308 State StAnn Arbor, MI 48104

  • Commercial real estate
  • 0.10 AC
For Lease
$25/SF/YR View listing

Property Details for 308 State St

Year built
1901
Lot size
0.10 AC
Zone code
D1
Property type
Commercial real estate
APN
09-09-29-400-014
APU
90929400014

Description

This exceptional creative office space is located in the vibrant heart of Ann Arbor, Michigan, at 308 S. State St., 48104. Situated directly across from the Diag and the University of Michigan's Central Campus, this location offers unparalleled visibility and accessibility. The property features multiple tenancy options, with two available spaces ranging in size from 195 square feet to 838 square feet, perfect for a variety of businesses. The building's classification as a "Creative Office" suggests a flexible and adaptable layout, ideal for innovative companies and startups. The exact total square footage of the building is currently unavailable. This prime location in Washtenaw County provides easy access to a diverse workforce, a thriving student population, and a wealth of amenities. The address, 308 S. State St., places the property within walking distance of numerous restaurants, shops, and cultural attractions. This is a unique opportunity to secure a highly desirable office space in one of Michigan's most dynamic and sought-after cities. The property's proximity to the University of Michigan makes it particularly attractive to businesses that serve or collaborate with the university community. Interested parties should inquire promptly to secure their preferred space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $879,202
    Hospitality
    $805,345
    Educational
    $670,037
    Medical
    $693,081
    Retail
    $1,042,280
308 State St, Ann Arbor, Michigan

Location Insight

City
Ann Arbor
County
Washtenaw
State
Michigan
Latitude
42.279
Longitude
-83.7411
CBSA code
11460
CBSA name
ANN ARBOR, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$47,867
-
-
$1,006,000
-
-
-
$2,012,000

FAQs

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