Storefront Space Across From
For Lease
$60 SF/Yr
320 S State St, Ann Arbor, MI 48104
D1-zoned space at a signalized downtown intersection near University of Michigan activity.
Space Size4,253 SF
Days on Market119
Property Features for 320 S State St
General Information
Standard status
Active
Size
4,253 SF
Property subtype
Retail - Restaurant
Building Details
Building Size
4,253 SF
Stories
2
Spaces For Lease
at 320 S State St Contact us- Size
- 4,253 SF
- Type
- Restaurant
- Lease Type
- NNN
- Sublease
- No
Space Available $60/SF/Yr
Listing Agency:
Coldwell Banker Commercial Premier
Listed By:
James Iodice · License #MI6406043228
(248) 225-7180
Source:
Commercialcafe
Added: May 7
Changed: Sep 2
Last Checked: Sep 2 at 1:35PM
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 Coldwell Banker Commercial Premier
Investment Insights
Based on property information with market context.
This 4253-square-foot storefront property is located at 320 S. State Street in Ann Arbor and carries D1 zoning. The space sits at the intersection of S. State Street and University Avenue, with a signalized light nearby and a public park directly across the street. These conditions provide clear sightlines and exposure to pedestrian and vehicular movement.
The property is positioned within downtown Ann Arbor’s retail core and near University of Michigan activity. Its walkable setting supports consideration for restaurant or experiential retail uses, as identified in the property information. The surrounding context includes established downtown commercial activity and direct frontage along S. State Street.
The property is positioned within downtown Ann Arbor’s retail core and near University of Michigan activity. Its walkable setting supports consideration for restaurant or experiential retail uses, as identified in the property information. The surrounding context includes established downtown commercial activity and direct frontage along S. State Street.
Key Highlights
- 4253 SF storefront property with D1 zoning
- 320 S State St in downtown Ann Arbor
- At the intersection of S. State Street and University Avenue
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$9.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
6,343
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
Lease Benchmarks for Ann Arbor, MI
$31.83 /SF/Yr
Avg Asking Price
$24–$55 /SF/Yr
Price Range
5,223 SF
Avg Space Size
This space is priced 88% above the average of $31.83 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Tom Thompson Flowers — 504 s main st, ann arbor, mi 48104
- University Flower Shop — 7 Nickels Arcade, Ann Arbor, MI 48104
Frequently Asked Questions
What type of property is this?
Storefront property - D1-zoned space at a signalized downtown intersection near University of Michigan activity.
Where is this storefront property located?
The property is located at 320 S State St Ann Arbor, MI.
What is the lease rate?
The lease rate is $60 SF/Yr.
What are key features of this property?
This property features: 4253 SF storefront property with D1 zoning; 320 S State St in downtown Ann Arbor; At the intersection of S. State Street and University Avenue
