Conventional Restaurant

Ann Arbor, MI Conventional Restaurants for Sale

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Ann Arbor Restaurant Business Opportunity
Updated: May 26
Ann Arbor Restaurant Business Opportunity

1220 S University Avenue, Ann Arbor, MI 48104

$150,000
2,400 sqft 0.25 AC lot
Prime location on S. University Ave near the University of Michigan campus with high visibility and heavy foot traffic.
Turnkey Asian restaurant business opportunity with all kitchen equipment, furniture, and fixtures included.
Spacious kitchen and attractive interior design suitable for various restaurant or food‑service concepts.
Ready‑to‑operate setup minimizing initial investment and setup time.
Strong pedestrian traffic and student activity providing a built‑in customer base.
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Hard-Corner Retail Redevelopment Site
Updated: Jun 28
Hard-Corner Retail Redevelopment Site

3953 Packard St, Ann Arbor, MI 48108

$1,700,000
1.24 AC lot
1.24‑acre signalized hard‑corner retail parcel on a dense retail corridor
B1 zoning (business zoning) allows for a variety of permitted uses
Former White Castle site with ample on‑site parking for investors
Located on/at Interstate 94 with 80,300 VPD (vehicle traffic count provided)
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Restaurant with Event Space and Full Bar
Restaurant with Event Space and Full Bar

307 South Main Street, Ann Arbor, MI 48104

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

5340 Jackson Rd, Ann Arbor, MI 48103

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4,724 sqft

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

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Downtown Corner Mixed-Use Building
Downtown Corner Mixed-Use Building

311 N MAIN ST, Ann Arbor, MI 48104

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5,478 sqft

Two-story corner building with open floor plans, large east and west windows, and on-site parking.

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

812 S State St, Ann Arbor, MI 48104

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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 Opportunity
Turnkey Asian Restaurant Opportunity

110-1220 S University Ave, Ann Arbor, MI 48109

$150,000

Business-only sale includes kitchen equipment, furniture, and fixtures in a ready-to-operate restaurant space on S. University Ave.

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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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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 8 Active listings in Ann Arbor, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Restaurant Site with Vacant Lot
Restaurant Site with Vacant Lot

644 E Huron River Drive, Belleville, MI 48111

$99,900
240 sqft 0.17 AC lot

Former ice cream shop site with an included vacant lot, offering flexibility for parking and possible expansion.

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Turnkey Restaurant Franchise Business
Turnkey Restaurant Franchise Business

Ypsilanti, MI 48197

$425,000

Turnkey Cinnabon and Auntie Anne’s franchise operating inside a Meijer with a 5-year lease and utilities included.

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Former Ice Cream Shop Site
Former Ice Cream Shop Site

644 E Huron River Dr, Belleville, MI 48111

$99,900

Former ice cream shop for sale, sold as-is, with an included vacant lot for flexibility.

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Turn-Key Fast-Casual Restaurant Business
Turn-Key Fast-Casual Restaurant Business

3765 Carpenter Rd, Ypsilanti, MI 48197

Contact for pricing

Turn-key fast-casual restaurant business for sale, featuring automated self-operating food prep and catering services.

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Ann Arbor, MI Conventional Restaurants Market Trends and Statistics

Explore 8 conventional restaurants for sale in Ann Arbor, MI, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 20,150 square feet of properties for sale, with an estimated market value of $2,150,000.

Sale prices for conventional restaurants in Ann Arbor, MI start at $150,000, averaging $537,500, and reaching up to $1,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 13
Drive through restaurants 6
Coffee shops 4
Bars & Pubs 3
Commercial kitchens 3

Demographics Overview

Population 169K
Population Growth (5Y) +2.0%
Median Household Income $90,855
College Educated 70.9%

High-Yield Neighborhoods for Investment

Identify Ann Arbor submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
48104 $150K
48109 $150K
48108 $1.7M

Taxes & Financing

Tax Rate (average for all types) 4.58%
Property Tax per SF $58.28 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Washtenaw County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Washtenaw County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Ann Arbor fall within the 50,000 to 100,000 square foot range.

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