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Restaurant Business with Commercial Kitchen
New
For Sale
$495,000

2541 Jackson Ave, Ann Arbor, MI 48103

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

Property SizeContact for details
Days on Market3

Property Features for 2541 Jackson Ave

General Information

Standard status Active
Property subtype Retail
Zoning TC1

Restaurant

Seating Capacity 181
Equipment Included Yes
Liquor License Yes

Additional Details

Furnished Yes
Business Included Yes
Highway Access Yes
Listing Agency: Colliers - Ann Arbor
Listed By: James H. Chaconas
Source: Cpix.resimplifi
Added: Oct 13 Changed: Oct 15 Last Checked: Oct 15 at 2:17AM

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 Colliers - Ann Arbor

Rey
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Investment Insights

Based on property information with market context.

This restaurant business occupies 5,500 SF in Westgate Shopping Center in Ann Arbor and has served vegetarian cuisine since 1970. The dining facility accommodates up to 181 guests and includes a commercial kitchen. Furniture, fixtures, equipment, the liquor license, and experienced staff are included in the sale; the real estate is not part of the transaction.

The property is near Jackson Avenue, Maple Road, West Stadium Boulevard, I-94, and Downtown Ann Arbor. Any occupancy after the seller’s current lease ends requires a separate agreement with the landlord.

Key Highlights

  • 5,500 SF restaurant facility with seating capacity for up to 181 guests
  • Operating vegetarian restaurant business established in 1970
  • Commercial kitchen, furniture, fixtures, and equipment included

Property Analytics

Current Use

Seva Ann Arbor Restaurant

Suggested Use

Top Pick Law Firm Restaurant Building Supply Big Box & Wholesale Store Real Estate Agency Dental Office

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
Yes
Highway access
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

947
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48103, MI

55,605
Population
25,511
Households
2.2
Avg Household Size
40
Median Age
75%
College-Educated
97%
High-School Grad
66.5 sq mi
ZIP Area
836
Density / Sq Mi
$115,513
Median Household Income
$65,698
Median Earnings
$1,760
Median Rent
$455,100
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The sale includes furnishings, operating equipment, a liquor license, and an established team; real estate is excluded.
Where is this conventional restaurant located?
The property is located at 2541 Jackson Ave Ann Arbor, MI.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 5,500 SF restaurant facility with seating capacity for up to 181 guests; Operating vegetarian restaurant business established in 1970; Commercial kitchen, furniture, fixtures, and equipment included
More about this property
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