96-Seat Conventional
New
For Sale
$400,000
251 E Liberty St, Ann Arbor, MI 48104
Downtown corner restaurant with commercial kitchen, catering preparation space, and included furniture, fixtures, and equipment.
Property SizeContact for details
Days on Market4
Property Features for 251 E Liberty St
General Information
Standard status
Active
Total Parking Spaces
4
Property subtype
Retail
Zoning
D1
Restaurant
Seating Capacity
96
Equipment Included
Yes
Additional Details
Furnished
Yes
Business Included
Yes
Listing Agency:
Colliers - Ann Arbor
Listed By:
James H. Chaconas
(734) 994-3100
Source:
Cpix.resimplifi
Added: Sep 2
Changed: Sep 4
Last Checked: Sep 5 at 3:48AM
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 Colliers - Ann Arbor
Investment Insights
Based on property information with market context.
This established restaurant operation dates to 1978 and occupies a prominent corner at East Liberty Street and South Fifth Avenue in downtown Ann Arbor. The premises include a fully equipped commercial kitchen, dedicated storage, and a separate catering preparation area that supports both in-house dining and off-site catering. Seating is available for up to 96 patrons, with a rear employee entrance serving staff access, deliveries, and daily operations.
The sale includes the furniture, fixtures, and equipment associated with the restaurant. Four leased parking spaces add downtown convenience, while the corner setting provides exposure to pedestrian and vehicle traffic. The property carries D1 zoning and offers an existing restaurant configuration with operational support areas already in place.
The sale includes the furniture, fixtures, and equipment associated with the restaurant. Four leased parking spaces add downtown convenience, while the corner setting provides exposure to pedestrian and vehicle traffic. The property carries D1 zoning and offers an existing restaurant configuration with operational support areas already in place.
Key Highlights
- Established restaurant operation dating to 1978
- Seating capacity for up to 96 patrons
- Fully equipped commercial kitchen with dedicated storage
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
4,237
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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Downtown corner restaurant with commercial kitchen, catering preparation space, and included furniture, fixtures, and equipment.
Where is this conventional restaurant located?
The property is located at 251 E Liberty St Ann Arbor, MI.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Established restaurant operation dating to 1978; Seating capacity for up to 96 patrons; Fully equipped commercial kitchen with dedicated storage
