Third-Floor Office
2155 Jackson Ave, Ann Arbor, MI 48103
For Sale
Contact for pricing
The suite includes bathrooms, a kitchenette, and a layout currently configured for mental health therapy.
Property Size7,200 SF
Price / SF$1.00
Days on Market56
Property Features for 2155 Jackson Ave
General Information
Standard status
Size
Property subtype
Zoning
Lease Term
Site & Location
Neighborhood
Additional Details
Floor
Amenities
bathrooms
kitchenette
signage on Jackson Avenue
Building Details
Buildings
Stories
Building Size
Properties For Sale
at 2155 Jackson Ave
2155 Jackson
Size
2,400 SF
Type
Office Building
Term
Negotiable
Listing Agency:
Swisher Commercial
Listed By:
Bart Wise · License MI #6502101921
(734) 358-0354
Source:
Swishercommercial
Added: Sep 16
Changed: Nov 8
Last Checked: Nov 8 at 4:50AM
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.
The third-floor office suite contains 2,400 SF within a three-story, 7,200 SF office building. Its existing layout serves mental health therapy use and includes bathrooms and a kitchenette. The space can also be divided into two separate 1,200 SF suites, providing flexibility for different occupancy configurations.
Located at 2155 Jackson Ave in Ann Arbor, the property sits across from Vet’s Park and offers signage on Jackson Avenue. The site is zoned TC1, or Transit Corridor District, and includes parking for building users.
Located at 2155 Jackson Ave in Ann Arbor, the property sits across from Vet’s Park and offers signage on Jackson Avenue. The site is zoned TC1, or Transit Corridor District, and includes parking for building users.
Key Highlights
- 2,400 SF third‑floor office suite
- Located within a three‑story, 7,200 SF office building
- Can be divided into two 1,200 SF suites
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,713
Suggested Prices Based on Cap Rates
Cap Rate 5%
$514,260
$514.3K
Cap Rate 7%
$367,329
$367.3K
Cap Rate 9%
$285,700
$285.7K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$46.1K $19.20/SF
− Vacancy
−$3.2K −$1.34/SF
EGI
$42.9K $17.86/SF
− OpEx
−$17.1K −$7.14/SF
NOI
$25.7K $10.71/SF
Area
Ann Arbor, MI
Vacancy
7.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$514,260
Cap Rate 7%
$367,329
Cap Rate 9%
$285,700
Alternative Uses
Best Use
Office B
$385.2K
$337.0K – $449.4K
NOI $26,963 @ 7.0% cap
Second Best
Healthcare Medical
$367.3K
$321.4K – $428.6K
NOI $25,713 @ 7.0% cap
Theoretical Best
Office A
$530.1K
$463.8K – $618.4K
NOI $37,104 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
914
Businesses Nearby
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Business Placement
Demographics for 48103, MI
55,605
Population
25,511
Households
2.2
Avg Household Size
40
Median Age
75%
College-Educated
97%
High-School Grad
66.5 sq mi
ZIP Area
836
Density / Sq Mi
$115,513
Median Household Income
$65,698
Median Earnings
$1,760
Median Rent
$455,100
Median Home Value
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Market
Properties on Market for Office Units in Ann Arbor
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - The suite includes bathrooms, a kitchenette, and a layout currently configured for mental health therapy.
Where is this office unit located?
The property is located at 2155 Jackson Ave Ann Arbor, MI.
What are key features of this property?
This property features: 2,400 SF third‑floor office suite; Located within a three‑story, 7,200 SF office building; Can be divided into two 1,200 SF suites
