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2205 Commonwealth Blvd

Off-Market

2205 Commonwealth Blvd, Ann Arbor, MI 48105

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  • Property Type Office - Medical Office
  • Property Size 33,400 SF
  • Lot Size 3.41 Acre
  • Parking Spaces Avail. 90
  • Parking Ratio 2.70 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1986

Location

  • Walk Score ® Car-Dependent (48)
  • Transit Score ® Some Transit (44)
  • Bike Score ® Very Bikeable (86)
Powered by Walk Score ®
  • City Ann Arbor, MI
  • Neighborhood Arbor Hills
  • Zip Code 48105
  • Market Detroit

Points of Interest

Ann Arbor

2.73 miles

BP

3.45 miles

Circle K

3.67 miles

Mobil

3.79 miles

Shell

4.87 miles

ChargePoint

5.49 miles

Citgo

5.49 miles

Costco Gasoline

5.77 miles

Ann Arbor Supercharger

5.82 miles

Boggs

6.41 miles

Citgo

6.68 miles

U-M Lot M30

2.28 miles

U-M Lot M90

2.62 miles

Ann & Ashley parking structure

3.19 miles

University of Michigan Lot S5

3.27 miles

WCC Parking Lot 3

3.48 miles

Lot S: Public

3.92 miles

SC 43

5.23 miles

Oakwood Lot North

5.25 miles

Green Lot

5.25 miles

DeVine Preserve Trailhead

8.23 miles

Holiday Inn

0.44 miles

Residence Inn

0.50 miles

Ann Arbor Bed and Breakfast

2.75 miles

Stone Chalet Bed and Breakfast Inn

3.01 miles

Library Bed and Breakfast

3.40 miles

Burnt Toast Inn

3.53 miles

A Victory Inn & Suites

3.72 miles

Cadgwith Too

3.79 miles

Holiday Inn & Suites

4.93 miles

Extended Stay America

4.93 miles

Carson's American Bistro

0.22 miles

Chipotle

2.97 miles

Mama Satto

2.98 miles

Qmin

2.99 miles

Jimmy John's

3.05 miles

Isalita

3.11 miles

Pretzel Bell

3.28 miles

Panera Bread

3.43 miles

Noodles & Company

3.60 miles

Concessions

3.85 miles

Greenhills School

1.78 miles

University of Michigan

1.82 miles

Concordia University Ann Arbor

2.41 miles

Ross School of Business

3.15 miles

Washtenaw Community College

3.55 miles

Summers-Knoll School

3.59 miles

Pittsfield Elementary School

4.00 miles

Haisley Elementary School

4.27 miles

Central Academy

4.33 miles

Ypsilanti STEMM Middle College

5.12 miles

Gretchen's House

1.87 miles

Towsley Chidren House

3.02 miles

Green Apple Garden Upper Playschool

3.32 miles

Annie's Children's Center

4.03 miles

Explorer Child Care Learning Center

4.44 miles

Little Lamb Nursery & Kindergarten

4.44 miles

Gretchen's House

4.72 miles

Stony Creek Preschool

5.29 miles

Annie's Children's Center

7.29 miles

Kozy Heart Daycare Center

7.49 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Ann Arbor

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

Asking Rents in Ann Arbor Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $26.44
  • 2020 Office Vacancy Rate 9.25%
  • 2020 Office Completions (SF)

Ann Arbor Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per SF $155.98
  • Y-o-Y Avg. PpSF Change -23.34%
  • 2020 Office Sales Volume $42.5M
  • 2020 Number of Transactions 4
View more Ann Arbor market trends

Tax

  • Base Tax $201,837
  • Current Tax $140,889
  • Market Value* $5,867,800
  • Assessed Value $5,867,800

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 2205 Commonwealth Blvd?

2205 Commonwealth Blvd totals 33,400 square feet.

When was this property built?

2205 Commonwealth Blvd was built in 1986.

What is the market value for 2205 Commonwealth Blvd?

The market value* for 2205 Commonwealth Blvd in 2022 was $5,867,800.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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