3411 WASHTENAW AVE Ann Arbor MI 48104-4205

Do not miss this rare opportunity to own an established restaurant on high-traffic Washtenaw Avenue in Ann Arbor. Listing is for the real estate and business combined. The business may be purchased separately for $900,000 and lease terms are to be negotiated.

Ideally located on Washtenaw Avenue, a busy thoroughfare just minutes to US 23, and surrounded by established neighborhoods, businesses, and retail, including Arborland Mall, Chalmers Place Shopping Mall, and Arbor Hill Shopping Center, and within minutes to downtown Ann Arbor, Michigan Medical, the University of Michigan, Eastern Michigan University, and surrounding communities.

Paesano’s Restaurant & Wine Bar, a seasonal Italian restaurant, was established in 1984 and is the receiver of numerous national and international awards. Locally owned and managed, this property has been continuously updated and maintained since its conception. It boasts a smart open floor plan with flexible seating options, a terrific bar, a private wine room, an inviting main dining room, and a cozy banquet room with additional space available on the Italian-inspired patio for another 20 guests.

The property offers tons of frontage on Washtenaw Ave, prominent signage, loads of outdoor seating, plenty of on-site parking (on 2 parcels), and access off Washtenaw Ave. and Chalmers Drive.