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    Canton, MI
    Conventional Restaurant

    Canton, MI Conventional Restaurants for Sale

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    Wayne, MI Romulus, MI Huron Twp, MI
    Bakery Ready for New Owner
    Updated: Jun 6, 2024
    Bakery Ready for New Owner

    844 N WAYNE Road, Westland, MI 48185

    $425,000
    2,718 sqft · 0.26 AC lot
    Prime location in a high‑density residential area with main road exposure.
    Equipped kitchen with a hood.
    Newly repaved parking lot.
    High ceilings throughout the property.
    Monument signage.
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    This listing looks promising.

    Here's a quick look at some key insights for

    844 N WAYNE Road, Westland City, MI 48185

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    • Est. Cap Rate

      8.3%
      Above avg (5.9%)

    • Est. NOI

      $35K
      Annual

    • Price @ 7% Cap

      $503K
      Above asking

    • Property Type

      Retail Stores
      Built 1991
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    Turnkey Restaurant Opportunity in Canton
    Updated: Mar 10
    Turnkey Restaurant Opportunity in Canton

    41275 Ford Rd, Canton, MI 48187

    $2,100,000
    3,600 sqft · 0.68 AC lot
    Prime location in high‑traffic Canton corridor (Ford Road) near I‑275 interchange.
    Turnkey restaurant setup with existing 100‑seat capacity.
    Liquor (Class C - Sunday sales), carryout, and lottery licenses included.
    Ample on‑site parking (48 spaces) and easy access from Ford and Haggerty Roads.
    Strong customer draw from neighboring major retailers and hotels.
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    Carrabba's Italian Grill For Sale
    Carrabba's Italian Grill For Sale

    1900 N Haggerty Rd, Canton, MI 48187

    $3,493,200
    6,511 sqft · 1.98 AC lot

    6,511 SF restaurant on 1.98 acres in Canton, MI.

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Canton, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Two-Story Mixed-Use Building
    Historic Two-Story Mixed-Use Building

    209 Main St, Belleville, MI 48111

    $500,000
    7,000 sqft

    A two-story commercial building with offices, multiple restrooms, and parking, ready for immediate occupancy.

    View details
    Restaurant Site with Vacant Lot
    Restaurant Site with Vacant Lot

    644 E Huron River Drive, Belleville, MI 48111

    $99,900
    240 sqft · 0.17 AC lot

    Former ice cream shop site with an included vacant lot, offering flexibility for parking and possible expansion.

    View details
    Corner Retail Restaurant Space
    Corner Retail Restaurant Space

    1055 Inkster Road, Inkster, MI 48141

    $209,900
    5,037 sqft

    Corner retail/restaurant building configured into one open, high-ceiling space with existing restaurant ventilation and ample parking.

    View details
    Turnkey Restaurant with Self-Serve Stations
    Turnkey Restaurant with Self-Serve Stations

    1082 Inkster Road, Inkster, MI 48141

    Contact for pricing
    1,000 sqft

    Fully equipped Korean-inspired ramen and Asian-snack operation with dine-in seating and induction cooking stations in a strip plaza.

    View details

    Canton, MI Conventional Restaurants Market Trends and Statistics

    Explore 3 conventional restaurants for sale in Canton, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 12,829 square feet of properties for sale, with an estimated market value of $6,018,200.

    Sale prices for conventional restaurants in Canton, MI start at $425,000, averaging $2,006,066, and reaching up to $3,493,200 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 3
    Coffee shops 1

    Demographics Overview

    Population 98K
    Population Growth (5Y) +7.8%
    Median Household Income $118,006
    College Educated 78.8%

    High-Yield Neighborhoods for Investment

    Identify Canton submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48187 $3.5M

    Taxes & Financing

    Tax Rate (average for all types) 4.39%
    Property Tax per SF $81.29 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Wayne County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Canton, MI

    • 48187
    • 48185

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