Second-Floor Office
For Lease
$25 SF/Yr
312-314 S State St, Ann Arbor, MI 48104
Second-floor office space with direct positioning across from the University of Michigan’s central campus.
Space SizeContact for details
Property Size6,014 SF
Days on Market334
Property Features for 312-314 S State St
General Information
Standard status
Active
Size
6,014 SF
Property subtype
Retail
Zoning
D1
Building Details
Building Size
6,014 SF
Listing Agency:
Oxford Companies
Listed By:
Karen O'Neil
(734) 323-4263
Source:
Cpix.resimplifi
Added: Oct 7, 2025
Changed: Aug 21
Last Checked: Sep 5 at 3:47AM
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.
Second-floor office space at 312–314 S State St, offered for lease as part of a distinctive multi-story building. The layout is configured for office use on the second level, suitable for tenants looking for downtown space within an established commercial setting.
The building is directly across from the University of Michigan’s central campus. Surrounding area includes restaurants and retail shops, with nearby businesses referenced including Ben & Jerry’s, Potbelly, SEE, and Nickel’s Arcade, as well as Bivouac. The property is also described as minutes away from the I-94 State Street exit, supporting convenient access for employees and visitors.
This opportunity focuses on the second-floor office configuration within a high-activity downtown environment.
The building is directly across from the University of Michigan’s central campus. Surrounding area includes restaurants and retail shops, with nearby businesses referenced including Ben & Jerry’s, Potbelly, SEE, and Nickel’s Arcade, as well as Bivouac. The property is also described as minutes away from the I-94 State Street exit, supporting convenient access for employees and visitors.
This opportunity focuses on the second-floor office configuration within a high-activity downtown environment.
Key Highlights
- Second‑floor office space positioned directly across from the University of Michigan’s central campus
- Located on one of Ann Arbor’s most well‑trafficked streets
- Surrounded by restaurants, retail stores, and offices
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
$21.03 /SF/Yr
Avg Asking Price
$2.72–$50 /SF/Yr
Price Range
9,426 SF
Avg Space Size
This space is priced 19% above the average of $21.03 /SF/Yr.
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office units - Second-floor office space with direct positioning across from the University of Michigan’s central campus.
Where is this office units located?
The property is located at 312-314 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: Second‑floor office space positioned directly across from the University of Michigan’s central campus; Located on one of Ann Arbor’s most well‑trafficked streets; Surrounded by restaurants, retail stores, and offices
