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Loft Space in Central District
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320 S Main St, Ann Arbor, MI 48104

Second floor loft with open ceiling and brick walls.

Space Size1,543 SF
Days on Market2378

Property Features for 320 S Main St

General Information

Standard status Active
Size 1,543 SF
Class B
Property subtype Office
Lease Type Modified Gross

Building Details

Tenancy Multiple

Spaces For Lease

at 320 S Main St Contact us

Suite C

Size
1,543 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Swisher Commercial
Listed By: Joe Palms, CCIM · License #MI 6501273079
Source: Crexi
Added: Mar 2, 2020 Changed: Aug 27 Last Checked: Sep 1 at 4:01AM

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 Swisher Commercial

Investment Insights

Based on property information with market context.

This second-floor loft space features dramatic open ceiling rafters and brick walls. Suite C includes a break area, conference room, phone booth, and open areas. The building has entrances at the front and back. A city parking lot (Kline lot) is located at the rear of the building. Municipal lots, structures, and street parking are available on Main Street and surrounding streets. The property is situated above Conor O'Neill's Irish pub in the heart of Ann Arbor's Central Business District, a restaurant and entertainment area. It is zoned D1.

Key Highlights

  • Prime location in the heart of Ann Arbor's Central Business District, surrounded by restaurants and entertainment.
  • Unique loft space featuring dramatic open ceiling rafters and brick walls.
  • Functional office layout including a break area, conference room, phone booth, and open areas.

Property Analytics

Current Use

RPM Ventures Bank McKinley Companies Property Management Company FedEx Drop Box Postal Service Q+M Marketing & Advertising Fujiarts Corporate Office

Suggested Use

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

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
$3.38 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,510
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

$21.03 /SF/Yr
Avg Asking Price
$2.72–$50 /SF/Yr
Price Range
9,426 SF
Avg Space Size

This space is priced 7% above the average of $21.03 /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 - Second floor loft with open ceiling and brick walls.
Where is this office units located?
The property is located at 320 S Main St Ann Arbor, MI.
What is the lease rate?
The lease rate is $22.50 SF/Yr.
What are key features of this property?
This property features: Prime location in the heart of Ann Arbor's Central Business District, surrounded by restaurants and entertainment.; Unique loft space featuring **dramatic open ceiling rafters and brick walls.**; Functional office layout including a break area, conference room, phone booth, and open areas.
More about this property
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