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Space Available For Lease 1
Space Available |
Jim Chaconas
Colliers |
Contacts
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Property Details
- Property Type Retail
- Date Updated Sep 24, 2026
This 7,392 SF restaurant opportunity includes 4,332 SF at street level and 3,060 SF on the lower level, leased together as a single space. Situated at the highly visible corner of Packard and State near the University of Michigan campus, the property features a full kitchen, substantial bar, and lower-level entertainment area. Surrounded by significant student housing growth and positioned directly across from the future Hub Ann Arbor development, this is a rare opportunity to secure a large-format restaurant location with street-level space at $20.00 PSF NNN and lower-level space at only $10.00 PSF gross.
Reach out to the broker for more info on lease terms and amenities
Getting around
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91/100
Walk Score ®
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70/100
Transit Score ®
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92/100
Bike Score ®
Location
- City Ann Arbor, MI
- Neighborhood Downtown Ann Arbor
- Zip Code 48104
- Market Detroit
Points of Interest
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Ann Arbor
1.18 miles
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Clark
0.46 miles
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Mobil
0.63 miles
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Circle K
0.90 miles
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Sunoco
0.92 miles
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BP
0.95 miles
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Speedway
1.67 miles
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Shell
1.83 miles
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Marathon
2.06 miles
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Enel
2.14 miles
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Tesla Supercharger
2.44 miles
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University of Michigan Lot S5
0.13 miles
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Service Center Lot S9
0.23 miles
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U-M Lot SC20 (Athletics Campus Grey Lot)
0.23 miles
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Hill Structure
0.24 miles
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U-M Lot SC37 (Revelli Hall)
0.24 miles
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U-M Lot SC9
0.25 miles
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UM Lot W9
0.32 miles
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U-M Lot SC14
0.33 miles
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Thompson Structure
0.36 miles
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U-M Lot SC3
0.36 miles
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Subway
0.01 miles
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Get Some Burritos
0.04 miles
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Domino's
0.04 miles
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Rod's Diner
0.05 miles
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BTB Burrito
0.05 miles
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Mister Spots
0.05 miles
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Baba Dari
0.06 miles
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Pizza Bob's
0.07 miles
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Jimmy John's
0.07 miles
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Sushi Town
0.10 miles
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Target
0.60 miles
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Kanbu Asian Mart
0.67 miles
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By The Pound
0.86 miles
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People's Food Co-op
0.89 miles
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Kerrytown Market
0.98 miles
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Busch's Fresh Food Market
1.30 miles
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Trader Joe's
1.67 miles
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Gordon Food Service
1.78 miles
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Whole Foods Market
1.79 miles
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Arbor Farms Market
1.82 miles
640 Packard St Listing Brief
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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.
640 Packard St is located in Downtown Ann Arbor, which is home to a total of 16 listing(s). The rent for retail space at 640 Packard St is available upon request. Feel free to reach out using the contact form conveniently included on this page to find out more about what the property can offer for your business.
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The property includes 4,332 square feet of retail space for lease. Of this total, 4,332 square feet are Retail.
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.
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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 23. The average household income here is $64,231 per year.
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