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Second-Floor Retail Space
New
For Lease
$4,743/Mo

603 E William St, Ann Arbor, MI 48104

Includes an Adult-Use Retailer License and leasehold rights; real estate is not included.

Space SizeContact for details
Property Size1,725 SF
Days on Market2

Property Features for 603 E William St

General Information

Standard status Active
Size 1,725 SF
Property subtype Commercial

Space & Availability

Floor 2
Space Use Retail
Sublease Yes
Available From Immediate

Additional Details

Land Use retail, adult-use retail

Amenities

prominent building signage

Building Details

Building Size 1,725 SF
Listing Agency: C3 CRE, LLC
Listed By: Corbin Yaldoo · License #6502431997
Source: Elliman
Added: Aug 11 Changed: Aug 12 Last Checked: Aug 12 at 3:43AM

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 C3 CRE, LLC

Investment Insights

Based on property information with market context.

This second-floor retail space occupies part of a mixed-use building and includes leasehold rights along with an Adult-Use Retailer License. The real estate itself is excluded from the offering. Building signage provides an identifiable presence for the operating facility.

The property is at 603 E William St in Downtown Ann Arbor’s State Street District, adjacent to the University of Michigan Diag and Central Campus. The surrounding area includes national and local retailers, restaurants, theaters, and museums. WalkScore is 79, BikeScore is 99, and TransitScore is 57, reflecting access by foot, bicycle, and transit.

Key Highlights

  • Adult‑Use Retailer License included
  • Leasehold rights included; real estate not included
  • Second‑floor space within a mixed‑use building

Property Analytics

Current Use

Treehouse 603 (Bike/Boat/Book/etc) Store

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

4,508
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

$23.54 /SF/Yr
Avg Asking Price
$1.3–$55 /SF/Yr
Price Range
7,656 SF
Avg Space Size

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Includes an Adult-Use Retailer License and leasehold rights; real estate is not included.
Where is this retail space located?
The property is located at 603 E William St Ann Arbor, MI.
What is the lease rate?
The lease rate is $4,743/Mo.
What are key features of this property?
This property features: Adult‑Use Retailer License included; Leasehold rights included; real estate not included; Second‑floor space within a mixed‑use building
More about this property
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