Established Cheesesteak
For Sale
Contact for pricing
808 S State St, Ann Arbor, MI 48104
Restaurant business serving Philly cheesesteaks, chicken wings, and waffle fries near the University of Michigan’s Central Campus.
Property SizeContact for details
Days on Market143
Property Features for 808 S State St
General Information
Standard status
Active
Property subtype
Business for Sale
Additional Details
Business Included
Yes
Listing Agency:
Colliers - Ann Arbor, Michigan
(734) 994-3100
Listed By:
Jim Chaconas · License #MI 6502358011
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 11:53PM
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, Michigan
Investment Insights
Based on property information with market context.
Mr. Spots is an established conventional restaurant business centered on Philly cheesesteaks, chicken wings, and waffle fries. The operation has been in place for more than 37 years and is supported by stable management and an existing community presence. The offering includes the Mr. Spots name and its established menu concept.
The business operates at 808 S. State St. in Ann Arbor, near the University of Michigan’s Central Campus and downtown Ann Arbor. A new residence complex and additional high-rise buildings are identified as upcoming nearby developments. The property information also notes opportunities for minor upgrades and more active social media engagement as potential ways to build on the existing operation.
The business operates at 808 S. State St. in Ann Arbor, near the University of Michigan’s Central Campus and downtown Ann Arbor. A new residence complex and additional high-rise buildings are identified as upcoming nearby developments. The property information also notes opportunities for minor upgrades and more active social media engagement as potential ways to build on the existing operation.
Key Highlights
- Restaurant business operating for more than 37 years
- Known menu includes Philly cheesesteaks, chicken wings, and waffle fries
- Located at 808 S. State St., Ann Arbor, MI 48104
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
2,772
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 - Restaurant business serving Philly cheesesteaks, chicken wings, and waffle fries near the University of Michigan’s Central Campus.
Where is this conventional restaurant located?
The property is located at 808 S State St Ann Arbor, MI.
What are key features of this property?
This property features: Restaurant business operating for more than 37 years; Known menu includes Philly cheesesteaks, chicken wings, and waffle fries; Located at 808 S. State St., Ann Arbor, MI 48104
