205 South State Street

205 South State Street, Ann Arbor, MI 48104

Property Information

  • For Lease $45.00/SF/YR
  • Property Type Retail - Street Retail
  • Property Size 54,432 SF
  • Year Built 2003
  • Date Updated May 12, 2026

Description

Located at the highly visible corner of State Street and Washington, this premier first-floor retail opportunity offers 7,638 SF of fully built-out space in the heart of Downtown Ann Arbor’s most active pedestrian corridor. Formerly occupied by Buffalo Wild Wings, the site benefits from a proven restaurant infrastructure and a highly recognizable presence in one of the city’s strongest retail and entertainment nodes.Located at 205 S State St in the heart of Downtown Ann Arbor, this rare first-floor retail opportunity offers 7,638 SF of premier street-level space in one of Michigan’s most dynamic urban submarkets. Previously occupied by Buffalo Wild Wings, the space is now available for lease for the first time since the building’s construction in 2004, presenting a unique chance to secure a fully built-out restaurant location with strong legacy infrastructure in place. Positioned along the highly active State Street corridor, the property benefits from exceptional visibility and continuous pedestrian traffic driven by its direct proximity to the University of Michigan’s Central Campus, as well as surrounding national retailers, bars, restaurants, and student housing. The immediate area serves as a primary connector between campus and downtown Ann Arbor, generating consistent foot traffic throughout the day and into the evening. The site boasts an outstanding Walk Score (Walker’s Paradise), reflecting its true pedestrian-oriented environment where daily needs, entertainment, and dining are all within walking distance. This level of walkability supports strong daytime and nighttime population density, making it one of the most sought-after retail corridors in the Midwest. The space features prominent frontage, excellent street exposure, and a flexible open layout well-suited for restaurant, bar, experiential retail, or service-oriented concepts. Existing infrastructure from its prior restaurant use provides significant value for operators looking to minimize buildout costs and accelerate opening timelines.

Highlights

  • 7,638 SF first-floor retail space located at 205 S State St in the heart of Downtown Ann Arbor
  • Exceptional pedestrian environment with a “Walker’s Paradise” Walk Score, driven by constant student and downtown foot traffic
  • First time available on market since original building construction in 2004
  • Former Buffalo Wild Wings — fully built-out restaurant space with existing infrastructure in place
  • Ideal for restaurant, bar, experiential retail, or service-oriented concepts seeking a flagship downtown presence
  • Positioned on the highly trafficked State Street corridor, directly connecting the University of Michigan campus to downtown
  • Surrounded by dense student housing, national retailers, and a strong mix of restaurants, bars, and entertainment uses

1 Space Available

205 S State St

Space Type

Restaurant

Lease Rate

$45.00/SF/YR

Total Space

7,638 SF

Floor

1st

Divisible Space

7,638 - 7,638 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Contacts

Jake Wiseman

NAI Farbman

Location

Located at 205 South State Street, Ann Arbor, MI 48104, this property is part of the Downtown Ann Arbor neighborhood and Detroit market.

Contact Listing Broker
Jake Wiseman

NAI Farbman

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