Restaurant Space with Lower-Level Entertainment
New
For Lease
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630-640 S State St, Ann Arbor, MI 48104
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 Market5
Property Features for 630-640 S State St
General Information
Standard status
Active
Size
4,332 SF
Net Rentable
7,392 SF
Property subtype
RETAIL
Lease Type
NNN
Space & Availability
Available Space
7,392 SF
Contiguous Space
7,392 SF
Floor
Ground + Lower Level
Space Use
Restaurant
Lease Terms
Monthly Rent
$9,770
Rent per SF/Year
$15.86
Spaces For Lease
at 630-640 S State St Contact us- Size
- 4,332 SF
- Type
- RETAIL
- Lease Type
- NNN
- Availability
- AVAILABLE
2nd Generation Restaurant $20/SF/Yr
This 7,392 SF restaurant opportunity includes 4,332 SF at street level and 3,060...
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Listing Agency:
Colliers - Ann Arbor
Listed By:
James H. Chaconas
(734) 994-3100
Source:
Moodyscre
Added: Sep 22
Changed: Sep 24
Last Checked: Sep 24 at 2:04PM
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 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
Questions? Ask Rey
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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
