Conventional Restaurant

Utica, MI Conventional Restaurants for Sale

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Sterling Heights, MI Shelby Twp, MI Shelby, MI Clinton Township, MI Rochester Hills, MI Macomb, MI Troy, MI Clinton Twp, MI
Freestanding Restaurant Building
Updated: Jul 21
Freestanding Restaurant Building

Utica, MI 48317

$765,000
4,043 sqft 1.59 AC lot
4,043‑square‑foot restaurant building constructed in 1976
Operating as Esplendido Mexican Restaurant; existing business also available for purchase
1.59‑acre parcel along Mound Road
Layout identified for restaurant, retail, office, and other commercial uses
On‑site parking capacity with room for future expansion or redevelopment
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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 Building with Patio
Restaurant Building with Patio

50285 Mound Road, Shelby, MI 48317

$765,000
4,043 sqft 1.59 AC lot

Restaurant property with central air, forced-air heating, public water, and an outdoor patio area.

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Restaurant Building with Patio
Restaurant Building with Patio

50285 Mound Road, Shelby, MI 48317

$965,000
4,043 sqft 1.59 AC lot

Configured for continued food-service use with outdoor seating, public water, and forced-air heating.

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Equipped Ice Cream Shop Business
Equipped Ice Cream Shop Business

43702 Schoenherr Rd, Sterling Heights, MI 48313

$75,000
30,526 sqft

The sale includes operating equipment, furnishings, inventory, recipes, and the Freskia name; the real estate is excluded.

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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 1 conventional restaurants for sale in Utica, MI on our real estate platform. These investment opportunities span a total of 4,043 square feet of properties for sale, with an estimated market value of $765,000.

Sale prices for conventional restaurants in Utica, MI average $765,000 — 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

Drive through restaurants 2
Conventional restaurants 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 $765K

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)

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