Conventional Restaurant

New Baltimore, MI Conventional Restaurants for Sale

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Corner Conventional Restaurant
Updated: Apr 16
Corner Conventional Restaurant

53100 Gratiot, New Baltimore, MI 48051

Contact for pricing
3,813 sqft
Hard‑corner position at Gratiot Road and 24 Mile
Dual access from Gratiot Road and 24 Mile
Operating restaurant with furniture, fixtures, and equipment included
Required licenses included with the property
Building constructed in 2005
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Restaurant Building at Hard Corner
Updated: Jul 26
Restaurant Building at Hard Corner

53100 Gratiot Ave, New Baltimore, MI 48051

$1,400,000
Hard‑corner location at Gratiot Road and 24 Mile
Access from both Gratiot Road and 24 Mile
Furniture, fixtures, equipment, and required licenses included
Restaurant building constructed in 2005
Existing restaurant operation with maintained improvements
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Dual-Concept Restaurant Building
Dual-Concept Restaurant Building

45225 Marketplace Boulevard, Chesterfield, MI 48051

$2,100,000

Fully built commercial kitchen and separate entrances support flexible restaurant operations.

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See hot listings in New Baltimore

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in New Baltimore, 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 Bar & Pub
Freestanding Bar & Pub

34540 Harper Ave, Clinton Township, MI 48035

$1,495,000
3,200 sqft 1.46 AC lot

Corner-site property with pylon signage and B-3 and R-5 zoning.

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Restaurant Building with Parking
Restaurant Building with Parking

37116 S Groesbeck, Clinton Township, MI 48036

$729,000
3,693 sqft 0.73 AC lot

Restaurant property with on-site parking and OS-1 Office/Service Low-Rise District zoning.

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Turnkey Franchise Restaurant
Turnkey Franchise Restaurant

48923 Hayes Rd, Shelby Township, MI 48315

$190,000
2,580 sqft

Turnkey franchise restaurant offered as owner-user or investment with included recipes, equipment, inventory, and supplies.

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Restaurant & Sports Bar Opportunity
Restaurant & Sports Bar Opportunity

15133 Hall Rd, Shelby Township, MI 48315

Contact for pricing
6,932 sqft

Restaurant and sports bar available for sale or lease.

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New Baltimore, MI Conventional Restaurants Market Trends and Statistics

Explore 3 conventional restaurants for sale in New Baltimore, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 3,813 square feet of properties for sale, with an estimated market value of $3,500,000.

Sale prices for conventional restaurants in New Baltimore, MI start at $1,400,000, averaging $1,750,000, and reaching up to $2,100,000 — 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 3
Bars & Pubs 1
Commercial kitchens 1

Demographics Overview

Population 58K
Population Growth (5Y) -3.0%
Median Household Income $93,701
College Educated 35.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
48051 $1.4M

Taxes & Financing

Tax Rate (average for all types) 4.18%
Property Tax per SF $85.17 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Macomb County

New Delisted

Total CRE Inventory on Market (SF)

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