Operating Indian Restaurant
217 S State St, Ann Arbor, MI 48104
For Sale
Contact for pricing
Its operating setup features a commercial kitchen, buffet service, and a mix of booth and table seating.
Property SizeContact for details
Days on Market27
Property Features for 217 S State St
General Information
Standard status
Property subtype
Site & Location
Neighborhood
Additional Details
Business Included
Currently Operating
Listing Agency:
365 Commercial Realty
Listed By:
Noor Kalasho · License MI #6505433879
(248) 801-9499
Source:
Crexi
Added: Oct 15
Changed: Nov 8
Last Checked: Nov 10 at 7:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 365 Commercial Realty
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Investment Insights
Based on property information with market context.
The restaurant business occupies a 2,922 SF space configured for dining and food service. The premises include a commercial kitchen, a buffet line, and both booth and table seating. The restaurant has operated since 2009. The sale covers the business only; the real estate is excluded.
The restaurant is at 217 S State St in Ann Arbor’s State Street district, near the University of Michigan’s Central Campus. Target and the State Theatre are identified as neighboring businesses and venues, and the property is situated along a pedestrian corridor.
The restaurant is at 217 S State St in Ann Arbor’s State Street district, near the University of Michigan’s Central Campus. Target and the State Theatre are identified as neighboring businesses and venues, and the property is situated along a pedestrian corridor.
Key Highlights
- Operating restaurant business established in 2009
- 2,922 SF space with commercial kitchen and buffet line
- Dining area includes booths and tables
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
4,417
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
$481,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Conventional restaurants in Washtenaw County, MI
Properties on Market for Conventional restaurants in Washtenaw County
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Its operating setup features a commercial kitchen, buffet service, and a mix of booth and table seating.
Where is this conventional restaurant located?
The property is located at 217 S State St Ann Arbor, MI.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Operating restaurant business established in 2009; 2,922 SF space with commercial kitchen and buffet line; Dining area includes booths and tables
