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    32729 Northwestern Hwy Farmington, MI 48334

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    For Sale
    $3,550,000

    Former restaurant with FF&E, flexible space, high-traffic location.

    Property size:
    7,800 SF
    Lot size:
    1.65 Acres

    Property Features for 32729 Northwestern Hwy

    General Information

    Size
    7,800 SF
    Lot size
    1.65 Acres

    Source: Signature Associates Agent Marvin Petrous

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant Property For Sale

    This property, formerly a restaurant with existing FF&E, is situated adjacent to the new Holiday Inn Express Hotel and in front of Home Depot. The location benefits from great visibility along a busy traffic corridor with favorable demographics. The surrounding area includes national retailers and restaurants. The property offers flexible space use and redevelopment potential. The property size is 7,800 square feet.
    Location Intelligence

    Current Use by Public Records

    New Hellas Greek Restaurant

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Farmington
    County
    Oakland
    State
    Michigan
    Longitude
    -83.354473
    Latitude
    42.5259014

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    FAQs

    What type of property is this?
    Restaurant - Former restaurant with FF&E, flexible space, high-traffic location.
    Where is this restaurant located?
    The property is located at 32729 Northwestern Hwy Farmington, MI.
    What is the asking price?
    The asking price for this property is $3,550,000.
    What are key features of this property?
    This property features: - High-visibility location on a busy traffic corridor; - Adjacent to the new Holiday Inn Express Hotel and in front of Home Depot; - Surrounded by national retailers and restaurants
    (248) 505-4400
    Request Owner's contact information
    32729 Northwestern Hwy Farmington, MI 48334
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    Farmington, MI 48334
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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
    32729 Northwestern Hwy Farmington, MI 48334
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