Conventional Restaurant

Hazel Park, MI Conventional Restaurants for Sale

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Restaurant with Banquet Hall
Updated: Oct 30
Restaurant with Banquet Hall

1024 E 9 Mile Rd, Hazel Park, MI 48030

$1,497,700
Three parcels included in the sale
Two‑level building with a banquet hall and finished lower level
Commercial kitchen includes a walk‑in cooler
Lower level includes a bar
General Business zoning
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Hazel Park, 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.

Renovated Restaurant with Commercial Kitchen
Renovated Restaurant with Commercial Kitchen

19163 Livernois Ave, Detroit, MI 48221

Contact for pricing
1,862 sqft

B3 zoning and included kitchen equipment support restaurant use.

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Mixed-Use Restaurant and Apartments
Mixed-Use Restaurant and Apartments

3143 W McNichols Rd, Detroit, MI 48221

$1,200,000
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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Remodeled Café Restaurant with Kitchen
Remodeled Café Restaurant with Kitchen

2959 12 Mile Rd, Berkley, MI 48072

Contact for pricing
3,360 sqft

Completely remodeled in 2022, this 3,360 SF café restaurant includes a full kitchen and public parking at the rear.

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Freestanding Restaurant Building
Freestanding Restaurant Building

2971 Coolidge Hwy, Berkley, MI 48072

$575,000

Established restaurant property with commercial kitchen equipment and a dedicated on-site parking area.

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Hazel Park, MI Conventional Restaurants Market Trends and Statistics

Explore 1 conventional restaurants for sale in Hazel Park, MI on our real estate platform.

Sale prices for conventional restaurants in Hazel Park, MI average $1,497,700 — 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

Bars & Pubs 1
Conventional restaurants 1

Demographics Overview

Population 15K
Population Growth (5Y) -9.9%
Median Household Income $62,878
College Educated 30.8%

Taxes & Financing

Tax Rate (average for all types) 6.91%
Property Tax per SF $49.27 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Oakland County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

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

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