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    13342 Michigan Ave Dearborn, MI 48126

    For Sale
    $149,999

    Landmark restaurant with loyal customer base and prime location.

    Lot size:
    0.05 Acres

    Property Features for 13342 Michigan Ave

    General Information

    Lot size
    0.05 Acres

    Building Details

    Year built
    1925

    Source: Simon & Associates Real Estate Agent Simon Saleh

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

    Overview

    Established Dearborn Restaurant For Sale

    Established in 1982, Joe's Top Dog Restaurant is available for sale after over 40 years of continuous operation. Located on Michigan Avenue, this diner is known for its coney dogs and breakfast plates. The business has a community reputation for quality and friendly service, managed by Joe and his family since its founding. The restaurant benefits from weekday breakfast and lunch traffic and catering potential. The property is located in Dearborn's East Village corridor, offering visibility.
    Insight Report Location Intelligence

    Current Use by Public Records

    Joe's Top Dog ... Breakfast Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Dearborn
    County
    Wayne
    State
    Michigan
    Longitude
    -83.174803
    Latitude
    42.322557

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    FAQs

    What type of property is this?
    Restaurant - Landmark restaurant with loyal customer base and prime location.
    Where is this restaurant located?
    The property is located at 13342 Michigan Ave Dearborn, MI.
    What is the asking price?
    The asking price for this property is $149,999.
    What are key features of this property?
    This property features: - Established restaurant with a 40+ year operating history and proven profitability.; - Prime location on busy Michigan Avenue in Dearborn's East Village corridor.; - Strong community reputation for quality food and friendly service.
    (248) 635-2880
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    Dearborn, MI 48126
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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
    13342 Michigan Ave Dearborn, MI 48126
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