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Downtown Second-Floor Office Suite

313 S State St, Ann Arbor, MI 48104

For Lease
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Second-floor office suite with street-level entrance and abundant natural light, located above Sweetgreen near the University of Michigan.

Space Size180 SF
Days on Market125

Property Features for 313 S State St

General Information

Standard status Active
Size 180 SF
Property subtype OFFICE

Site & Location

Neighborhood Downtown Area Citizens Advisory Council

Spaces For Lease

at 313 S State St
Small Office Space - Downtown Ann Arbor $355/Mo
Floor 2nd
Size 180 SF
Type OFFICE
Availability AVAILABLE
Discover two exceptional office suites available in the heart of downtown Ann Arbor, located on the second floor above Sweetgreen’s and just steps from the University of Michigan’s campus. This prime location is surrounded by established retail, restaurants, and businesses, with convenient public parking nearby. Enjoy a street-level entrance, abundant natural light, a well-maintained building, and the benefit of long-term tenants. Locally owned and managed, this space is ideal for businesses seeking a central, vibrant setting.
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Listing Agency: Colliers - Ann Arbor
Listed By: Gerald OConnor · License MI #6501389201
Source: Moodyscre
Added: Jul 13 Changed: Nov 4 Last Checked: Nov 14 at 8:05AM

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 Colliers - Ann Arbor

Rey
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Investment Insights

Based on property information with market context.

This second-floor office suite is situated above Sweetgreen and features a street-level entrance and abundant natural light. The building is well maintained, and the suite benefits from long-term tenancy within the property.

Located in downtown Ann Arbor, the space is just steps from the University of Michigan’s campus. It is surrounded by established retail, restaurants, and businesses, with convenient public parking nearby.

Available for rent, the offering is positioned for companies seeking a central office setting in a locally owned and managed property.

Key Highlights

  • Second‑floor office suite in downtown Ann Arbor, located above Sweetgreen
  • Street‑level entrance plus abundant natural light
  • Steps from the University of Michigan’s campus

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Environment Michigan Research ... Research Institute Environment Michigan Association / Organization Michigan Travels, LLC Tour Operator Community Pest Solutions Garden Center

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
$3.55 /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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Ann Arbor, MI

$22.09 /SF/Yr
Avg Asking Price
$10.5–$63.23 /SF/Yr
Price Range
11,122 SF
Avg Space Size

This space is priced 7% above the average of $22.09 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Ann Arbor, MI

$22.52 Jul
$21.03 Aug
$21.87 Sep
$22.23 Oct

Properties on Market for Office Units in Ann Arbor

Jul
Aug
Sep
Oct

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 unit - Second-floor office suite with street-level entrance and abundant natural light, located above Sweetgreen near the University of Michigan.
Where is this office unit located?
The property is located at 313 S State St Ann Arbor, MI.
What is the lease rate?
The lease rate is $355/Mo.
What are key features of this property?
This property features: Second‑floor office suite in downtown Ann Arbor, located above Sweetgreen; Street‑level entrance plus abundant natural light; Steps from the University of Michigan’s campus
(734) 323-7261 · Office Call to check price and availability
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