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Equipped Restaurant Business
For Sale
$150,000

1220 S University Avenue, Ann Arbor, MI 48104

Commercial Sale, Ann Arbor, MI

Property Size2,400 SF
Lot Size0.25 Acres
Price / SF$62.50
Days on Market136

Property Features for 1220 S University Avenue

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1
Interior features Broadband
Elementary school district Ann Arbor
Middle school district Ann Arbor
High school district Ann Arbor
Standard status Active
APN 09-90-00-081-505
Size 2,400 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Description --

Utilities

Utilities Cable Available
Cooling system Central Air

Building Details

Year built 1986
Number of units 1
Building materials Brick
Listing Agency: Berkshire Hathaway Snyder & Co · Berkshire Hathaway HomeServices
Listed By: Katie Choi
Added: May 26 Changed: Sep 12 Last Checked: Oct 8 at 5:06AM
MLS# 26024722

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This business-only offering includes an operating restaurant setup with kitchen equipment, furniture, and fixtures. The 2,400-square-foot space includes a spacious kitchen, designed interior, flexible floor plan, and two bathrooms. Brick construction, central air, broadband, and cable availability are also documented, with the building constructed in 1986.

The restaurant is located at 1220 S University Avenue in Ann Arbor, near the University of Michigan campus. The surrounding area includes student activity, pedestrian movement, and downtown amenities. The site encompasses 0.25 acres, and the address is within ZIP Code 48104.

Key Highlights

  • 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

Property Analytics

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Current Use

aUM Yoga Gym & Fitness Center Polarity Fitness Training Center Quickly Boba Cafe ... Cafe & Coffee Shop Peach Lab Ann ... Gym & Fitness Center The Princeton Review Tutoring Service

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nail Salon Kitchen & Bath Showroom Acupuncture Plumbing Service HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

2,444
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48104, MI

41,588
Population
19,173
Households
2.2
Avg Household Size
27
Median Age
82%
College-Educated
98%
High-School Grad
7.8 sq mi
ZIP Area
5,332
Density / Sq Mi
$63,341
Median Household Income
$16,073
Median Earnings
$1,548
Median Rent
$481,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant business sale with kitchen equipment, furnishings, fixtures, and an adaptable interior layout.
Where is this conventional restaurant located?
The property is located at 1220 S University Avenue Ann Arbor, MI.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 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
More about this property
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