Merchant Square

Retail-Commercial for Lease
Catylist Listing ID: 30851195
Property Subtypes: Mixed Use, Street Retail
Contiguous Space: 600 - 1,000 SF
Total Available: 1,600 SF
Gross Building Area: 25,000 SF
Lease Rate: $1,000 - 1,400 (Monthly)
$16.80 - 20 PSF (Annual)
Lease Types: Modified Gross
Ceiling: 11 ft.
Building Name: Merchant Square
Last Updated: 9/16/2023

Overview / Comments

The Merchant Square Building was acquired by Praxis Properties, and has been renovated with new facade treatments, storefronts, lighting, color, and interior work. The building has multiple retail storefronts on the first floor , as well as rear accessed store fronts, most with some basement storage space. The second floor contains 15 apartment units.

Attachments & Media

Expand All 2 Spaces Available

Suite: 131C 600 SF $1,000 (Monthly) Modified Gross
Suite: 141B 1,000 SF $1,400 (Monthly) Modified Gross

Additional Details

Nearest MSA: Ann Arbor
County: Washtenaw
Submarket/Township: Washtenaw W of 23
Tax ID/APN: cpixtax
Retail Clientele: General
Property Located Between: Hall and North Ann Arbor Streets
Side of Street: North
Road Type: Highway
Property Visibility: Excellent
Largest Nearby Street: Michigan Ave.
Traffic/Vehicle Count: 28,000
Area Description: Historic downtown Saline at Four Corners. Neighbors include restaurants, optician, chiropractor, Chamber of Commerce.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Year Renovated: 2007
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Parking lot for tenants and employees and free city parking lot at rear.
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: Open space for retail use.
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,561 15,942 44,213
Median Age: 41.81 41.81 39.56
Households: 2,497 6,026 17,111


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