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Downtown Office and Retail Space
For Lease
$31 SF/Yr

255 E Liberty Street, Ann Arbor, MI 48104

Upper-level office space with lower-level retail, featuring street exposure and onsite parking.

Space Size1,733 SF - 2,989 SF
Property Size24,319 SF
Days on Market46

Property Features for 255 E Liberty Street

General Information

Standard status Active
Size 1,733 SF - 2,989 SF
Property subtype Retail - Street Retail

Amenities

street exposure
onsite parking

Building Details

Building Size 24,319 SF

Spaces For Lease

at 255 E Liberty Street Contact us

Suite 287 $31/SF/Yr

Size
1,733 SF
Type
Retail
Lease Type
Modified Gross
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us

Suite 251 $45/SF/Yr

Size
2,989 SF
Type
Restaurant
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: Oxford Companies
Listed By: Brad Fenkell · License #6506049185
Source: Commercialcafe
Added: Jul 21 Changed: Aug 28 Last Checked: Sep 4 at 2:48AM

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.

This building offers a mixed layout with upper-level office space and lower-level retail space. The property includes street exposure and onsite parking to support both client visits and day-to-day operations.

Positioned in the heart of downtown Ann Arbor, the configuration is designed for businesses that benefit from street-level visibility alongside dedicated office space.

The space includes both office and retail components within the same property, providing flexibility for compatible uses that can share the building’s frontage and access features.

Key Highlights

  • Year built: 1920
  • Upper‑level office space with lower‑level retail
  • Street exposure

Property Analytics

Current Use

E Search Vision Physician Currin Lutherie Production Facility Hook Studios LLC Marketing & Advertising Teeth Whitening Store Dental Office Fun Field Art Studio

Suggested Use

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

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
$4.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,237
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 47% 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 - Upper-level office space with lower-level retail, featuring street exposure and onsite parking.
Where is this office units located?
The property is located at 255 E Liberty Street Ann Arbor, MI.
What is the lease rate?
The lease rate is $31 SF/Yr.
What are key features of this property?
This property features: Year built: 1920; Upper‑level office space with lower‑level retail; Street exposure
More about this property
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