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    Redford, MI
    Conventional Restaurant

    Redford, MI Conventional Restaurants for Sale

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    Ecorse, MI Hamtramck, MI Highland Park, MI
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    Eastern Market Mixed-Use Property
    Updated: Mar 10
    Eastern Market Mixed-Use Property

    1468 Adelaide St, Detroit, MI 48207

    $3,425,000
    21,309 sqft · 0.25 AC lot
    Prime location in the heart of Detroit's historic Eastern Market.
    Substantial vacant space (nearly 20,000 sq ft) offering exceptional potential.
    Large 21,309 sq ft mixed‑use property.
    Anchored by Farmer Frank's restaurant.
    Part of a monumental collection of properties for sale.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1468 Adelaide St, Detroit, MI 48207

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    • Est. Cap Rate

      7.4%
      Above avg (5.9%)

    • Est. NOI

      $253K
      Annual

    • Mortgage

      $50M
      Mar 2022

    • Property Type

      Restaurant
      Built 1916
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    Turnkey Restaurant with Seating
    Updated: Jun 1
    Turnkey Restaurant with Seating

    26080 Grand River Avenue, Redford, MI 48240

    $150,000
    2,136 sqft · 0.32 AC lot
    Turnkey restaurant on Grand River Avenue (Redford Township), approx. 2,300 SF, seating up to 70 guests
    On‑site parking for approx. 30 vehicles
    Completely renovated top to bottom within the last year, featuring numerous updates throughout
    Central A/C unit approx. 4 years old plus newer make‑up air system
    Currently operating 7 days/week with hours: Mon–Fri 8 AM–8 PM and Sat–Sun 7 AM–3 PM
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    Mixed-Use Building with Storefronts
    Mixed-Use Building with Storefronts

    14318 E Jefferson Avenue, Detroit, MI 48215

    $749,900
    5,874 sqft · 0.16 AC lot

    Five-unit style mixed-use building includes three storefronts and two upper apartments, with a ready-to-operate restaurant space.

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    Detroit Restaurant and Business Opportunity
    Detroit Restaurant and Business Opportunity

    11233 Morang Drive, Detroit, MI 48224

    $225,000
    4,828 sqft · 0.27 AC lot

    Restaurant and real estate for sale in Detroit, Michigan.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Turnkey Liquor Store and Hot Food
    Turnkey Liquor Store and Hot Food

    16810 Joy Road, Detroit, MI 48228

    $2,100,000
    5,000 sqft

    Rebuilt Detroit liquor store with hot food and growth potential.

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    Convenience Store with Restaurant Setup
    Convenience Store with Restaurant Setup

    555 Detroit, Detroit, MI 48205

    $850,000

    Established convenience store with an in-place restaurant setup, offering a ready-to-operate option for a new operator.

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    Turnkey Restaurant Opportunity on Warren
    Turnkey Restaurant Opportunity on Warren

    17420 E Warren Ave, Detroit, MI 48224

    $749,000
    4,980 sqft

    Freestanding restaurant with commercial kitchen, parking, and high visibility.

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    Renovated Commercial Property in Detroit
    Renovated Commercial Property in Detroit

    611 W Philadelphia St, Detroit, MI 48202

    $899,999
    0.25 AC lot

    Versatile, renovated commercial property in Detroit's evolving North End neighborhood.

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    Detroit Restaurant Opportunity For Sale
    Detroit Restaurant Opportunity For Sale

    3250 E Jefferson, Detroit, MI 48207

    $164,999
    1,300 sqft

    Fully built-out restaurant near downtown Detroit with favorable lease terms.

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    Turnkey Detroit Bar/Restaurant/Nightclub Venue
    Turnkey Detroit Bar/Restaurant/Nightclub Venue

    14925 Livernois Ave, Detroit, MI 48238

    $750,000

    Remodeled entertainment venue in Detroit, ready for immediate operation.

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    Adaptable Mixed-Use Building For Sale
    Adaptable Mixed-Use Building For Sale

    565 E Larned St, Detroit, MI 48226

    $3,950,000
    0.28 AC lot

    Mixed-use building suitable for retail, office, restaurant, or redevelopment.

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    Established Restaurant in Corktown Detroit
    Established Restaurant in Corktown Detroit

    1360 W Fort St, Detroit, MI 48226

    $520,000
    0.07 AC lot

    Thriving restaurant business and real estate in Detroit's Corktown.

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    Detroit Bar, Nightclub, and Restaurant
    Detroit Bar, Nightclub, and Restaurant

    6538 Michigan Ave, Detroit, MI 48210

    $600,000

    Two-story bar, nightclub, and restaurant in Southwest Detroit.

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    Detroit Retail Opportunity on Gratiot
    Detroit Retail Opportunity on Gratiot

    10075 Gratiot Ave, Detroit, MI 48213

    $125,000
    3,383 sqft

    3,383 SF retail building in a high-traffic Detroit location.

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    Entertainment Hall with Parking Lot
    Entertainment Hall with Parking Lot

    13001 WARREN Ave, Detroit, MI 48215

    $150,000

    High-traffic site with an ample parking lot, suited for entertainment, carryout dining, gaming, or worship uses.

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

    15090 SCHAEFER Hwy, Detroit, MI 48227

    $160,000
    1,716 sqft · 0.09 AC lot

    Turnkey restaurant ready for a new owner in Detroit.

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    Restaurant/Banquet Hall Opportunity
    Restaurant/Banquet Hall Opportunity

    11233 Morang Dr, Detroit, MI 48224

    $225,000

    Restaurant with full kitchen, banquet hall, and living space.

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    Flexible Warehouse and Office
    Flexible Warehouse and Office

    12210 N Grand River Avenue, Detroit, MI 48204

    $274,000
    5,127 sqft

    Updated flex warehouse with office space, kitchen area, and two restrooms, suited for a range of light business uses.

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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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    Detroit Restaurant Business Opportunity
    Detroit Restaurant Business Opportunity

    15090 SCHAEFER, Detroit, MI 48227

    $160,000
    1,716 sqft · 0.09 AC lot

    Fully-equipped restaurant ready for a new owner in Detroit.

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    Mixed-Use Property in Detroit
    Mixed-Use Property in Detroit

    14318 E Jefferson Avenue, Detroit, MI 48215

    $749,900
    5,874 sqft

    5,874 SF mixed-use property with storefronts and apartments.

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    Flex Space with Office and Warehouse
    Flex Space with Office and Warehouse

    12210 N Grand River Avenue, Detroit, MI 48204

    $174,900
    4,300 sqft

    Updated, spacious flex building with office, warehouse, and kitchen-ready features suitable for multiple business uses.

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    Established Restaurant in Downtown Detroit
    Established Restaurant in Downtown Detroit

    1350 West Fort Street, Detroit, MI 48226

    $849,000

    Long-standing restaurant in Detroit's downtown area, great business opportunity.

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

    565 E Larned Street, Detroit, MI 48226

    $2,600,000
    32,552 sqft

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

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    Redford, MI Conventional Restaurants Market Trends and Statistics

    Explore 35 conventional restaurants for sale in Redford, MI, showcased through 35 active listings on our real estate platform. These investment opportunities span a total of 155,612 square feet of properties for sale, with an estimated market value of $21,407,599.

    Sale prices for conventional restaurants in Redford, MI start at $79,900, averaging $930,765, 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 1
    Coffee shops 1
    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 $250K

    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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    Most Searched ZIP Codes in Redford, MI

    • 48226
    • 48227
    • 48215
    • 48224
    • 48240
    • 48204
    • 48207
    • 48213
    • 48228
    • 48238
    • 48202
    • 48205

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