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    Harper Woods, MI
    Conventional Restaurant

    Harper Woods, MI Conventional Restaurants for Sale

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    Grosse Pointe Woods, MI Detroit, MI Grosse Pointe, MI Eastpointe, MI Saint Clair Shores, MI Grosse Pointe Shores, MI Warren, MI Grosse Pointe Park, MI
    Brick Restaurant Building
    Updated: Aug 5
    Brick Restaurant Building

    19840 Kelly Rd, Harper Woods, MI 48225

    $450,000
    2,032 sqft
    ~2,032 sq. ft. brick commercial space
    Restaurant‑oriented layout with kitchen and dining areas
    High daily drive‑by traffic on Kelly Road
    Street frontage along Kelly Road
    Built in 1947
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Harper Woods, 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.

    Turnkey Restaurant Opportunity on Warren
    Turnkey Restaurant Opportunity on Warren

    17420 E Warren Ave, Detroit, MI 48224

    $749,000
    4,980 sqft

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

    View details
    Freestanding Fast Food & Ice Cream
    Freestanding Fast Food & Ice Cream

    14700 East 9 Mile Road, Eastpointe, MI 48021

    $495,000
    1,050 sqft 0.29 AC lot

    Single-tenant, renovated restaurant on a main street with turnkey equipment and 12 paved parking spaces.

    View details
    Triple-Net Wendy’s Restaurant
    Triple-Net Wendy’s Restaurant

    19100 Kelly Rd, Detroit, MI 48224

    Contact for pricing
    2,671 sqft 0.55 AC lot

    Wendy’s subject to a new 20-year absolute triple-net lease with scheduled annual rent increases.

    View details
    Detroit Wing Company Investment Opportunity
    Detroit Wing Company Investment Opportunity

    17535 E 9 Mile Rd, Eastpointe, MI 48021

    Contact for pricing
    3,420 sqft

    NNN investment opportunity with a new 12-year lease.

    View details

    Harper Woods, MI Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Harper Woods, MI on our real estate platform. These investment opportunities span a total of 2,032 square feet of properties for sale, with an estimated market value of $450,000.

    Sale prices for conventional restaurants in Harper Woods, MI average $450,000 — 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

    Commercial kitchens 1
    Conventional restaurants 1

    Demographics Overview

    Population 16K
    Population Growth (5Y) +14.1%
    Median Household Income $59,248
    College Educated 31.3%

    Taxes & Financing

    Tax Rate (average for all types) 10.10%
    Property Tax per SF $71.72 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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