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    Detroit, MI Conventional Restaurants for Sale

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    Ecorse, MI Hamtramck, MI Highland Park, MI
    27 listings
    Turnkey Restaurant with Seating
    $150,000
    2,136 SF
    Turnkey Restaurant with Seating

    26080 Grand River Avenue, Redford, MI 48240

    Recently renovated restaurant offering guest seating, updated HVAC, and substantial on-site parking for day-to-day operations.
    • Turnkey restaurant on Grand River Avenue (Redford Township), approx. 2,300 SF, seating up to 70 guests
    • On‑site parking for approx. 30 vehicles
    • Completely renovated top to bottom within the last year, featuring numerous updates throughout
    • Central A/C unit approx. 4 years old plus newer make‑up air system
    • Currently operating 7 days/week with hours: Mon–Fri 8 AM–8 PM and Sat–Sun 7 AM–3 PM
    Updated: Jun 1
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    Turn-Key Restaurant Opportunity
    $349,900
    1,612 SF
    Turn-Key Restaurant Opportunity

    3510 W Cadillac, Farwell, MI 48622

    Restaurant on M-115 near US-10 exit, Farwell, Michigan.
    • Great Location near downtown
    • Fully renovated kitchen with stainless steel appliances
    • Spacious backyard perfect for entertaining
    • Hardwood floors throughout the home
    • Two‑car garage for parking and storage
    Updated: Apr 28
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    Mixed-Use Building with Storefronts
    $749,900
    5,874 SF
    Mixed-Use Building with Storefronts

    Five-unit style mixed-use building includes three storefronts and two upper apartments, with a ready-to-operate restaurant space.

    14318 E Jefferson Avenue, Detroit, MI 48215

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    Detroit Restaurant and Business Opportunity
    $225,000
    4,828 SF
    Detroit Restaurant and Business Opportunity

    Restaurant and real estate for sale in Detroit, Michigan.

    11233 Morang Drive, Detroit, MI 48224

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    Turnkey Liquor Store and Hot Food
    $2,100,000
    5,000 SF
    Turnkey Liquor Store and Hot Food

    Rebuilt Detroit liquor store with hot food and growth potential.

    16810 Joy Road, Detroit, MI 48228

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    Convenience Store with Restaurant Setup
    $850,000
    Convenience Store with Restaurant Setup

    Established convenience store with an in-place restaurant setup, offering a ready-to-operate option for a new operator.

    555 Detroit, Detroit, MI 48205

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    Turnkey Restaurant Opportunity on Warren
    $749,000
    4,980 SF
    Turnkey Restaurant Opportunity on Warren

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

    17420 E Warren Ave, Detroit, MI 48224

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    Detroit Restaurant Opportunity For Sale
    $164,999
    1,300 SF
    Detroit Restaurant Opportunity For Sale

    Fully built-out restaurant near downtown Detroit with favorable lease terms.

    3250 E Jefferson, Detroit, MI 48207

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    Turnkey Detroit Bar/Restaurant/Nightclub Venue
    $750,000
    Turnkey Detroit Bar/Restaurant/Nightclub Venue

    Remodeled entertainment venue in Detroit, ready for immediate operation.

    14925 Livernois Ave, Detroit, MI 48238

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    Adaptable Mixed-Use Building For Sale
    $3,950,000
    0.28 Acres
    Adaptable Mixed-Use Building For Sale

    Mixed-use building suitable for retail, office, restaurant, or redevelopment.

    565 E Larned St, Detroit, MI 48226

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    Detroit Bar, Nightclub, and Restaurant
    $600,000
    Detroit Bar, Nightclub, and Restaurant

    Two-story bar, nightclub, and restaurant in Southwest Detroit.

    6538 Michigan Ave, Detroit, MI 48210

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    Detroit Retail Opportunity on Gratiot
    $125,000
    3,383 SF
    Detroit Retail Opportunity on Gratiot

    3,383 SF retail building in a high-traffic Detroit location.

    10075 Gratiot Ave, Detroit, MI 48213

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    Entertainment Hall with Parking Lot
    $150,000
    Entertainment Hall with Parking Lot

    High-traffic site with an ample parking lot, suited for entertainment, carryout dining, gaming, or worship uses.

    13001 WARREN Ave, Detroit, MI 48215

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    Fully-Equipped Restaurant Business Opportunity
    $160,000
    1,716 SF
    Fully-Equipped Restaurant Business Opportunity

    Turnkey restaurant ready for a new owner in Detroit.

    15090 SCHAEFER Hwy, Detroit, MI 48227

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    Restaurant/Banquet Hall Opportunity
    $225,000
    Restaurant/Banquet Hall Opportunity

    Restaurant with full kitchen, banquet hall, and living space.

    11233 Morang Dr, Detroit, MI 48224

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    Detroit Restaurant Business Opportunity
    $160,000
    1,716 SF
    Detroit Restaurant Business Opportunity

    Fully-equipped restaurant ready for a new owner in Detroit.

    15090 SCHAEFER, Detroit, MI 48227

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    Mixed-Use Property in Detroit
    $749,900
    5,874 SF
    Mixed-Use Property in Detroit

    5,874 SF mixed-use property with storefronts and apartments.

    14318 E Jefferson Avenue, Detroit, MI 48215

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    Established Restaurant in Downtown Detroit
    $849,000
    Established Restaurant in Downtown Detroit

    Long-standing restaurant in Detroit's downtown area, great business opportunity.

    1350 West Fort Street, Detroit, MI 48226

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    Turn Key Restaurant For Sale
    $420,000
    2,308 SF
    Turn Key Restaurant For Sale

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

    20804 Plymouth Rd, Detroit, MI 48228

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    Freestanding Restaurant with Drive-Thru
    Contact for pricing
    4,625 SF
    Freestanding Restaurant with Drive-Thru

    Former QSR on heavily traveled corridor, ideal for restaurants.

    14204 W Seven Mile Rd, Detroit, MI 48235

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    Retail Strip Center with Restaurant
    $590,000
    8,850 SF
    Retail Strip Center with Restaurant

    Cash-flowing retail strip center with restaurant space and upside potential.

    11122 Hayes Street, Detroit, MI 48213

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    Turnkey Texas Style Smokehouse BBQ
    $210,000
    983 SF
    Turnkey Texas Style Smokehouse BBQ

    Fully outfitted Texas style smokehouse, ready to serve.

    18035 Conant, Detroit, MI 48234

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    Fully-Equipped Restaurant Opportunity
    $200,000
    1,716 SF
    Fully-Equipped Restaurant Opportunity

    Turnkey restaurant ready for a new owner.

    15090 Schaefer Hwy, Detroit, MI 48227

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    Established Restaurant on Grand River
    $450,000
    2,044 SF
    Established Restaurant on Grand River

    Well-established restaurant for sale with high visibility location.

    27281 Grand River Ave, Redford, MI 48240

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    Detroit, MI Conventional Restaurants Investment Opportunities Market Analysis

    Explore 27 conventional restaurants for sale in Detroit, MI, showcased through 27 active listings on our real estate platform. These investment opportunities span a total of 59,700 square feet of properties for sale, with an estimated market value of $9,283,599.

    Sale prices for conventional restaurants in Detroit, MI start at $79,900, averaging $515,755, and reaching up to $2,100,000 — 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

    Conventional restaurants 51
    Bars & Pubs 32
    Drive through restaurants 21
    Commercial kitchens 9
    Coffee shops 5

    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
    48219 $79.9K
    48207 $165K
    48227 $173.3K
    48234 $210K
    48213 $357.5K

    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)

    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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