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Mixed-Use Retail and Apartment
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812 S State St, Ann Arbor, MI 48104

Fully occupied mixed-use building with retail, a planned restaurant space, and a student apartment.

Property Size2,545 SF
Price / SF$764.24
Days on Market273

Property Features for 812 S State St

General Information

Standard status Active
Size 2,545 SF
Property subtype RETAIL
Zoning C1A
Occupancy 100%

Additional Details

Multifamily Units 1

Building Details

Tenancy Multi
Listing Agency: Colliers - Ann Arbor
Listed By: James H. Chaconas
Source: Moodyscre
Added: Dec 9, 2025 Changed: Aug 12 Last Checked: Jul 22 at 5:22AM

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.

Fully occupied mixed-use property offering a blend of retail, restaurant space, and residential tenancy. The building includes a 595 SF retail suite, an 825 SF space slated for a forthcoming restaurant, and a 1,125 SF student apartment, creating diversified income through multiple on-site uses.

The property is located in a campus-area setting in Ann Arbor, with proximity to the University of Michigan’s Central Campus and The Big House, and is surrounded by student housing and multi-family development.

Zoned C1A—Campus Business District—the site supports a range of neighborhood commercial uses and allows for residential development, with additional information available upon execution of a Confidentiality Agreement.

Key Highlights

  • Fully occupied 2,545 SF mixed‑use property with retail, a planned restaurant tenant space, and a student apartment
  • Includes a 595 SF retail suite
  • Offers an 825 SF space slated for a forthcoming restaurant

Property Analytics

Current Use

Moon Cafe Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Plumbing Service Electrical Service Kitchen & Bath Showroom Daycare Center Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,772
Businesses Nearby

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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully occupied mixed-use building with retail, a planned restaurant space, and a student apartment.
Where is this mixed-use property located?
The property is located at 812 S State St Ann Arbor, MI.
What is the asking price?
The asking price for this property is $1,945,000.
What are key features of this property?
This property features: Fully occupied 2,545 SF mixed‑use property with retail, a planned restaurant tenant space, and a student apartment; Includes a 595 SF retail suite; Offers an 825 SF space slated for a forthcoming restaurant
(734) 994-3100 Call to check price and availability
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