Conventional Restaurant

Ann Arbor, MI Conventional Restaurants for Sale

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Found 13 conventional restaurant listings for sale in Ann Arbor, MI, averaging $121/sq ft. Use valuation data to compare deals faster.
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Equipped Restaurant Business
Updated: May 26
Equipped Restaurant Business

1220 S University Avenue, Ann Arbor, MI 48104

$150,000
2,400 sqft 0.25 AC lot
Business‑only sale includes kitchen equipment, furniture, and fixtures
2,400 square feet with spacious kitchen and flexible floor plan
Located at 1220 S University Avenue near the University of Michigan campus
Surrounding area includes pedestrian movement, student activity, and downtown amenities
Brick construction with central air; built in 1986
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Vietnamese Restaurant with FF&E
Updated: Sep 2
Vietnamese Restaurant with FF&E

521 E Liberty St, Ann Arbor, MI 48104

$300,000
1,864 sqft
1,864 SF Vietnamese restaurant and bar
Furniture, fixtures, and equipment included
Liquor license available
Located on E. Liberty Street between S. State Street and Thompson Street
Steps from the University of Michigan campus
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NNN Restaurant Property
NNN Restaurant Property

3220 Packard Rd, Ann Arbor, MI 48108

$450,000
1,416 sqft 0.25 AC lot

The single-story building is leased through October 2029, with extension options.

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See hot listings in Ann Arbor

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Restaurant Business with Equipment
Restaurant Business with Equipment

1220 S University Avenue 110, Ann Arbor, MI 48104

$150,000
2,400 sqft

Kitchen fixtures, furnishings, and food-service equipment are included in this business-only offering.

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Three-Level Downtown Restaurant
Three-Level Downtown Restaurant

215 N Main St, Ann Arbor, MI 48104

Contact for pricing
9,672 sqft

Operating food-and-beverage venue with separate dining, bar, nightclub, event, and live-entertainment areas.

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

307 S Main St, 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

Contact for pricing
4,724 sqft

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

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Two-Story Storefront Property
Two-Story Storefront Property

709 N University Ave, Ann Arbor, MI 48105

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3,380 sqft

Two-story storefront property leased through January 31, 2027, with two deeded parking spaces at the rear.

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Restaurant Business with Commercial Kitchen
Restaurant Business with Commercial Kitchen

2541 Jackson Ave, Ann Arbor, MI 48103

$495,000

The sale includes furnishings, operating equipment, a liquor license, and an established team; real estate is excluded.

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96-Seat Conventional Restaurant
96-Seat Conventional Restaurant

251 E Liberty St, Ann Arbor, MI 48104

$400,000

Downtown corner restaurant with commercial kitchen, catering preparation space, and included furniture, fixtures, and equipment.

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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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Operating Indian Restaurant Business
Operating Indian Restaurant Business

217 S State St, Ann Arbor, MI 48104

Contact for pricing

Its operating setup features a commercial kitchen, buffet service, and a mix of booth and table seating.

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Restaurant at Signalized Intersection
Restaurant at Signalized Intersection

3953 Packard Street, Ann Arbor, MI 48108

Contact for pricing

Former quick-service restaurant at a hard corner on Interstate 94, within a dense retail corridor.

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13 active listings match your search: Restaurant for sale in Ann Arbor, MI. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

Restaurant Property with Hood
Restaurant Property with Hood

1004 W Michigan Avenue, Ypsilanti, MI 48197

$329,000
3,465 sqft 0.21 AC lot

Restaurant improvements include a ventilation hood, equipment, customer seating, restrooms, and rear parking.

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Retail Restaurant Space with Cooler
Retail Restaurant Space with Cooler

729 W Cross St, Ypsilanti, MI 48197

Contact for pricing
1,142 sqft

Restaurant-ready retail space with existing cooler and freezer, basement included, and street parking nearby.

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Downtown Retail Restaurant Building
Downtown Retail Restaurant Building

108 E. Grand River, Brighton, MI 48116

$1,950,000

Freestanding downtown building on Grand River with dedicated parking and municipal parking adjacent.

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Turnkey Restaurant with Expansion Potential
Turnkey Restaurant with Expansion Potential

5962 Meridian Blvd, Brighton, MI 48116

$1,100,000

Established frozen custard business with real estate in high-visibility location.

View details

Ann Arbor, MI Conventional Restaurants Market Trends and Statistics

Explore 13 conventional restaurants for sale in Ann Arbor, MI, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 30,859 square feet of properties for sale, with an estimated market value of $2,095,000.

Sale prices for conventional restaurants in Ann Arbor, MI start at $150,000, averaging $299,285, and reaching up to $495,000 — 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 20
Bars & Pubs 4
Coffee shops 4
Drive through restaurants 4
Commercial kitchens 2

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
48109 $150K
48104 $200K
48108 $450K
48103 $495K

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)

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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