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Renovated Office Units with Industrial Design
For Lease
$13 SF/Yr

843 Penniman Avenue, Plymouth, MI 48170

Open-plan workspace with a full kitchen, storage, and upgraded interior finishes.

Space Size2,300 SF
Days on Market178

Property Features for 843 Penniman Avenue

General Information

Standard status Active
Size 2,300 SF
Net Rentable 2,300 SF

Space & Availability

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

Additional Details

Lease Term 36 months

Amenities

exposed brick
reclaimed wood accent walls
architecturally lit pillars
blacked-out ceiling with sound-reducing panels
electric fireplaces
luxury vinyl plank flooring
full kitchen
ample storage

Building Details

Building Size 2,300 SF
Year Built 1923
Year Renovated 2026
Units 1
Listing Agency: Hub, LLC
Listed By: Shelby Fulkerson · License #6502368405
Source: Phgrealty
Added: Feb 23 Changed: Aug 20 Last Checked: Aug 20 at 6:08AM

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-square-foot office property combines a flexible open layout with a renovated interior completed in 2026. Design elements include exposed brick, reclaimed wood detailing, illuminated structural pillars, a dark ceiling fitted with acoustic panels, two electric fireplaces, and luxury vinyl plank flooring. The space also includes a full kitchen with quartz counters, refrigerator, dishwasher, microwave, and sink, along with substantial storage capacity.

The office is located at 843 Penniman Avenue in downtown Plymouth, Michigan, placing it within the downtown setting identified for the property. Originally built in 1923, the building offers a contrasting blend of historic construction and contemporary interior improvements. A 36-month lease term is specified.

Key Highlights

  • 2,300 SF office space renovated in 2026
  • Open floorplan with exposed brick and reclaimed wood accents
  • Black ceiling with sound‑reducing panels and architecturally lit pillars

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

1,830
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

$32.19 /SF/Yr
Avg Asking Price
$13.75–$64.54 /SF/Yr
Price Range
5,964 SF
Avg Space Size

This space is priced 60% below the average of $32.19 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Open-plan workspace with a full kitchen, storage, and upgraded 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 space renovated in 2026; Open floorplan with exposed brick and reclaimed wood accents; Black ceiling with sound‑reducing panels and architecturally lit pillars
More about this property
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