional Details
Floor
2
Amenities
private bathrooms
hardwood floors
exposed brick
high ceilings
kitchenette
large arched windows
Building Details
Construction
brick
Properties For Sale
at 205 E Washington St
Suite A
Size
2,000 SF
Type
Office Building
Term
Negotiable
Listing Agency:
Swisher Commercial
Listed By:
Jeff Evans · License #MI #6506045981
(734) 926-0222
Source:
Swishercommercial
Added: Jul 3
Changed: Oct 2
Last Checked: Oct 16 at 7:30AM
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 Swisher Commercial
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Investment Insights
Based on property information with market context.
Located on the second floor at 205 E Washington St, this 2,000 SF office suite combines a professional layout with distinctive interior finishes. Private elevator access, private bathrooms, and a kitchenette support day-to-day operations, while hardwood floors, exposed brick, high ceilings, and large arched windows shape the workspace.
The property is situated in downtown Ann Arbor, with restaurants, retail, and business services nearby. Off-street parking is available in the vicinity, and the Fourth and Washington parking structure is also nearby. The site carries D1 – Downtown Core zoning.
The property is situated in downtown Ann Arbor, with restaurants, retail, and business services nearby. Off-street parking is available in the vicinity, and the Fourth and Washington parking structure is also nearby. The site carries D1 – Downtown Core zoning.
Key Highlights
- 2,000 SF second‑floor office suite at 205 E Washington St
- Private elevator access and private bathrooms
- Kitchenette included within the suite
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,469
Suggested Prices Based on Cap Rates
Cap Rate 5%
$449,380
$449.4K
Cap Rate 7%
$320,986
$321.0K
Cap Rate 9%
$249,656
$249.7K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$35.0K $17.52/SF
− Vacancy
−$5.1K −$2.54/SF
EGI
$30.0K $14.98/SF
− OpEx
−$7.5K −$3.74/SF
NOI
$22.5K $11.23/SF
Area
Ann Arbor, MI
Vacancy
14.50%
Lease Rate
$17.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$449,380
Cap Rate 7%
$320,986
Cap Rate 9%
$249,656
Alternative Uses
Best Use
Office B
$321.0K
$280.9K – $374.5K
NOI $22,469 @ 7.0% cap · market cap 97,691.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$441.7K
$386.5K – $515.3K
NOI $30,920 @ 7.0% cap · market cap 134,434.78%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,422
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office units - Private elevator access, restrooms, and kitchenette support daily office operations.
Where is this office units located?
The property is located at 205 E Washington St Ann Arbor, MI.
What are key features of this property?
This property features: 2,000 SF second‑floor office suite at 205 E Washington St; Private elevator access and private bathrooms; Kitchenette included within the suite
