Restaurant Space with Lower-Level Entertainment
630-640 S State St, Ann Arbor, MI 48104
For Lease
Contact for pricing
A full kitchen, substantial bar, and separate lower-level entertainment area define the multi-level layout.
Space Size4,332 SF
Property Size7,392 SF
Days on Market50
Property Features for 630-640 S State St
General Information
Standard status
Size
Net Rentable
Property subtype
Lease Type
Space & Availability
Available Space
Contiguous Space
Floor
Space Use
Lease Terms
Monthly Rent
Rent per SF/Year
Site & Location
Neighborhood
Spaces For Lease
at 630-640 S State St
2nd Generation Restaurant
$20/SF/Yr
Size
4,332 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE
This 7,392 SF restaurant opportunity includes 4,332 SF at street level and 3,060 SF on the lower level, leased together as a single space. Situated at the highly visible corner of Packard and State near the University of Michigan campus, the property features a full kitchen, substantial bar, and lower-level entertainment area. Surrounded by significant student housing growth and positioned directly across from the future Hub Ann Arbor development, this is a rare opportunity to secure a large-format restaurant location with street-level space at $20.00 PSF NNN and lower-level space at only $10.00 PSF gross.
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Listing Agency:
Colliers - Ann Arbor
Listed By:
James H. Chaconas
(734) 994-3100
Source:
Moodyscre
Added: Sep 22
Changed: Nov 4
Last Checked: Nov 8 at 7:40AM
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
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Investment Insights
Based on property information with market context.
This restaurant space totals 7,392 SF across two levels, offered together as one premises. The 4,332 SF street-level floor is complemented by 3,060 SF below grade. A full kitchen and substantial bar serve the restaurant, with additional entertainment space on the lower level.
The property occupies the corner of Packard and State, near the University of Michigan campus. Student housing development in the surrounding area and the future Hub Ann Arbor project directly across the street provide nearby context.
The property occupies the corner of Packard and State, near the University of Michigan campus. Student housing development in the surrounding area and the future Hub Ann Arbor project directly across the street provide nearby context.
Key Highlights
- 7,392 SF across two levels, leased as one space
- 4,332 SF at street level and 3,060 SF on the lower level
- Full kitchen and substantial bar
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.38 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,802
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
Frequently Asked Questions
What type of property is this?
Conventional restaurant - A full kitchen, substantial bar, and separate lower-level entertainment area define the multi-level layout.
Where is this conventional restaurant located?
The property is located at 630-640 S State St Ann Arbor, MI.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: 7,392 SF across two levels, leased as one space; 4,332 SF at street level and 3,060 SF on the lower level; Full kitchen and substantial bar
