Established Restaurant in Corktown
For Sale
$520,000
1360 W Fort St, Detroit, MI 48226
Thriving restaurant business and real estate in Detroit's Corktown.
Property Size250 SF
Lot Size0.07 Acres
Days on Market176
Property Features for 1360 W Fort St
General Information
Standard status
Active
Size
250 SF
Lot size
0.07 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$3,762
Building Details
Building Size
250 SF
Year Built
1960
Listing Agency:
Dorsett Brokerage Development & Mgmt Group LLC
Listed By:
Jamel Dorsett
(313) 622-8292
Source:
Elliman
Added: Mar 11
Changed: Aug 28
Last Checked: Sep 1 at 10:41PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dorsett Brokerage Development & Mgmt Group LLC
Investment Insights
Based on property information with market context.
Located at 1360 W Fort Street in Detroit’s Corktown district, this property presents an opportunity to own an established restaurant business and real estate. The location has been home to a thriving restaurant for over 35 years, attracting locals, professionals, and visitors. The property is situated near major roads and expressways, providing access to the Detroit Riverfront, downtown, and the new Gordie Howe International Bridge development. The surrounding area is experiencing growth with new restaurants, retail spaces, and residential projects. The property includes a retail store located inside the restaurant, which can be leased for additional revenue. It features a dine-in seating area, a self-serve station, and a fully equipped commercial kitchen. All appliances and mechanicals are in well-maintained condition. The site offers a turnkey opportunity with established customer flow for continuing the existing business or launching a new concept. The property also offers potential for building upward or expanding on this corner location. The business and real estate are sold together.
Key Highlights
- Established restaurant business and real estate in Detroit's Corktown.
- Turnkey opportunity with a fully equipped commercial kitchen and spacious dine‑in area.**
- High‑traffic location with established customer flow for over 35 years.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,295
Businesses Nearby
27k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 50%
Dining 42%
Home Improvements & Furnishings 8%
Cambria Hotel Detroit Downtown
Hotels & Casinos
13,247 visits/mo
0.4 miles
Burger King
Dining
11,274 visits/mo
0.1 miles
Grainger
Home Improvements & Furnishings
2,031 visits/mo
0.2 miles
Demographics for 48226, MI
6,307
Population
5,160
Households
1.2
Avg Household Size
37
Median Age
53%
College-Educated
93%
High-School Grad
1.2 sq mi
ZIP Area
5,256
Density / Sq Mi
$69,813
Median Household Income
$60,957
Median Earnings
$1,714
Median Rent
$307,700
Median Home Value
Market
Vacancy Rate% for Retail in Detroit, MI
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Thriving restaurant business and real estate in Detroit's Corktown.
Where is this conventional restaurant located?
The property is located at 1360 W Fort St Detroit, MI.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: Established restaurant business and real estate in Detroit's Corktown.; Turnkey opportunity with a fully equipped commercial kitchen and spacious dine‑in area.**; High‑traffic location with established customer flow for over 35 years.
