Detroit, MI Conventional Restaurants for Sale

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26 properties

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Updated: Aug 9

Corner Restaurant Property

19655 W Grand River Ave SW, Detroit, MI 48223

$599,000

4,614 sqft 0.10 AC lot

Corner location at 19655 W Grand River Ave SW, Detroit, MI 48223
Commercial kitchen installed in 2026
Current café and barbershop operations
0.1‑acre lot with visibility from Grand River Ave
Four bathrooms and a basement

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Updated: Jun 1

Renovated Restaurant with Parking

26080 Grand River Avenue, Redford, MI 48240

$150,000

2,136 sqft 0.32 AC lot

2,136‑square‑foot restaurant on a 0.32‑acre site
Seating capacity for up to 70 guests
Approximately 30 on‑site parking spaces
Renovated throughout within the last year
Central air‑conditioning unit approximately 4 years old

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Mixed-Use Building with Storefronts

14318 E Jefferson Avenue, Detroit, MI 48215

$749,900

5,874 sqft 0.16 AC lot

Ground-floor retail suites include private basement storage, with two upper-level two-bedroom apartments above.

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See what stands out in Wayne County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Upgraded Coney Island Restaurant

1350 W Fort St, Detroit, MI 48226

$699,000

2,429 sqft

Fully operational restaurant and building with a renovated kitchen, updated seating, and new commercial equipment.

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Storefront Property with Two Bathrooms

15921 W Seven Mile Road, Detroit, MI 48235

$375,000

3,000 sqft 0.09 AC lot

Former restaurant and barber shop with central air conditioning and forced-air heating.

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Renovated Drive-Through Restaurant Building

8997 Greenfield Rd, Detroit, MI 48228

$985,000

1,800 sqft

B3-zoned restaurant property renovated in 2022 with an established lease structure and retail-use flexibility.

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Turnkey Restaurant Opportunity on Warren

17420 E Warren Ave, Detroit, MI 48224

$649,000

4,980 sqft

Freestanding restaurant with commercial kitchen, parking, and high visibility.

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Former Burger King Drive-Through

9871 Livernois Ave, Detroit, MI 48204

$950,000

2,127 sqft

Freestanding B4-zoned restaurant property with drive-thru service, dine-in capacity, and on-site parking.

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Established Restaurant in Corktown Detroit

1360 W Fort St, Detroit, MI 48226

$520,000

2,504 sqft

Thriving restaurant business and real estate in Detroit's Corktown.

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Freestanding Restaurant Building

15535 W McNichols Rd, Detroit, MI 48235

$150,000

3,200 sqft

Commercial building with an additional rear parcel that supports multiple business configurations.

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Freestanding Restaurant Property

15921 W Seven Mile Rd, Detroit, MI 48235

$375,000

3,000 sqft

Former restaurant and barber shop offering a flexible commercial layout for continued or reconfigured use.

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Mixed-Use Retail Buildings

8422 Grand River Avenue, Detroit, MI 48204

Contact for pricing

11,958 sqft

Two-building commercial package with B4 zoning and adaptable indoor-outdoor redevelopment potential.

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Two-Story Restaurant with Patio

42-62 Piquette Street, Detroit, MI 48202

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5,696 sqft 0.67 AC lot

Two-story restaurant offers outdoor dining patio, on-site parking, and 115 feet of frontage on Piquette.

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Turn Key Restaurant For Sale

20804 Plymouth Rd, Detroit, MI 48228

$365,000

2,308 sqft

Successful restaurant with drive-thru, equipment included, ready for new owners.

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Freestanding Storefront Building

15500 West 7 Mile Road, Detroit, MI 48235

Contact for pricing

2,750 sqft

B4-zoned commercial property with multiple curb cuts and restaurant-use availability.

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Commercial Kitchen Building With Five Units

8443 Grand River Ave, Detroit, MI 48204

Contact for pricing

13,000 sqft

Multi-unit facility combines food-service areas with dining and lounge space for varied commercial operations.

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Freestanding Restaurant with Apartment

25914 Plymouth Rd, Redford, MI 48239

$599,000

4,612 sqft

Restaurant property includes a two-bedroom apartment, warehouse space, and an overhead door.

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Mixed-Use Restaurant and Apartments

3143 W McNichols Rd, Detroit, MI 48221

$1,700,000

8,625 sqft

Mixed-use property with an upgraded restaurant/bar and two upper three-bedroom apartments plus a full basement and four-car garage.

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Live-Work and Restaurant Building

1250 Library Street, Detroit, MI 48226

$5,900,000

Eight traditional live/work lofts plus an office, art studio, and Cuban restaurant are 100% occupied.

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Franchise Restaurant Investment

27010 Plymouth Rd, Redford, MI 48239

$299,999

1,300 sqft

Occupied restaurant property with a lease in place through December 2029.

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B4-Zoned Restaurant Building

19740 W. 7 Mile Rd, Detroit, MI 48219

Contact for pricing

2,068 sqft

Restaurant property with B4 zoning and an established 1992 construction date.

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Two-Trailer Restaurant Business

39411 Schoolcraft, Detroit, MI 48223

$285,000

Package includes two fully equipped food trailers and leased land for continued operations.

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Freestanding Restaurant Building

7514 E 7 Mile Rd, Detroit, MI 48234

$149,000

4,110 sqft

Freestanding restaurant building with open-concept layout, bar, kitchen, and seating, plus an adjacent west parking lot.

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Mixed-Use Restaurant Building

428 Clinton St, Detroit, MI 48226

Contact for pricing

16,664 sqft

Operating restaurant occupies the main floor, with rehab-ready upper floors for additional use.

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Detroit, MI Conventional Restaurants Market Trends and Statistics

Explore 26 conventional restaurants for sale in Detroit, MI, showcased through 26 active listings on our real estate platform. These investment opportunities span a total of 116,771 square feet of properties for sale, with an estimated market value of $15,499,899.

Sale prices for conventional restaurants in Detroit, MI start at $149,000, averaging $861,105, and reaching up to $5,900,000 — 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

Demographics Overview

Population 850K

Population Growth (5Y) -4.2%

Median Household Income $48,716

College Educated 21.2%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
48234	$149K
48235	$225K
48227	$280K
48215	$375K
48201	$379.9K

Taxes & Financing

Tax Rate (average for all types) 3.32%

Property Tax per SF $36.71 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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Wayne County

Office

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Detroit fall within the 10,000 to 25,000 square foot range.

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Detroit, MI Conventional Restaurants for Sale

19655 W Grand River Ave SW, Detroit, MI 48223

26080 Grand River Avenue, Redford, MI 48240

14318 E Jefferson Avenue, Detroit, MI 48215

1350 W Fort St, Detroit, MI 48226

15921 W Seven Mile Road, Detroit, MI 48235

8997 Greenfield Rd, Detroit, MI 48228

17420 E Warren Ave, Detroit, MI 48224

9871 Livernois Ave, Detroit, MI 48204

1360 W Fort St, Detroit, MI 48226

15535 W McNichols Rd, Detroit, MI 48235

15921 W Seven Mile Rd, Detroit, MI 48235

8422 Grand River Avenue, Detroit, MI 48204

42-62 Piquette Street, Detroit, MI 48202

20804 Plymouth Rd, Detroit, MI 48228

15500 West 7 Mile Road, Detroit, MI 48235

8443 Grand River Ave, Detroit, MI 48204

25914 Plymouth Rd, Redford, MI 48239

3143 W McNichols Rd, Detroit, MI 48221

1250 Library Street, Detroit, MI 48226

27010 Plymouth Rd, Redford, MI 48239

19740 W. 7 Mile Rd, Detroit, MI 48219

39411 Schoolcraft, Detroit, MI 48223

7514 E 7 Mile Rd, Detroit, MI 48234

428 Clinton St, Detroit, MI 48226

Detroit, MI Conventional Restaurants Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Office

Residential Income

Property Size Breakdown

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