Farwell, MI Conventional Restaurants for Sale

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38 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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Restaurant and Banquet Facility

12712 Plymouth Road Unit SourceFi, Detroit, MI 48227

$280,000

4,000 sqft 0.22 AC lot

Updated 4,000 SF restaurant and banquet setup with a fully equipped commercial kitchen, sizable lot, and paved parking.

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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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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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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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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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Established Food Truck Restaurant Business

3929 CASS AVE, Detroit, MI 48201

$379,900

2,457 sqft

Business sale includes a fully equipped food truck, franchise, and transferable leased-lot arrangement subject to approval.

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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

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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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Established Restaurant in Corktown Detroit

1360 W Fort St, Detroit, MI 48226

$520,000

0.07 AC lot

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

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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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Live-Work and Restaurant Building

1250 Library Street Unit SourceFi, Detroit, MI 48226

$5,900,000

32,100 sqft

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

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Restaurant Property

12920 MACK AVE, Detroit, MI 48215

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1,000 sqft

Restaurant property positioned for continued food-service use in Detroit.

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Freestanding Storefront Building

15500 West 7 Mile Road, Detroit, MI 48235

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2,750 sqft

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

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Retail Space with Three Bay Doors

W 3239 W McNichols Road Unit SourceFi, Detroit, MI 48221

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3,592 sqft

Commercial space offered on a triple-net basis, featuring three garage bay doors for flexible access and use.

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Commercial Kitchen Building With Five Units

8443 Grand River Ave, Detroit, MI 48204

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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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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

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2,068 sqft

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

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Farwell, MI Conventional Restaurants Market Trends and Statistics

Explore 38 conventional restaurants for sale in Farwell, MI, showcased through 38 active listings on our real estate platform. These investment opportunities span a total of 155,694 square feet of properties for sale, with an estimated market value of $15,874,799.

Sale prices for conventional restaurants in Farwell, MI start at $149,000, averaging $835,515, 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 5,970

Population Growth (5Y) -4.7%

Median Household Income $57,500

College Educated 24.3%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
48622	$345K

Taxes & Financing

Tax Rate (average for all types) 3.52%

Tax Rate vs County Average 0.83 pp below county avg

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

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Residential Income

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