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    27281 Grand River Ave Redford, MI 48240

    For Sale
    $450,000

    Business And Real Estate - Redford, MI

    Property size:
    1,599 SF
    Lot size:
    0.21 Acres
    Days on Market:
    75
    Last Refresh:
    Dec 15 at 4:06 am

    Property Features for 27281 Grand River Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    79004030084000
    Size
    1,599 SF
    Lot size
    0.21 Acres

    Building Details

    Year built
    1959
    Floors in Building
    1
    Building materials
    Brick
    Architectural style
    Other

    KW Realty Livingston (810) 227-5500 [email protected]

    Listing agent Brigel Lulaj (810) 227-5500

    Listing date Oct 2, 2025

    MLS# 20251042045 Listing URL

    Copyright © 2025 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Redford Restaurant Business and Property

    A well-established restaurant is available for sale in Redford, Michigan. Family-owned for over 50 years, the restaurant has a long-time following. Currently serving breakfast and lunch, there is an opportunity to incorporate dinner service. The property is situated in a great location on Grand River Avenue, benefiting from high traffic patterns and offering fantastic visibility for a growing business. The transaction includes all Furniture, Fixtures, and Equipment (FF&E) needed to operate the business. The property is zoned commercial and the lot size is 0.21 acres. The building size is 1599 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    A Good Bite

    Location Insight

    • Map
    • Local Demand
    City
    Redford
    County
    Wayne
    State
    Michigan
    Longitude
    -83.3152262
    Latitude
    42.4391969

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    FAQs

    What type of property is this?
    Restaurant - Well-established restaurant with real estate for sale in Redford, MI.
    Where is this restaurant located?
    The property is located at 27281 Grand River Ave Redford, MI.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - High-traffic location on Grand River with fantastic visibility.; - Well-established restaurant with a 50+ year history and loyal customer base.; - Includes all FF&E (furniture, fixtures, and equipment) needed to operate the business.
    (810) 227-5500
    Request Owner's contact information
    27281 Grand River Ave Redford, MI 48240
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    Redford, MI 48240
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    27281 Grand River Ave Redford, MI 48240
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