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    Utica, MI
    Conventional Restaurant

    Utica, MI Conventional Restaurants for Sale

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    Shelby Twp, MI Sterling Heights, MI Shelby, MI Clinton Township, MI Rochester Hills, MI Macomb, MI Troy, MI Northport, AL
    Turnkey Restaurant with Patio
    Updated: Apr 3
    Turnkey Restaurant with Patio

    Utica, MI 48317

    Contact for pricing
    4,403 sqft 1.59 AC lot
    4,403 SF commercial building on 1.59 acres along Mound Road
    Currently operating as Esplendido Mexican Restaurant with a layout suited for restaurant use
    Includes spacious dining area, outdoor patio, and distinctive Tiki Bar
    Outfitted with a fire suppression system and essential infrastructure
    Expansive site with abundant on‑site parking, with additional space for future expansion or redevelopment
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    Downtown Utica Restaurant Opportunity
    Updated: Aug 12, 2025
    Downtown Utica Restaurant Opportunity

    8413 Hall Rd, Utica, MI 48317

    Contact for pricing
    2,460 sqft
    Prime location in a highly populated retail corridor of Downtown Utica, with frontage on Hall Road and proximity to M‑53.
    Fully furnished 2,460 sq ft restaurant space with granite countertops and state‑of‑the‑art kitchen equipment.
    Includes a comprehensive list of equipment: POS system, Nemco Heater, multiple refrigeration systems, dough table, Accurex Hood, sinks, sub tables, and more.
    Multiple stations for food preparation, designed to provide an A+ customer experience.
    Existing security camera system and office space included.
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    Mexican Restaurant Business
    Mexican Restaurant Business

    Utica, MI 48317

    $295,000

    Business-only sale available for an established Mexican restaurant operation with branding and systems in place.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Utica, 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.

    Restaurant-Ready Retail Building
    Restaurant-Ready Retail Building

    50285 Mound Road, Shelby, MI 48317

    $775,000
    4,043 sqft 1.59 AC lot

    Restaurant-ready 4,043 SF building on 1.59 acres with patio and central air, built in 1976.

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    Conventional Restaurant with Dine-In
    Conventional Restaurant with Dine-In

    42922 Van Dyke Avenue, Sterling Heights, MI 48314

    Contact for pricing
    2,800 sqft

    Commercial restaurant space includes a full kitchen, service counter, customer seating, and parking for dine-in and carry-out operations.

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    Mexican Restaurant Business
    Mexican Restaurant Business

    50285 Mound Road, Shelby, MI 48317

    $295,000

    Business-only sale of Esplendido Mexican Restaurant with established branding and operating systems.

    View details
    Former Restaurant Ready for Improvements
    Former Restaurant Ready for Improvements

    33785 Van Dyke Fwy, Sterling Heights, MI 48314

    Contact for pricing
    4,997 sqft

    Former restaurant with high traffic, ready for improvements.

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    Utica, MI Conventional Restaurants Market Trends and Statistics

    Explore 3 conventional restaurants for sale in Utica, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,863 square feet of properties for sale, with an estimated market value of $295,000.

    Sale prices for conventional restaurants in Utica, MI average $295,000 — 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
    Drive through restaurants 3
    Bars & Pubs 1

    Demographics Overview

    Population 85K
    Population Growth (5Y) +1.6%
    Median Household Income $91,155
    College Educated 38.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48317 $225K

    Taxes & Financing

    Tax Rate (average for all types) 3.33%
    Property Tax per SF $62.47 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)

    Average Property Price per SF

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

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