Restaurant

Ann Arbor, MI Conventional Restaurants for Lease

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First-Floor Restaurant with Bar
Updated: Oct 7, 2025
First-Floor Restaurant with Bar

316 S State St, Ann Arbor, MI 48104

$58 SF/Yr
5,508 sqft
Move‑in ready first‑floor restaurant space on S. State St in downtown Ann Arbor
Directly across from the University of Michigan’s central campus
Brick interior with an open floor plan for table and booth seating, plus ample bar space
Includes second‑floor office space and basement storage with two walk‑in fridges and additional restrooms
Located adjacent to the iconic Nickels Arcade building, surrounded by restaurants and retail shops
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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Ann Arbor, MI, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 6 Properties for Sales.

Conventional restaurants for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Freestanding Restaurant and Bar
Freestanding Restaurant and Bar

39550 Seven Mile Road, Northville, MI 48167

$45 SF/Yr
7,406 sqft

Freestanding restaurant and bar with exceptional corner visibility, ample parking, and recent HVAC upgrades.

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Pad Site Restaurant with Visibility
Pad Site Restaurant with Visibility

35613 Warren Rd, Westland, MI 48185

Contact for pricing
6,722 sqft

Fully built-out restaurant on a pad at West Ridge Shopping Center with multiple access points off Warren Road.

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Former Restaurant Space Available
Former Restaurant Space Available

21200 Haggerty Road |, Northville, MI 48167

Contact for pricing

Freestanding restaurant space for lease or purchase in Northville.

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Westland Restaurant Space For Lease
Westland Restaurant Space For Lease

35613 Warren Road, Westland, MI 48185

Contact for pricing

Restaurant space in a busy shopping center.

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Similar Spaces for Sale in Ann Arbor, MI

Consider Similar Space for Sale. We found 6 Spaces matching your search parameters.

Restaurant with Event Space and Full Bar
Restaurant with Event Space and Full Bar

307 South Main Street, Ann Arbor, MI 48104

$1,000,000
5,003 sqft

Established Indian restaurant offering a full kitchen and a lower-level event space with a full bar for group dining and parties.

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Ann Arbor Restaurant Business Opportunity
Ann Arbor Restaurant Business Opportunity

1220 S University Avenue, Ann Arbor, MI 48104

$150,000
2,400 sqft 0.25 AC lot

Turnkey Asian restaurant near University of Michigan campus for sale.

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Freestanding Restaurant with Drive-Through
Freestanding Restaurant with Drive-Through

5340 Jackson Rd, Ann Arbor, MI 48103

$4,225,000
4,724 sqft

4,724 SF restaurant with drive-through, excellent visibility, ample parking.

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Hard-Corner Retail Redevelopment Site
Hard-Corner Retail Redevelopment Site

3953 Packard St, Ann Arbor, MI 48108

$1,700,000
1.24 AC lot

Signalized hard-corner retail parcel on a dense corridor with parking and B1 zoning for redevelopment flexibility.

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Mixed-Use Retail and Apartment
Mixed-Use Retail and Apartment

812 S State St, Ann Arbor, MI 48104

$1,945,000
2,545 sqft

Fully occupied mixed-use building with retail, a planned restaurant space, and a student apartment.

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Turnkey Asian Restaurant
Turnkey Asian Restaurant

1220 S University Avenue Unit 110, Ann Arbor, MI 48104

$150,000

Business-only sale of a fully equipped Asian restaurant suite on a heavily traveled retail corridor near campus activity.

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Ann Arbor, MI Conventional restaurants Market Trends and Statistics

Explore Conventional restaurants leasing options in Ann Arbor, MI with 1 listings featured on our commercial real estate exchange. The current inventory includes 5,508 square feet of properties with an estimated lease value of $58 SF/Yr.

Estimated lease rates for Conventional restaurants in Ann Arbor, MI begin at $58 SF/Yr, with an average of $58 SF/Yr and extend to $58 SF/Yr.
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