Ann Arbor, Michigan Commercial Real Estate Market Report

The Ann Arbor commercial real estate market currently features 88 active listings on Commrty. This inventory consists of 52 properties available for sale and 36 properties available for lease. All 88 of these listings have entered the market within the last 90 days, while no new listings were added in the past 30 days. No transactions have been recorded as sold or leased on the platform during the previous 180 days, representing a stagnant period for completed activity across the metropolitan area. The inventory reflects a broad selection of assets available for immediate review by interested market participants.

Pricing for these active listings shows significant variance, with asking sale prices ranging from $6 million to $9.7 million among the 61 listings that have published a specific price. The median advertised sale price for these assets stands at $199,000. For investors focused on income generation, the median advertised cap rate for current listings is 6.41%. These figures provide a baseline for assessing the valuation of assets currently marketed on Commrty, assisting buyers and investors in evaluating the current cost of entry within the Ann Arbor region given the available commercial inventory.

The current composition of Commrty listings is evenly split between office and retail properties, with 28 listings each. The remainder of the portfolio includes 16 industrial properties, 6 parcels of land, 4 multifamily assets, and 4 business-for-sale opportunities, alongside minor holdings in mixed-use and special-purpose assets. This diverse asset mix offers options for various user types, from professional service firms requiring office space to industrial users and commercial investors. The lack of recent transaction velocity suggests that users should utilize these active listings as a current reference point for available inventory and pricing benchmarks.