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Renovated Office Unit
New
For Lease
$13 SF/Yr

843 Penniman Avenue, Plymouth, MI 48170

Updated office space combines an open plan with a full kitchen, storage, and distinctive interior finishes.

Space Size2,300 SF
Days on Market2

Property Features for 843 Penniman Avenue

General Information

Standard status Active
Size 2,300 SF
Net Rentable 2,300 SF
Zoning B-2
Lease Type /mo
Lease Term 36 Months

Space & Availability

Available Space 2,300 SF
Contiguous Space 2,300 SF
Space Use Office
Condition Turnkey

Amenities

full kitchen
ample storage
electric fireplaces
sound-reducing panels
architecturally lit pillars

Building Details

Building Size 2,300 SF
Year Built 1923
Year Renovated 2026
Buildings 1
Listing Agency: Hub, LLC
Listed By: Shelby Fulkerson · License #6502368405
Source: Thebrokeragehouse
Added: Aug 6 Changed: Aug 7 Last Checked: Aug 7 at 2:52AM

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 Hub, LLC

Investment Insights

Based on property information with market context.

This 2,300 SF office unit presents a substantially updated workplace within a building constructed in 1923. Renovation work completed in 2026 introduced luxury vinyl plank flooring, exposed brick, reclaimed wood accents, architecturally illuminated pillars, and a dark ceiling fitted with sound-reducing panels. Two electric fireplaces add additional interior features.

The open layout is supported by a full kitchen equipped with quartz countertops, a refrigerator, dishwasher, microwave, and sink. Ample storage is also included for day-to-day office operations. The property is located at 843 Penniman Avenue in downtown Plymouth and carries B-2 zoning.

Key Highlights

  • 2,300 SF office unit at 843 Penniman Avenue
  • Renovated in 2026 within a building constructed in 1923
  • Open floorplan with exposed brick and reclaimed wood accents

Property Analytics

Current Use

CrossCountry Mortgage, LLC Loan Service Kellen Gonda Realtor Real Estate Agency Gabriella Esqueda Realtor Real Estate Agency University Title Agency Title Company Emily Campbell at CrossCountry ... Loan Service

Suggested Use

Top Pick Parking Lot & Garage Daycare Center (Bike/Boat/Book/etc) Store Food Market Storage Facility HVAC Service

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
$1.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,945
Businesses Nearby

Demographics for 48170, MI

41,069
Population
18,184
Households
2.3
Avg Household Size
45
Median Age
59%
College-Educated
97%
High-School Grad
34.5 sq mi
ZIP Area
1,190
Density / Sq Mi
$109,442
Median Household Income
$68,920
Median Earnings
$1,114
Median Rent
$400,800
Median Home Value

Market

Lease Benchmarks for Plymouth, MI

$28.05 /SF/Yr
Avg Asking Price
$9.75–$50 /SF/Yr
Price Range
5,525 SF
Avg Space Size

This space is priced 54% below the average of $28.05 /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
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Frequently Asked Questions

What type of property is this?
Office units - Updated office space combines an open plan with a full kitchen, storage, and distinctive interior finishes.
Where is this office units located?
The property is located at 843 Penniman Avenue Plymouth, MI.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: 2,300 SF office unit at 843 Penniman Avenue; Renovated in 2026 within a building constructed in 1923; Open floorplan with exposed brick and reclaimed wood accents
More about this property
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