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    Southfield, MI
    Conventional Restaurant

    Southfield, MI Conventional Restaurants for Sale

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    Farmington Hills, MI Redford, MI Livonia, MI
    Established Restaurant Business Opportunity
    Updated: Mar 16, 2024
    Established Restaurant Business Opportunity

    29702 SOUTHFIELD, Southfield, MI 48076

    $190,000
    19,730 sqft
    Turn‑key restaurant opportunity: Ready to operate immediately.
    Established business: JJ Fish and Chicken, open since 2017.
    High‑traffic location: Situated on Southfield Rd in Southfield, surrounded by businesses.
    State‑of‑the‑art equipment included: Fully equipped for immediate operation.
    Commercial zoning: Suitable for business operations.
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    Established Restaurant Business Opportunity
    Updated: Feb 7, 2024
    Established Restaurant Business Opportunity

    29702 SOUTHFIELD Road Unit SUITE F, Southfield, MI 48076

    $190,000
    Turn‑key restaurant opportunity: Ready for immediate operation.
    Established business: JJ Fish and Chicken, open since 2017.
    High‑traffic location: Situated on Southfield Rd in Southfield, surrounded by businesses.
    State‑of‑the‑art equipment included: Eliminates initial investment costs.
    Opportunity for growth: Potential to increase revenue in a busy area.
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Southfield, 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.

    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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    Turnkey Restaurant with On-Site Parking
    Turnkey Restaurant with On-Site Parking

    26080 Grand River Avenue, Redford, MI 48240

    $150,000
    2,136 sqft

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

    View details
    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 on heavily traveled corridor, ideal for restaurants.

    View details
    Operating Restaurant on High-Traffic Corridor
    Operating Restaurant on High-Traffic Corridor

    18216 W 7 MILE Road, Detroit, MI 48219

    $79,900
    1,380 sqft

    Restaurant for sale in Detroit with immediate income potential.

    View details

    Southfield, MI Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Southfield, MI on our real estate platform. These investment opportunities span a total of 19,730 square feet of properties for sale, with an estimated market value of $190,000.

    Sale prices for conventional restaurants in Southfield, MI start at $190,000, averaging $190,000, and reaching up to $190,000 — 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 2
    Drive through restaurants 2
    Coffee shops 1
    Commercial kitchens 1

    Demographics Overview

    Population 80K
    Population Growth (5Y) +4.1%
    Median Household Income $69,008
    College Educated 38.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48076 $190K

    Taxes & Financing

    Tax Rate (average for all types) 5.40%
    Property Tax per SF $65.85 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Oakland County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Oakland County

    Retail

    Residential Income

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