255 Liberty StAnn Arbor, MI 48104

For Lease
$18.25-$25 /SF/YR
Prime Retail & Office Opportunity in Ann Arbor

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional three-story, 23,309-square-foot commercial building at 255 East Liberty Street presents a unique investment opportunity in the vibrant Downtown Ann Arbor submarket. Built in 1920 and boasting a Class B designation, this property offers a blend of retail and office space, ideal for multiple tenants. The building sits on a 0.35-acre lot and is zoned D1, allowing for a variety of uses. Currently, there are two available spaces ranging from 1,470 to 5,965 square feet, providing flexibility for businesses of varying sizes. The strategic location on East Liberty Street ensures high visibility and street exposure, attracting significant foot traffic. The property features both upper-level office space and lower-level retail space, catering to diverse business needs. Onsite parking is available, a valuable amenity in a bustling downtown area. This well-positioned building offers a compelling combination of historical charm and modern functionality, making it an attractive investment in a thriving Michigan city. The property's three stories provide ample space for expansion or subdivision, allowing for customization to suit specific tenant requirements. Its location in the heart of Downtown Ann Arbor ensures easy access to a wide range of amenities, services, and a strong customer base. This is a rare chance to acquire a significant commercial property in one of Michigan's most desirable downtown areas.

Highlights

  • Prime Downtown Ann Arbor location.
  • Minutes from the University of Michigan's Central Campus.
  • High pedestrian and vehicular traffic.
  • Ample window space ideal for signage and displays.
  • Professionally managed property.

Property Details for 255 Liberty St

Property type
Retail properties, Office properties
RSF (Rentable sq. ft)
23,309 SF
Class
B
Year Built
1920
Stories
3

Unit(s) available at that property

Space
Suite 281
Size
5,965 SF
Rate per SF
$25
Space
Suite 213
Size
1,470 SF
Rate per SF
$18.25

Location Insight

City
Ann Arbor
County
Washtenaw
State
Michigan
Latitude
42.2796795
Longitude
-83.7463982
255 Liberty St, Ann Arbor, Michigan

FAQs

What type of property is this?
Retail property - Prime Retail & Office Opportunity in Ann Arbor
Where is the retail property located?
The property is located at 255 Liberty St Ann Arbor, MI.
What is the lease rate?
The lease rate is $18.25-$25 /SF/YR.
What are key features of this property?
This property features: Prime Downtown Ann Arbor location.; Minutes from the University of Michigan's Central Campus.; High pedestrian and vehicular traffic.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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255 Liberty St
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