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Street-Level Retail with Office
For Lease
$23 SF/Yr

308-310 S State St, Ann Arbor, MI 48104

Brick building offers street-level retail with two floors of office space above, centrally located near the University of Michigan.

Space Size154 SF - 1,374 SF
Property Size10,600 SF
Days on Market168

Property Features for 308-310 S State St

General Information

Standard status Active
Size 154 SF - 1,374 SF
Class B
Property subtype Office - General Office

Amenities

24/7 on-call emergency maintenance

Building Details

Building Size 10,600 SF
Year Built 1901
Stories 3
Construction brick

Spaces For Lease

at 308-310 S State St Contact us

Suite 36 $23/SF/Yr

Floor 3rd
Size 166 SF
Type Creative Office
Lease Type Modified Gross
Availability Immediate
Sublease No
Renewal Option Yes
Contact us

Suite 37 $23/SF/Yr

Floor third
Size 192 SF
Type Creative Office
Lease Type Modified Gross
Availability Immediate
Sublease No
Renewal Option Yes
Contact us

Second Floor - Suite 20 $25/SF/Yr

Size 1,374 SF
Type Office
Lease Type Modified Gross
Availability Immediate
Sublease No
Renewal Option Yes
Contact us

Suite 23 $23/SF/Yr

Size 154 SF
Type Office
Lease Type Modified Gross
Availability Immediate
Sublease No
Renewal Option Yes
Contact us

Suite 32 $23/SF/Yr

Size 817 SF
Type Office
Lease Type Modified Gross
Availability Immediate
Sublease No
Renewal Option Yes
Contact us

Suite 39 $23/SF/Yr

Size 195 SF
Type Creative Office
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: May 7 Changed: Oct 19 Last Checked: Oct 20 at 5:48PM

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

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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

308–310 S State St is a brick commercial building featuring street-level retail with two floors of office space above. The property’s architecture provides distinctive character, and the building is locally owned and professionally managed.

The site is positioned on a highly trafficked downtown Ann Arbor street with visibility to both pedestrians and drivers. It sits directly across from the University of Michigan’s central campus and is surrounded by restaurants and retail stores, with adjacency to the Nickels Arcade building.

Tenants benefit from a streamlined leasing experience, supported by 24/7 on-call emergency maintenance.

Key Highlights

  • Brick office building built in 1901
  • Street‑level retail with two floors of office space above
  • Located on one of downtown Ann Arbor’s best‑trafficked streets for pedestrians and drivers

Property Analytics

Current Use

Office buildings

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
$3.45 /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

$23.32 /SF/Yr
Avg Asking Price
$14–$35.5 /SF/Yr
Price Range
25,815 SF
Avg Space Size

This space is priced 1% below the average of $23.32 /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

Frequently Asked Questions

What type of property is this?
Office building - Brick building offers street-level retail with two floors of office space above, centrally located near the University of Michigan.
Where is this office building located?
The property is located at 308-310 S State St Ann Arbor, MI.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: Brick office building built in 1901; Street‑level retail with two floors of office space above; Located on one of downtown Ann Arbor’s best‑trafficked streets for pedestrians and drivers
More about this property
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