Map of Property

316 S State St

316 S State St, Ann Arbor, MI 48104

  • For Lease $58.00/SF/YR
  • Property Type Retail - Restaurant
  • Property Size 5,508 SF
  • Lot Size 0.05 Acre
  • Year Built 1901
  • Date Updated Apr 24, 2025
316 S. State's stunning first floor restaurant space is located on one of Ann Arbor's most well-trafficked streets by both pedestrians and drivers. It sits directly across from the University of Michigan's central campus and is surrounded by several bustling restaurants and retail stores. This is a wonderful opportunity to lease restaurant space in the heart of one of Ann Arbor's busiest corridors. This move-in ready restaurant space with charming brick interior, has ample bar space, as well as plenty of floor space and booth seating. This space also includes upstairs offices, basement storage, along with two walk-in fridges. This is a fantastic opportunity for any restauranteur!316 S. State's stunning first floor restaurant space is located on one of Ann Arbor's most well-trafficked streets by both pedestrians and drivers. It sits directly across from the University of Michigan's central campus and is surrounded by several bustling restaurants and retail stores. This move-in ready restaurant space offers a charming brick interior, ample bar space, along with an open floor plan allowing for a combination of table and booth seating. This space allows includes second floor office space along with basement storage, including two walk-in fridges and additional restrooms. This is a wonderful opportunity to lease restaurant space in the heart of one of Ann Arbor's busiest corridors!
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Move-in ready restaurant opportunity
  • Unbeatable downtown Ann Arbor location directly across from University of Michigan's central campus
  • Beautiful brick building with lots of charm and character
  • Adjacent to the landmark, iconic Nickels Arcade building
  • Surrounded by popular restaurants and retails shops
  • Streamlined leasing experience for convenience and ease
  • Locally owned and professionally managed
  • 24/7 on-call emergency maintenance

Spaces Available

Contacts

broker
Brad Fenkell

Oxford Companies

Location

Getting Around

  • Walk Score ®

    97/100 Walker's Paradise

  • Transit Score ®

    79/100 Excellent Transit

  • Bike Score ®

    83/100 Very Bikeable
Powered by Walk Score ®
  • City Ann Arbor, MI
  • Neighborhood Downtown Ann Arbor
  • Zip Code 48104
  • Market Detroit

Points of Interest

  • Ann Arbor

    0.63 miles

  • Mobil

    0.41 miles

  • BP

    0.49 miles

  • Clark

    0.52 miles

  • Circle K

    1.38 miles

  • Sunoco

    1.39 miles

  • Shell

    1.64 miles

  • Speedway

    1.76 miles

  • Marathon

    1.99 miles

  • Enel

    2.07 miles

  • ChargePoint

    2.63 miles

  • Maynard Parking Structure

    0.06 miles

  • U-M Lot C2

    0.09 miles

  • Thayer Street Parking Structure

    0.09 miles

  • Liberty Square

    0.11 miles

  • U-M Lot W13

    0.14 miles

  • South Fifth Ave parking lot

    0.20 miles

  • Thompson Structure

    0.26 miles

  • Post Office Parking

    0.27 miles

  • Fletcher Structure

    0.27 miles

  • Service Center Lot S9

    0.32 miles

  • Red Hawk Bar and Grill

    0.01 miles

  • Poke Poke

    0.01 miles

  • Noodles & Company

    0.01 miles

  • Sweetgreen

    0.02 miles

  • Potbelly's Sandwich Shop

    0.03 miles

  • Bruegger's Bagels

    0.04 miles

  • Chipotle

    0.04 miles

  • Slurping Turtle

    0.05 miles

  • Qmin

    0.05 miles

  • Mama Satto

    0.05 miles

  • Target

    0.06 miles

  • Kanbu Asian Mart

    0.28 miles

  • People's Food Co-op

    0.42 miles

  • Kerrytown Market

    0.47 miles

  • By The Pound

    1.41 miles

  • Gordon Food Service

    1.79 miles

  • Busch's Fresh Food Market

    1.81 miles

  • Arbor Farms Market

    1.87 miles

  • ALDI

    1.99 miles

  • Trader Joe's

    2.01 miles

Frequently Asked Questions

How much does retail space at 316 S State St cost?

The asking price for retail space at 316 S State St is $58.00/SF/YR. Pricing of commercial spaces is largely dependent on things like location — especially proximity to areas that can be easily reached by car or public transit or enjoy high foot traffic — the overall size, features and condition of the space, and the lease structure. Safety and security in the area can also play an important role in choosing the most suitable retail space for a business.

What kind of retail space can I rent at 316 S State St?

The property has 5,508 square feet of rentable Retail space. Rental opportunities here are available under NNN lease terms.

Use the contact form at the top of this page to schedule a tour of the property with a broker and get further details on this listing.

How many parking spots are available at 316 S State St?

Reach out to the listing broker for more information on vehicle access and parking options at or near this property, as well as additional amenities that complement the retail experience at 316 S State St. You can find 10 parking option(s) and 2 fuel station(s) within a 0.5-mile radius.

Are there any potentially competing retail businesses in the area?

No, there are no spaces zoned for retail activities within a 0.5-mile radius around 316 S State St.

Is 316 S State St located in a popular area for retail businesses?

The property is part of Downtown Ann Arbor, which is home to 10 other retail listings.

Other popular areas for retail businesses in Detroit include Downtown Ann Arbor, Montibeller Park, Broadway Area.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Brad Fenkell

Oxford Companies

  1. 1Main information
  2. 2Extra information
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.