Street-Level Retail with
For Lease
$25 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 SizeContact for details
Property Size10,600 SF
Days on Market334
Property Features for 308-310 S State St
General Information
Standard status
Active
Size
10,600 SF
Class
B
Property subtype
Office
Zoning
D1
Amenities
24/7 on-call emergency maintenance
Building Details
Building Size
10,600 SF
Year Built
1901
Stories
3
Construction
brick
Listing Agency:
Oxford Companies
Listed By:
Karen O'Neil
(734) 323-4263
Source:
Cpix.resimplifi
Added: Oct 7, 2025
Changed: Aug 16
Last Checked: Sep 5 at 3:36AM
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.
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.
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
Lease Details
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
6,343
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
Market
Lease Benchmarks for Ann Arbor, MI
$22.38 /SF/Yr
Avg Asking Price
$14–$35.5 /SF/Yr
Price Range
27,169 SF
Avg Space Size
This space is priced 12% above the average of $22.38 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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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 $25 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
