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    206 5Th Ave Ann Arbor, MI 48104

    Sponsored
    For Lease
    $29 SF/Yr

    Prime Ann Arbor office, high visibility.

    Lot size:
    18,194 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This Class A office building at 206 S 5th Ave, Ann Arbor, MI 48104, offers 18,194 square feet of leasable space across five stories. Located in the heart of downtown, between Washington and Liberty Streets, this traditional office building is zoned D1 (APN: 09-09-29-128-024). The building provides multiple tenancy options. A fifth-floor suite is available, featuring private offices, a conference room, and a private restroom. Large windows offer stunning downtown views. The building's central location ensures convenient commuting, with ample street, structure, and underground parking options within a short distance. Bicycle parking is also available. This exceptional space is ideal for businesses seeking high visibility and accessibility in Ann Arbor's thriving commercial district. The property's prime location and modern amenities make it an attractive option for both startups and established firms looking to expand their presence in the city. This is a unique opportunity to establish your business in the center of Ann Arbor's dynamic downtown area.

    Property Features for 206 5Th Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    18,194 SF
    Class
    A
    Total Rate
    44726.92

    Building Details

    Stories
    5

    Unit(s) available at that property

    Space
    Suite 550
    Size
    2,145 SF
    Rate per SF
    $29

    HighLights

    • Fifth‑floor suite with private offices, conference room, kitchenette, and restroom.
    • Enjoy city views from abundant windows.
    • Ample on‑street, structured, and underground parking nearby.
    • High‑visibility location in the heart of downtown Ann Arbor.
    • Walkable to numerous restaurants and shops.
    Property Profile Location Intelligence

    Current Use by Public Records

    Atomic Object Software Company North Coast LLC Attorney University Financial Associates ... Financial Institution Capulet Realty LLC Real Estate Agency Dataspace Inc Recruiter

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ann Arbor
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.7463499
    Latitude
    42.2802144

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Ann Arbor office, high visibility.
    Where is this office property / space located?
    The property is located at 206 5Th Ave Ann Arbor, MI.
    What is the lease rate?
    The lease rate is $29 SF/Yr.
    What are key features of this property?
    This property features: Fifth-floor suite with private offices, conference room, kitchenette, and restroom.; Enjoy city views from abundant windows.; Ample on-street, structured, and underground parking nearby.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    206 5Th Ave Ann Arbor, MI 48104
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