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Downtown Ann Arbor Office Space
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206 S 5th Ave, Ann Arbor, MI 48104

Premium office space in vibrant downtown Ann Arbor.

Space Size639 SF - 4,077 SF
Property Size18,194 SF
Days on Market870

Property Features for 206 S 5th Ave

General Information

Standard status Active
Size 639 SF - 4,077 SF
Class A
Property subtype Office
Lease Type Modified Gross

Building Details

Building Size 18,194 SF
Year Built 1930
Tenancy Multiple

Spaces For Lease

at 206 S 5th Ave Contact us

185

Size
639 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

200

Size
4,077 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

175

Size
1,250 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

400

Size
2,201 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Swisher Commercial
Listed By: Jeff Evans · License #MI 6501248033
Source: Crexi
Added: Apr 19, 2024 Changed: Sep 2 Last Checked: Sep 4 at 5:39PM

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

Investment Insights

Based on property information with market context.

Located in downtown Ann Arbor, 206 S Fifth Ave offers office space with high visibility and accessibility. This corner building features natural light through large windows, creating a bright workspace. The offices include private workspaces, a kitchenette, and private restrooms in select suites. The space is suited for companies looking to establish a presence in one of Ann Arbor’s commercial districts. Tenants will find convenience in being within walking distance to restaurants, cafes, and retail shops. Commuting is facilitated by municipal street and structure parking a block away. This location is suitable for both startups and established businesses.

Key Highlights

  • Prime downtown Ann Arbor location with high visibility.
  • Abundant natural light throughout the office space.
  • Walking distance to numerous restaurants, cafes, and retail shops.

Property Analytics

Current Use

Atomic Object (Bike/Boat/Book/etc) Store North Coast LLC Law Firm University Financial Associates ... Bank Capulet Realty LLC Real Estate Agency Dataspace Inc Employment Agency

Suggested Use

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

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
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,422
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

$21.03 /SF/Yr
Avg Asking Price
$2.72–$50 /SF/Yr
Price Range
9,426 SF
Avg Space Size

This space is priced 5% above the average of $21.03 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Premium office space in vibrant downtown Ann Arbor.
Where is this office units located?
The property is located at 206 S 5th Ave Ann Arbor, MI.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Prime downtown Ann Arbor location with high visibility.; Abundant natural light throughout the office space.; Walking distance to numerous restaurants, cafes, and retail shops.
(734) 926-0222 Call to check price and availability
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