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33735758
33735715

307 South Main Street, Ann Arbor, MI 48104

JC
MI 6502358011
Colliers - Ann Arbor, Michigan
Listed by Colliers - Ann Arbor, Michigan
$1,000,000
0 days on market
Updated 0 days ago

Shalimar Restaurant For Sale

Details
Property Type Business for Sale
Sub Type Business Only
Square Footage 5,003
Investment Type Owner/User
Ground Lease No

About This Property

Marketing description

Shalimar Restaurant, located at 307 S. Main Street in downtown Ann Arbor, is a well-established Indian dining establishment, known for its North Indian, Tandoori, and Mughlai cuisines. Positioned along Ann Arbor's premier restaurant corridor, the business benefits from exceptional exposure to University of Michigan students and faculty, downtown office workers, residents, tourists, and events. The location benefits from steady, year-round demand driven by local nightlife, major sporting events, graduation ceremonies, conferences, and the renowned Ann Arbor Art Fair—creating a diverse and dependable customer base.

The restaurant features a full kitchen with two (2) hoods, walk-in cooler, versatile layout that supports both daily operations and private events. A dedicated lower-level event space with a full bar provides additional revenue opportunities through group dining, private parties, and special events. An on-site elevator ensures accessibility for all guests.

With an established brand, loyal customer base, high-traffic location, and proven restaurant history, Shalimar offers investors or restaurant operators rare opportunity to acquire a stabilized, income-producing restaurant in Ann Arbor’s most desirable restaurant location. The name already attracts seasoned locals and frequent visitors as it's an Ann Arbor staple from over 10 years of successful operation.

Investment highlights

  • ± 2,630 SF Main Level / ± 2,373 SF Lower Level
  • Well Established Indian Cuisine
  • Full Kitchen with 2 Hoods, Walk-In Cooler and Standalone Freezer with Kitchen on Main and Lower Levels
  • Prime Main Street Location, Surrounded by Established Restaurants, Retail, and Businesses with Nearby Residential Neighborhoods and Student Housing, and Adjacent from The Ark – Concert Venue
  • Additional Information Available Upon Signed Confidentiality Agreement
  • Sale Includes Business Entity, Liquor Licenses, and Fixtures, Furniture, and Equipment

Listing Contacts

JC
MI 6502358011
Colliers - Ann Arbor, Michigan
Listed by Colliers - Ann Arbor, Michigan

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Zoning

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D1 MixedMixed UseDowntown Core
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Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics

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