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    Livonia, MI
    Conventional Restaurant

    Livonia, MI Conventional Restaurants for Sale

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    Wayne, MI Westland, MI Garden City, MI Redford, MI Garden, MI Dearborn Heights, MI Plymouth, MI Inkster, MI
    Shake Shack NNN Property
    Updated: Apr 3
    Shake Shack NNN Property

    39300 7 Mile, Livonia, MI 48152

    $4,030,000
    2,820 sqft
    Shake Shack location at 39300 7 Mile, Livonia, MI 48152
    Absolute NNN ground lease
    Situated at a major four‑way signalized intersection
    Located in Livonia’s main retail and office district
    Specialty NNN property classified for sale
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    Turnkey Restaurant Kitchen Opportunity
    Updated: Jun 1
    Turnkey Restaurant Kitchen Opportunity

    37625 Five Mile Road, Livonia, MI 48154

    Contact for pricing
    2,000 sqft
    2,000 SF fully equipped restaurant space at 37625 Five Mile Road, Livonia, MI
    Includes Middleby Marshall double stack oven and ventless hood system
    Walk‑in cooler and walk‑in freezer included
    Foodservice equipment list includes Hobart 60 qt mixer and electric 2‑burner stovetop
    Also includes a chest freezer, 4‑foot pizza station, and 5‑foot pizza station
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    Restaurant Investment with New Leases
    Restaurant Investment with New Leases

    17117 N Laurel Park Dr, Livonia, MI 48152

    Contact for pricing
    9,079 sqft

    Two upscale restaurant concepts occupy a commercial property with direct I-275 access and five adjacent hotels.

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    See hot listings in Livonia

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Beyond Juicery + Eatery Restaurant
    Beyond Juicery + Eatery Restaurant

    1234 Plymouth, Livonia, MI 48150

    $449,900

    Established suburban restaurant operation with trained staff, franchise support, and permission to add a drive-through window.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Livonia, 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.

    Freestanding Restaurant with Apartment
    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 Building with Restaurant
    Mixed-Use Building with Restaurant

    32821- 32905 Grand River Ave, Farmington, MI 48336

    Contact for pricing
    9,584 sqft 0.76 AC lot

    Operating restaurant space and three leased apartments create a diversified downtown commercial property.

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    Franchise Restaurant Investment
    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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    Mixed-Use Building in Downtown Farmington
    Mixed-Use Building in Downtown Farmington

    32821-32905 Grand River Ave, Farmington, MI 48336

    Contact for pricing
    9,584 sqft 0.76 AC lot

    Two-story mixed-use building with restaurant and apartments in Farmington, MI.

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    Livonia, MI Conventional Restaurants Market Trends and Statistics

    Explore 4 conventional restaurants for sale in Livonia, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 13,899 square feet of properties for sale, with an estimated market value of $4,479,900.

    Sale prices for conventional restaurants in Livonia, MI start at $449,900, averaging $2,239,950, and reaching up to $4,030,000 — 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 7
    Bars & Pubs 2
    Coffee shops 1
    Drive through restaurants 1
    Turn key restaurants 1

    Demographics Overview

    Population 94K
    Population Growth (5Y) -0.2%
    Median Household Income $96,239
    College Educated 32.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48150 $449.9K
    48152 $4M

    Taxes & Financing

    Tax Rate (average for all types) 4.72%
    Property Tax per SF $67.48 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 Livonia fall within the 100,000+ square foot range.

    How Realmo verifies these figures

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    • 48150
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