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    1350 W Fort St Detroit, MI 48226

    For Sale
    $870,000

    Long-standing restaurant in Detroit's downtown with development potential.

    Property size:
    2,417 SF
    Lot size:
    0.15 Acres

    Property Features for 1350 W Fort St

    General Information

    Size
    2,417 SF
    Lot size
    0.15 Acres

    Source: Keller Williams Living Agent Brigs Lulaj

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

    Overview

    Established Restaurant in Downtown Detroit

    This restaurant building, operating for over 26 years, has been owned and maintained by the same family, establishing a respected name within the community. Situated in Downtown Detroit, the location benefits from ongoing developments in the city. Currently, the restaurant operates for breakfast and lunch, with a strong base of regular customers. It previously offered dinner service and 24-hour service, catering to the downtown area's nightlife. The property size is 2417 square feet. This presents an opportunity to own a business with an existing operational foundation.
    Insight Report Location Intelligence

    Current Use by Public Records

    King Grill American Restaurant

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

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

    Similar Places Nearby

    Crane´s Catering, The Kitchen Gnome, Johnson Angela, Eurest Detroit

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.0603544
    Latitude
    42.3254624

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    FAQs

    What type of property is this?
    Restaurant - Long-standing restaurant in Detroit's downtown with development potential.
    Where is this restaurant located?
    The property is located at 1350 W Fort St Detroit, MI.
    What is the asking price?
    The asking price for this property is $870,000.
    What are key features of this property?
    This property features: - Established restaurant with a strong reputation in the community for over 26 years.; - Prime location in Downtown Detroit, benefiting from new developments.; - Existing strong breakfast and lunch clientele provides immediate income.
    (586) 443-1618
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    Detroit, MI 48226
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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
    1350 W Fort St Detroit, MI 48226
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