316 S State St

For Lease

316 S State St, Ann Arbor, MI 48104

You can currently find 1 retail space(s) available for lease at 316 S State St. Designated use type for space listed here includes retail. Current retail listings at this property total 5,508 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at 316 S State St.

Space Available For Lease 1

Contacts

broker
Brad Fenkell

Oxford Companies

Property Details

  • Property Type Retail - Restaurant
  • Property Size 5,508 SF
  • Lot Size 0.05 Acre
  • Year Built 1901
  • Date Updated Apr 23, 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!
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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

Getting around

  • 97/100

    Walk Score ®

  • 79/100

    Transit Score ®

  • 83/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

316 S State St Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    316 S State St is located in Downtown Ann Arbor, which is home to a total of 10 listing(s). Retail space at 316 S State St asks $58.00/SF/YR per square foot.

  • The property includes 5,508 square feet of retail space for lease. Of this total, 5,508 square feet are Retail.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in Downtown Ann Arbor is 22. The average household income here is $79,039 per year.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Brad Fenkell

Oxford Companies

  1. 1Main information
  2. 2Extra information
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