Restaurant with Event Space and Full
For Sale
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307 S Main St, Ann Arbor, MI 48104
Established Indian restaurant offering a full kitchen and a lower-level event space with a full bar for group dining and parties.
Property Size5,003 SF
Days on Market82
Property Features for 307 S Main St
General Information
Standard status
Active
Size
5,003 SF
Property subtype
Investment, Retail
Zoning
D1
Building Details
Building Size
5,003 SF
Listing Agency:
Colliers - Ann Arbor
Listed By:
James H. Chaconas
(734) 994-3100
Source:
Cpix.resimplifi
Added: Jun 22
Changed: Sep 8
Last Checked: Sep 10 at 5:17AM
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
Investment Insights
Based on property information with market context.
Shalimar Restaurant is an established Indian dining establishment with a full kitchen designed for active service, including two (2) cooking hoods and a walk-in cooler. The restaurant layout is described as versatile for daily operations and private events. An on-site elevator supports accessibility for guests, including for the dedicated lower-level event space.
The property is located at 307 S. Main Street in downtown Ann Arbor, positioned along a restaurant corridor with exposure to University of Michigan students and faculty, downtown office workers, residents, tourists, and event traffic. The remarks indicate steady, year-round demand tied to local nightlife and major community and campus activity, including major sporting events, graduation ceremonies, conferences, and the Ann Arbor Art Fair.
For operators or investors seeking a turn-key restaurant concept with an existing brand and more than 10 years of operation, the space is built to support both regular service and additional capacity for group dining. The presence of a full bar in the lower-level event area adds flexibility for private parties and special events, while the core kitchen and storage improvements support day-to-day functionality.
The property is located at 307 S. Main Street in downtown Ann Arbor, positioned along a restaurant corridor with exposure to University of Michigan students and faculty, downtown office workers, residents, tourists, and event traffic. The remarks indicate steady, year-round demand tied to local nightlife and major community and campus activity, including major sporting events, graduation ceremonies, conferences, and the Ann Arbor Art Fair.
For operators or investors seeking a turn-key restaurant concept with an existing brand and more than 10 years of operation, the space is built to support both regular service and additional capacity for group dining. The presence of a full bar in the lower-level event area adds flexibility for private parties and special events, while the core kitchen and storage improvements support day-to-day functionality.
Key Highlights
- Established Indian restaurant at 307 S. Main Street in downtown Ann Arbor
- North Indian, tandoori, and mughlai cuisines with steady, year‑round demand sources listed
- Full kitchen with two (2) hoods and a walk‑in cooler
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,510
Businesses Nearby
Under-served
Demand for This Use
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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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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Established Indian restaurant offering a full kitchen and a lower-level event space with a full bar for group dining and parties.
Where is this conventional restaurant located?
The property is located at 307 S Main St Ann Arbor, MI.
What are key features of this property?
This property features: Established Indian restaurant at 307 S. Main Street in downtown Ann Arbor; North Indian, tandoori, and mughlai cuisines with steady, year‑round demand sources listed; Full kitchen with two (2) hoods and a walk‑in cooler
