Conventional Restaurant

Melvindale, MI Conventional Restaurants for Sale

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Detroit, MI Lincoln Park, MI Allen Park, MI Dearborn, MI Ecorse, MI River Rouge, MI Dearborn Heights, MI Taylor, MI
Operating Drive-Through Restaurant Property
Updated: Jul 21
Operating Drive-Through Restaurant Property

undisclosed Boulevard, Melvindale, MI 48122

$400,000
1,200 sqft 0.08 AC lot
Operating fast‑food restaurant business included with the real estate
Approximately 1,200 square feet on 0.08 acres
Furniture, fixtures, and equipment included in the sale
Brick building constructed in 1950
Forced‑air heating, broadband, and cable availability
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Renovated Drive-Through Restaurant
Updated: Jun 2
Renovated Drive-Through Restaurant

2630 Oakwood Blvd, Melvindale, MI 48122

$824,999
2,985 sqft
2,985 SF retail building built in 2002
Renovated in 2020
100% occupancy
Lease expires 11‑31‑2030 with 2 five‑year options
Pylon signage
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2 active listings match your search: Restaurant for sale in Melvindale, MI. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 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 Parking
Freestanding Restaurant with Parking

4939 Allen Rd, Allen Park, MI 48101

$500,000
5,229 sqft

A 2022 renovation, C4 zoning, and multiple curb cuts support continued restaurant use.

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Standalone Takeout Restaurant
Standalone Takeout Restaurant

3964 W Jefferson Avenue, Ecorse, MI 48229

$259,900
1,100 sqft

The compact food-service layout includes commercial cooking and refrigeration equipment for carryout operations.

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Single-Tenant Retail Building
Single-Tenant Retail Building

4058 West Jefferson Avenue, Ecorse, MI 48229

Contact for pricing
1,500 sqft 0.20 AC lot

Domino's Pizza occupies the property under a lease with more than eight years remaining.

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Restaurant Business
Restaurant Business

15544 Southfield Rd, Allen Park, MI 48101

$49,999
3,734 sqft

An operating Ram’s Horn restaurant business is offered separately from the real estate.

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Melvindale, MI Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Melvindale, MI on our real estate platform. These investment opportunities span a total of 4,185 square feet of properties for sale, with an estimated market value of $1,224,999.

Sale prices for conventional restaurants in Melvindale, MI start at $400,000, averaging $612,499, and reaching up to $824,999 — 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 2
Drive through restaurants 2

Demographics Overview

Population 13K
Population Growth (5Y) +21.0%
Median Household Income $41,356
College Educated 22.2%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
48122 $612.5K

Taxes & Financing

Tax Rate (average for all types) 8.73%
Property Tax per SF $86.45 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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