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    Ann Arbor, MI
    Restaurants

    Ann Arbor, MI Restaurants for Sale

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    12 properties
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    Equipped Restaurant Business
    Updated: May 26
    Equipped Restaurant Business

    1220 S University Avenue, Ann Arbor, MI 48104

    $150,000
    2,400 sqft 0.25 AC lot
    Business‑only sale includes kitchen equipment, furniture, and fixtures
    2,400 square feet with spacious kitchen and flexible floor plan
    Located at 1220 S University Avenue near the University of Michigan campus
    Surrounding area includes pedestrian movement, student activity, and downtown amenities
    Brick construction with central air; built in 1986
    View details
    Vietnamese Restaurant with FF&E
    Updated: Sep 2
    Vietnamese Restaurant with FF&E

    521 E Liberty St, Ann Arbor, MI 48104

    $300,000
    1,864 sqft
    1,864 SF Vietnamese restaurant and bar
    Furniture, fixtures, and equipment included
    Liquor license available
    Located on E. Liberty Street between S. State Street and Thompson Street
    Steps from the University of Michigan campus
    View details
    Downtown Taproom with Production
    Downtown Taproom with Production

    100 S 4th Ave, Ann Arbor, MI 48104

    $425,000
    2,900 sqft

    Fully furnished 2,900sf taproom with dedicated production areas, patio, and extensive on-site brewing equipment.

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    Three-Level Downtown Restaurant
    Three-Level Downtown Restaurant

    215 N Main St, Ann Arbor, MI 48104

    Contact for pricing
    9,672 sqft

    Operating food-and-beverage venue with separate dining, bar, nightclub, event, and live-entertainment areas.

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    Restaurant with Event Space and Full Bar
    Restaurant with Event Space and Full Bar

    307 S Main St, Ann Arbor, MI 48104

    Contact for pricing
    5,003 sqft

    Established Indian restaurant offering a full kitchen and a lower-level event space with a full bar for group dining and parties.

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    Freestanding Restaurant with Drive-Through
    Freestanding Restaurant with Drive-Through

    5340 Jackson Rd, Ann Arbor, MI 48103

    Contact for pricing
    4,724 sqft

    4,724 SF restaurant with drive-through, excellent visibility, ample parking.

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    Two-Story Campus Investment Property
    Two-Story Campus Investment Property

    709 N University Ave, Ann Arbor, MI 48105

    Contact for pricing
    3,380 sqft

    3,380 SF property near University of Michigan's Central Campus.

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    Two-Story Storefront Property
    Two-Story Storefront Property

    709 N University Ave, Ann Arbor, MI 48105

    Contact for pricing
    3,380 sqft

    Two-story storefront property leased through January 31, 2027, with two deeded parking spaces at the rear.

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    96-Seat Conventional Restaurant
    96-Seat Conventional Restaurant

    251 E Liberty St, Ann Arbor, MI 48104

    $400,000

    Downtown corner restaurant with commercial kitchen, catering preparation space, and included furniture, fixtures, and equipment.

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    Rawaq Cafe with Patio Seating
    Rawaq Cafe with Patio Seating

    2891 Jackson Avenue, Ann Arbor, MI 48103

    $259,900

    The cafe business is offered separately; the real estate is not included in the sale.

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    Arbor Hills Retail Opportunity
    Arbor Hills Retail Opportunity

    3010 Washtenaw Avenue |, Ann Arbor, MI 48104

    Contact for pricing
    86 sqft

    Retail space available in a premier Ann Arbor shopping destination.

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    Turnkey Asian Restaurant Opportunity
    Turnkey Asian Restaurant Opportunity

    110-1220 S University Ave, Ann Arbor, MI 48109

    $150,000

    Business-only sale includes kitchen equipment, furniture, and fixtures in a ready-to-operate restaurant space on S. University Ave.

    View details
    Based on your search, we've compiled 53 Potential Opportunities for your consideration. Besides 12 Active listings in Ann Arbor, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 33 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two-Suite Strip Mall with Kitchen
    Two-Suite Strip Mall with Kitchen

    731733 731 & 733 W Michigan Ave, Saline, MI 48176

    $750,000
    6,635 sqft

    Flexible retail property with restaurant infrastructure, rear loading access, and substantial storage capacity.

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    Retail Storefront with Commercial Kitchen
    Retail Storefront with Commercial Kitchen

    731 W Michigan Ave, Saline, MI 48176

    $750,000
    6,635 sqft

    C-3 property includes additional retail, kitchen, and storage areas.

    View details
    Retail Restaurant Space with Cooler
    Retail Restaurant Space with Cooler

    729 W Cross St, Ypsilanti, MI 48197

    Contact for pricing
    1,142 sqft

    Restaurant-ready retail space with existing cooler and freezer, basement included, and street parking nearby.

    View details
    Ypsilanti Retail Space Near EMU
    Ypsilanti Retail Space Near EMU

    711 W Cross St, Ypsilanti, MI 48197

    Contact for pricing

    Retail or restaurant space near Eastern Michigan University.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Commercial Land on Jackson
    Prime Commercial Land on Jackson

    6400 Jackson Road, Ann Arbor, MI 48103

    $900,000
    4.00 AC lot

    High-visibility commercial development opportunity in Ann Arbor's Jackson Road corridor.

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    Commercial Land with Corridor Visibility
    Commercial Land with Corridor Visibility

    Arkona Road, Milan, MI 48160

    $1,900,000
    18.53 AC lot

    PUD-zoned commercial land with visibility from US 23 and public water service.

    View details
    Commercial Land with Highway Access
    Commercial Land with Highway Access

    10467 Willis Road, Augusta Twp, MI 48191

    $99,900
    5.23 AC lot

    Commercially zoned vacant land with public water and access to multiple regional highways.

    View details
    Land
    Land

    10467 Willis Road, Willis, MI 48191

    $99,900
    5.23 AC lot

    Commercial land · 5.23 Acres

    View details

    Off-Market Properties in Ann Arbor, MI

    Consider similar Off-Market properties in Ann Arbor, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    4910 Washtenaw Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    4910 Washtenaw Ave, Ann Arbor, MI 48108-1414

    Estimated value:
    $250,000
    1,760 sqft 0.28 AC lot
    View details
    4905 Washtenaw Ave
    RESTAURANT

    4905 Washtenaw Ave, Ann Arbor, MI 48108-1413

    Estimated value:
    $1,145,000
    4,281 sqft 1.20 AC lot
    View details
    3015 Lohr Rd
    RESTAURANT

    3015 Lohr Rd, Ann Arbor, MI 48108-9586

    Estimated value:
    $570,000
    6,988 sqft 1.71 AC lot
    View details
    3752 State Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    3752 State Rd, Ann Arbor, MI 48108-1661

    Estimated value:
    $535,000
    4,462 sqft 1.54 AC lot
    View details
    2222 Hogback Rd
    RESTAURANT

    2222 Hogback Rd, Ann Arbor, MI 48105-9732

    Estimated value:
    $500,000
    4,240 sqft 0.52 AC lot
    View details
    4885 Washtenaw Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    4885 Washtenaw Ave, Ann Arbor, MI 48108-3437

    Estimated value:
    $425,000
    3,494 sqft 0.63 AC lot
    View details
    3860 State Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    3860 State Rd, Ann Arbor, MI 48108-1661

    Estimated value:
    $455,000
    2,230 sqft 0.83 AC lot
    View details
    4040 Washtenaw Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    4040 Washtenaw Ave, Ann Arbor, MI 48108-1002

    Estimated value:
    $1,130,000
    3,025 sqft 0.67 AC lot
    View details
    2910 Carpenter Rd
    RESTAURANT

    2910 Carpenter Rd, Ann Arbor, MI 48108-1130

    Estimated value:
    $605,000
    4,752 sqft 1.09 AC lot
    View details
    3030 Lohr Cir
    RESTAURANT

    3030 Lohr Cir, Ann Arbor, MI 48108-5914

    Estimated value:
    $400,000
    3,995 sqft 0.68 AC lot
    View details
    4855 Washtenaw Ave
    RESTAURANT

    4855 Washtenaw Ave, Ann Arbor, MI 48108-3437

    Estimated value:
    $760,000
    6,045 sqft 1.77 AC lot
    View details
    2420 Carpenter Rd
    RESTAURANT

    2420 Carpenter Rd, Ann Arbor, MI 48108-1104

    Estimated value:
    $560,000
    7,176 sqft 1.68 AC lot
    View details

    Ann Arbor, MI Restaurants Market Trends and Statistics

    Explore 45 restaurants for sale in Ann Arbor, MI, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 33,409 square feet of properties for sale, with an estimated market value of $1,684,900.

    Sale prices for restaurant properties in Ann Arbor, MI start at $150,000, averaging $280,816, and reaching up to $425,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 14
    Bars & Pubs 4
    Drive through restaurants 4
    Coffee shops 2
    Commercial kitchens 2

    Demographics Overview

    Population 169K
    Population Growth (5Y) +2.0%
    Median Household Income $90,855
    College Educated 70.9%

    High-Yield Neighborhoods for Investment

    Identify Ann Arbor submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48109 $150K
    48104 $255K

    Taxes & Financing

    Tax Rate (average for all types) 4.58%
    Property Tax per SF $58.28 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Washtenaw County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Ann Arbor fall within the 50,000 to 100,000 square foot range.

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