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Downtown Ann Arbor Office Space for Lease 527 E Liberty St

244 - 9,600 SF of Space Available in Ann Arbor, MI 48104

Highlights

  • Historic Michigan Theater Building
  • Upper and lower level office suites
  • Plenty of foot traffic
  • Heart of downtown Ann Arbor - Walking distance to restaurants, shops, municipal buildings and U of M campus
  • Ideal for small business or tech company
  • Municipal street, structure and lot parking

Space Availability (8)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 525A
  • 1,718-4,272 SF
  • Negotiable
  • $21.10 CAD/SF/YR $1.76 CAD/SF/MO $227.08 CAD/m²/YR $18.92 CAD/m²/MO $7,510 CAD/MO $90,122 CAD/YR
  • Plus Electric
Space Use
Retail
Condition
-
Availability
Now

Can be used for office or retail. Can also be combined with suite 525B for a total of 4,272 SF

  • Listed lease rate plus proportional share of electrical cost
  • 1st Floor, Ste 525B
  • 2,554 SF
  • Negotiable
  • $21.10 CAD/SF/YR $1.76 CAD/SF/MO $227.08 CAD/m²/YR $18.92 CAD/m²/MO $4,490 CAD/MO $53,879 CAD/YR
  • Plus Electric
Space Use
Office/Retail
Condition
-
Availability
Now

Lower level office suite - $3,192/month. Plus electric.

  • Listed lease rate plus proportional share of electrical cost
  • Mostly Open Floor Plan Layout
  • Central Air Conditioning
  • Great City Views.
  • 2nd Floor, Ste 201
  • 244 SF
  • Negotiable
  • $42.19 CAD/SF/YR $3.52 CAD/SF/MO $454.15 CAD/m²/YR $37.85 CAD/m²/MO $857.90 CAD/MO $10,295 CAD/YR
  • Full Service
Space Use
Office
Condition
-
Availability
Now

Second floor office suite-$610/per month

  • Rate includes utilities, building services and property expenses
  • Mostly Open Floor Plan Layout
  • Central Air Conditioning
  • 2nd Floor, Ste 204
  • 445 SF
  • Negotiable
  • $42.19 CAD/SF/YR $3.52 CAD/SF/MO $454.15 CAD/m²/YR $37.85 CAD/m²/MO $1,565 CAD/MO $18,775 CAD/YR
  • Full Service
Space Use
Office/Retail
Condition
-
Availability
Now
  • Rate includes utilities, building services and property expenses
  • Mostly Open Floor Plan Layout
  • Central Air Conditioning
  • 2nd Floor, Ste 205
  • 630 SF
  • Negotiable
  • $42.19 CAD/SF/YR $3.52 CAD/SF/MO $454.15 CAD/m²/YR $37.85 CAD/m²/MO $2,215 CAD/MO $26,581 CAD/YR
  • Full Service
Space Use
Office
Condition
Partial Build-Out
Availability
Now
  • Rate includes utilities, building services and property expenses
  • Central Air Conditioning
  • 2nd Floor, Ste 209B
  • 300 SF
  • Negotiable
  • $42.19 CAD/SF/YR $3.52 CAD/SF/MO $454.15 CAD/m²/YR $37.85 CAD/m²/MO $1,055 CAD/MO $12,658 CAD/YR
  • Full Service
Space Use
Office
Condition
-
Availability
Now
  • Rate includes utilities, building services and property expenses
  • 2nd Floor, Ste 210
  • 455 SF
  • Negotiable
  • $42.19 CAD/SF/YR $3.52 CAD/SF/MO $454.15 CAD/m²/YR $37.85 CAD/m²/MO $1,600 CAD/MO $19,197 CAD/YR
  • Full Service
Space Use
Office
Condition
-
Availability
Now
  • Rate includes utilities, building services and property expenses
  • 2nd Floor, Ste 211/212
  • 700 SF
  • Negotiable
  • $42.19 CAD/SF/YR $3.52 CAD/SF/MO $454.15 CAD/m²/YR $37.85 CAD/m²/MO $2,461 CAD/MO $29,534 CAD/YR
  • Full Service
Space Use
Office
Condition
-
Availability
Now
  • Rate includes utilities, building services and property expenses
Space Size Term Rental Rate Rent Type
1st Floor, Ste 525A 1,718-4,272 SF Negotiable $21.10 CAD/SF/YR $1.76 CAD/SF/MO $227.08 CAD/m²/YR $18.92 CAD/m²/MO $7,510 CAD/MO $90,122 CAD/YR Plus Electric
1st Floor, Ste 525B 2,554 SF Negotiable $21.10 CAD/SF/YR $1.76 CAD/SF/MO $227.08 CAD/m²/YR $18.92 CAD/m²/MO $4,490 CAD/MO $53,879 CAD/YR Plus Electric
2nd Floor, Ste 201 244 SF Negotiable $42.19 CAD/SF/YR $3.52 CAD/SF/MO $454.15 CAD/m²/YR $37.85 CAD/m²/MO $857.90 CAD/MO $10,295 CAD/YR Full Service
2nd Floor, Ste 204 445 SF Negotiable $42.19 CAD/SF/YR $3.52 CAD/SF/MO $454.15 CAD/m²/YR $37.85 CAD/m²/MO $1,565 CAD/MO $18,775 CAD/YR Full Service
2nd Floor, Ste 205 630 SF Negotiable $42.19 CAD/SF/YR $3.52 CAD/SF/MO $454.15 CAD/m²/YR $37.85 CAD/m²/MO $2,215 CAD/MO $26,581 CAD/YR Full Service
2nd Floor, Ste 209B 300 SF Negotiable $42.19 CAD/SF/YR $3.52 CAD/SF/MO $454.15 CAD/m²/YR $37.85 CAD/m²/MO $1,055 CAD/MO $12,658 CAD/YR Full Service
2nd Floor, Ste 210 455 SF Negotiable $42.19 CAD/SF/YR $3.52 CAD/SF/MO $454.15 CAD/m²/YR $37.85 CAD/m²/MO $1,600 CAD/MO $19,197 CAD/YR Full Service
2nd Floor, Ste 211/212 700 SF Negotiable $42.19 CAD/SF/YR $3.52 CAD/SF/MO $454.15 CAD/m²/YR $37.85 CAD/m²/MO $2,461 CAD/MO $29,534 CAD/YR Full Service

1st Floor, Ste 525A

Size
1,718-4,272 SF
Term
Negotiable
Rental Rate
$21.10 CAD/SF/YR $1.76 CAD/SF/MO $227.08 CAD/m²/YR $18.92 CAD/m²/MO $7,510 CAD/MO $90,122 CAD/YR
Rent Type
Plus Electric
Space Use
Retail
Condition
-
Availability
Now

Can be used for office or retail. Can also be combined with suite 525B for a total of 4,272 SF

  • Listed lease rate plus proportional share of electrical cost

1st Floor, Ste 525B

Size
2,554 SF
Term
Negotiable
Rental Rate
$21.10 CAD/SF/YR $1.76 CAD/SF/MO $227.08 CAD/m²/YR $18.92 CAD/m²/MO $4,490 CAD/MO $53,879 CAD/YR
Rent Type
Plus Electric
Space Use
Office/Retail
Condition
-
Availability
Now

Lower level office suite - $3,192/month. Plus electric.

  • Listed lease rate plus proportional share of electrical cost
  • Mostly Open Floor Plan Layout
  • Central Air Conditioning
  • Great City Views.

2nd Floor, Ste 201

Size
244 SF
Term
Negotiable
Rental Rate
$42.19 CAD/SF/YR $3.52 CAD/SF/MO $454.15 CAD/m²/YR $37.85 CAD/m²/MO $857.90 CAD/MO $10,295 CAD/YR
Rent Type
Full Service
Space Use
Office
Condition
-
Availability
Now

Second floor office suite-$610/per month

  • Rate includes utilities, building services and property expenses
  • Mostly Open Floor Plan Layout
  • Central Air Conditioning

2nd Floor, Ste 204

Size
445 SF
Term
Negotiable
Rental Rate
$42.19 CAD/SF/YR $3.52 CAD/SF/MO $454.15 CAD/m²/YR $37.85 CAD/m²/MO $1,565 CAD/MO $18,775 CAD/YR
Rent Type
Full Service
Space Use
Office/Retail
Condition
-
Availability
Now

  • Rate includes utilities, building services and property expenses
  • Mostly Open Floor Plan Layout
  • Central Air Conditioning

2nd Floor, Ste 205

Size
630 SF
Term
Negotiable
Rental Rate
$42.19 CAD/SF/YR $3.52 CAD/SF/MO $454.15 CAD/m²/YR $37.85 CAD/m²/MO $2,215 CAD/MO $26,581 CAD/YR
Rent Type
Full Service
Space Use
Office
Condition
Partial Build-Out
Availability
Now

  • Rate includes utilities, building services and property expenses
  • Central Air Conditioning

2nd Floor, Ste 209B

Size
300 SF
Term
Negotiable
Rental Rate
$42.19 CAD/SF/YR $3.52 CAD/SF/MO $454.15 CAD/m²/YR $37.85 CAD/m²/MO $1,055 CAD/MO $12,658 CAD/YR
Rent Type
Full Service
Space Use
Office
Condition
-
Availability
Now

  • Rate includes utilities, building services and property expenses

2nd Floor, Ste 210

Size
455 SF
Term
Negotiable
Rental Rate
$42.19 CAD/SF/YR $3.52 CAD/SF/MO $454.15 CAD/m²/YR $37.85 CAD/m²/MO $1,600 CAD/MO $19,197 CAD/YR
Rent Type
Full Service
Space Use
Office
Condition
-
Availability
Now

  • Rate includes utilities, building services and property expenses

2nd Floor, Ste 211/212

Size
700 SF
Term
Negotiable
Rental Rate
$42.19 CAD/SF/YR $3.52 CAD/SF/MO $454.15 CAD/m²/YR $37.85 CAD/m²/MO $2,461 CAD/MO $29,534 CAD/YR
Rent Type
Full Service
Space Use
Office
Condition
-
Availability
Now

  • Rate includes utilities, building services and property expenses

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

PROPERTY FACTS FOR 527 E Liberty St , Ann Arbor, MI 48104

Min. Divisible 244 SF
Property Type Retail
Property Subtype
Storefront Retail/Office
  • Office Building
Gross Leasable Area 21,000 SF
Year Built 1927

About the Property

Located in the historic Michigan Theater building, these office/retail suites offer an ideal setting for businesses seeking a prestigious downtown Ann Arbor address. The building is surrounded by a lively community with a rich mix of culture, dining, and shopping, all within walking distance. The University of Michigan campus is also just a short walk away, making this location perfect for businesses looking to attract talent and clients from the university. Building Features • Historic Michigan Theater Building: Adds a prestigious and cultural touch to your business address. • Flexible Lease Terms: Adaptable to suit your business requirements. • Vibrant Location: In the heart of downtown Ann Arbor, surrounded by restaurants, coffee shops, and retail stores. • Accessibility: Convenient access to street and municipal structure parking. • Proximity: Close to the University of Michigan campus, providing a pool of potential clients and employees. The building's prime location ensures that you are never far from Ann Arbor's best amenities: • Dining and Coffee Shops: Enjoy a variety of options for lunch breaks or client meetings. • Retail Stores: Convenient shopping options for employees and visitors. • University of Michigan: Easy access to campus resources and a steady flow of foot traffic. This exceptional opportunity places your business in one of Ann Arbor's most desirable locations. Secure your spot today and enjoy all the benefits of being part of the downtown Ann Arbor community. The Ann Arbor area is a friendly community with big-city sophistication; a world-class educational and high-tech research center nestled in a quintessential college town; a close-knit community of charming neighborhoods with a rich mix of cultures. The Ann Arbor campus has plenty to inspire and entertain. Ranked as the #2 Best College Town in America, Ann Arbor and the University of Michigan go together like Maize and Blue! With more than 43,000 undergrad and graduate students, campus life is interwoven with city life. Although geographically small, the area is perhaps most renowned for its entertainment, athletics, cultural offerings, dining experiences and nightlife. On almost any given weekend, a visit to Ann Arbor will coincide with one of the many festivals and special events hosted in Ann Arbor. Two of the most recognizable traditions are the Ann Arbor Art Fair and University of Michigan football. Every July, the award-winning Ann Arbor Art Fair transforms the downtown streets into an art gallery featuring thousands of juried artists. In the fall, each football Saturday brings more than 100,000 people to town for tailgating and fill "The Big House" to watch the University of Michigan Wolverines. In the winter, holiday light festivals and the Ann Arbor Folk Festival are always crowd pleasers. April brings the thaw and a weekend unlike any other as we celebrate whimsy during FoolMoon and FestiFools. Described as an urban oasis, the Ann Arbor area is also the perfect four season destination for outdoor enthusiasts. You'll discover golf courses, trails groomed for hiking and cross-country skiing, some of the best canoeing and kayaking in southeastern Michigan along the twelfth nationally recognized water trail — the Huron River. Zoning Description: 5:10.19. - D1 and D2 downtown districts. (1) Intent. These districts, in coordination with the downtown character overlay zoning districts, are designed to support the downtown as the city's traditional center. The downtown serves both the region and local residents as a place to live, work, and take advantage of civic, cultural, educational, shopping, and entertainment opportunities. The downtown districts are intended to allow a mixture of land uses, dense urban development, pedestrian orientation, unique residential opportunities, and a compatible and attractive mix of historic and contemporary building design. Development in these districts is designed to be accessible by a variety of modes of transportation. (a) D1 - Downtown Core District. This district is intended to contain the downtown's greatest concentration of development and serves as a focus for intensive pedestrian use. This district is appropriate for high-density mixed residential, office and commercial development. (b) D2 - Downtown Interface District. This district is intended to be an area of transition between the Core and surrounding residential neighborhoods. This district is appropriate for medium density residential and mixed-use development. Relationship to downtown character overlay zoning districts. The D1 and D2 downtown zoning districts shall be further regulated by the downtown character overlay zoning districts. Unless otherwise specified in this chapter, regulations identified for both the downtown district and the applicable downtown character overlay zoning district shall apply.

  • Bus Line
Walk Score ®
Walker's Paradise (97)
Transit Score ®
Excellent Transit (79)
Bike Score ®
Very Bikeable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Noodles & Company
Huntington National Bank
Starbucks
Pure Barre
Buffalo Wild Wings
Old National Bank
Chase Bank
Ruth’s Chris Steak House
First Merchants Bank
Palio
  • Listing ID: 4207675

  • Date on Market: 2024-11-13

  • Last Updated:

  • Address: 527 E Liberty St, Ann Arbor, MI 48104

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