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    Redford, MI
    Conventional Restaurant

    Redford, MI Conventional Restaurants for Sale

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    Turnkey Restaurant Opportunity on Warren
    Updated: Apr 22
    Turnkey Restaurant Opportunity on Warren

    17420 E Warren Ave, Detroit, MI 48224

    $749,000
    4,980 sqft
    Turnkey restaurant opportunity, ready for immediate operation.
    High‑visibility location on busy E. Warren, attracting significant customer traffic.
    Spacious dining area and fully equipped commercial kitchen.
    Onsite parking for customer convenience.
    Suitable for various restaurant concepts: sit‑down, carry‑out, or franchise.
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    This listing looks promising.

    Here's a quick look at some key insights for

    17420 E Warren Ave, Detroit, MI

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    • Est. Cap Rate

      8.8%
      Above avg (5.9%)

    • Est. NOI

      $66K
      Annual

    • Price @ 7% Cap

      $939K
      Above asking

    • Property Type

      Restaurant
      Built 1976
    View Property Analytics
    Restaurant Property With Commercial Kitchen
    Updated: Aug 9
    Restaurant Property With Commercial Kitchen

    19655 W Grand River Ave SW, Detroit, MI 48223

    $699,000
    4,614 sqft 0.10 AC lot
    Commercial kitchen installed in 2026
    Current café and barbershop operation
    Corner location at 19655 W Grand River Ave SW, Detroit
    Four bathrooms and a basement
    Block, stucco, and brick construction
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    Turnkey Restaurant with Seating
    Turnkey Restaurant with Seating

    26080 Grand River Avenue, Redford, MI 48240

    $150,000
    2,136 sqft 0.32 AC lot

    Recently renovated restaurant offering guest seating, updated HVAC, and substantial on-site parking for day-to-day operations.

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    Storefront Property with Two Bathrooms
    Storefront Property with Two Bathrooms

    15921 W Seven Mile Road, Detroit, MI 48235

    $375,000
    3,000 sqft 0.09 AC lot

    Former restaurant and barber shop with central air conditioning and forced-air heating.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Restaurant and Banquet Facility
    Restaurant and Banquet Facility

    12712 Plymouth Road Unit SourceFi, Detroit, MI 48227

    $280,000
    4,000 sqft 0.22 AC lot

    Updated 4,000 SF restaurant and banquet setup with a fully equipped commercial kitchen, sizable lot, and paved parking.

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    Restaurant and Banquet Venue
    Restaurant and Banquet Venue

    12712 Plymouth Rd, Detroit, MI 48227

    $280,000
    4,000 sqft 0.22 AC lot

    4,000 sq. ft. banquet and full-service restaurant with a fully equipped commercial kitchen and modern renovations on a paved lot.

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    Fully Equipped Coney Island Restaurant
    Fully Equipped Coney Island Restaurant

    1350 W Fort Street, Detroit, MI 48226

    $699,000
    2,429 sqft

    Fully operational restaurant with extensive recent kitchen and HVAC upgrades on a major downtown-bound route.

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    Fully Equipped Coney Island Restaurant
    Fully Equipped Coney Island Restaurant

    W 1350 W Fort Street Unit SourceFi, Detroit, MI 48226

    $699,000
    2,429 sqft

    Turnkey, fully operational restaurant with renovated kitchen, new commercial AC, grill, and walk-in cooler/freezer.

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    Mixed-Use Building with On-Site Parking
    Mixed-Use Building with On-Site Parking

    E 565 E Larned Street Unit SourceFi, Detroit, MI 48226

    $2,600,000
    32,552 sqft

    Versatile mixed-use building with adaptable retail, office, and restaurant space plus a dedicated on-site parking lot included in the sale.

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    Stand-Alone Restaurant Building
    Stand-Alone Restaurant Building

    W 24611 W MCNICHOLS Road Unit SourceFi, Detroit, MI 48219

    $199,000
    1,323 sqft

    Stand-alone restaurant building with ample parking and frontage on McNichols Road.

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    Restaurant and Retail Property
    Restaurant and Retail Property

    W 1360 W Fort Street Unit SourceFi, Detroit, MI 48226

    $520,000
    2,504 sqft

    Established restaurant property with dine-in seating, a self-serve station, and an included commercial kitchen plus an interior retail store.

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

    W 3143 W MCNICHOLS Road Unit SourceFi, Detroit, MI 48221

    $1,700,000
    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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    Turnkey Restaurant with On-Site Parking
    Turnkey Restaurant with On-Site Parking

    26080 Grand River Avenue, Redford, MI 48240

    Contact for pricing
    2,136 sqft

    Fully renovated restaurant with seating for up to 70 guests and approximately 30 parking spaces, currently operating seven days a week.

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    Two-Story Restaurant with Patio
    Two-Story Restaurant with Patio

    42-62 Piquette Street, Detroit, MI 48202

    Contact for pricing
    5,696 sqft 0.67 AC lot

    Two-story restaurant offers outdoor dining patio, on-site parking, and 115 feet of frontage on Piquette.

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    Turn Key Restaurant For Sale
    Turn Key Restaurant For Sale

    20804 Plymouth Rd, Detroit, MI 48228

    $365,000
    2,308 sqft

    Successful restaurant with drive-thru, equipment included, ready for new owners.

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    Established Food Truck Restaurant Business
    Established Food Truck Restaurant Business

    3929 Cass Avenue, Detroit, MI 48201

    Contact for pricing
    2,457 sqft

    Business sale includes a fully equipped food truck, franchise, and transferable leased-lot arrangement subject to approval.

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    Live-Work and Restaurant Building
    Live-Work and Restaurant Building

    1250 Library Street Unit SourceFi, Detroit, MI 48226

    $5,900,000
    32,100 sqft

    Eight traditional live/work lofts plus an office, art studio, and Cuban restaurant are 100% occupied.

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    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.

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    Freestanding Restaurant with Drive-Thru
    Freestanding Restaurant with Drive-Thru

    14204 W. Seven Mile Rd, Detroit, MI 48235

    Contact for pricing
    4,625 sqft

    Former QSR includes a drive-thru lane and is offered for sale or lease with limited FF&E.

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    Turnkey Drive-Through Restaurant
    Turnkey Drive-Through Restaurant

    20804 Plymouth Road, Detroit, MI 48228

    $410,000
    2,308 sqft

    Bright dining room with LED lighting, seating for 68, and a drive-thru, plus included kitchen equipment.

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    Mixed-Use Restaurant and Office Building
    Mixed-Use Restaurant and Office Building

    565 E Larned Street, Detroit, MI 48226

    Contact for pricing
    32,552 sqft

    Flexible mixed-use layout with private on-site parking supports retail, office, restaurant, or redevelopment plans.

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    Retail Space with Three Bay Doors
    Retail Space with Three Bay Doors

    W 3239 W McNichols Road Unit SourceFi, Detroit, MI 48221

    Contact for pricing
    3,592 sqft

    Commercial space offered on a triple-net basis, featuring three garage bay doors for flexible access and use.

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    Fully-Equipped Restaurant Business Opportunity
    Fully-Equipped Restaurant Business Opportunity

    15090 SCHAEFER, Detroit, MI 48227

    $135,000
    0.09 AC lot

    Restaurant for sale with all essential equipment included.

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    Built-Out Conventional Restaurant Property
    Built-Out Conventional Restaurant Property

    6171 Michigan Avenue, Detroit, MI 48210

    $624,995

    Sale includes the real estate, business, inventory, furniture, fixtures, and commercial kitchen equipment.

    View details

    Redford, MI Conventional Restaurants Market Trends and Statistics

    Explore 39 conventional restaurants for sale in Redford, MI, showcased through 39 active listings on our real estate platform. These investment opportunities span a total of 224,530 square feet of properties for sale, with an estimated market value of $17,763,894.

    Sale prices for conventional restaurants in Redford, MI start at $69,900, averaging $772,343, and reaching up to $5,900,000 — 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 4
    Breakfast & diners 2
    Drive through restaurants 1

    Demographics Overview

    Population 54K
    Population Growth (5Y) +0.8%
    Median Household Income $65,772
    College Educated 29.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48240 $150K
    48239 $415K

    Taxes & Financing

    Tax Rate (average for all types) 6.72%
    Property Tax per SF $59.47 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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    Popular Searches in Redford, MI

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    Most Searched ZIP Codes in Redford, MI

    • 48226
    • 48227
    • 48235
    • 48221
    • 48224
    • 48228
    • 48234
    • 48207
    • 48240
    • 48201
    • 48202
    • 48210

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