Turnkey Restaurant Opportunity on
For Sale
$595,000
17420 E Warren Ave, Detroit, MI 48224
Freestanding restaurant with commercial kitchen, parking, and high visibility.
Property Size4,980 SF
Price / SF$119.48
Days on Market164
Property Features for 17420 E Warren Ave
General Information
Standard status
Active
Size
4,980 SF
Taxes and HOA fees
Annual Taxes
$5,356
Listing Agency:
Leboursia Realty Group
Listed By:
Quinnon L Martin III · License #6501179804
(313) 861-2626
Source:
Exprealty
Added: Apr 22
Changed: Sep 16
Last Checked: Oct 1 at 2:37PM
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 Leboursia Realty Group
Investment Insights
Based on property information with market context.
This high-visibility, freestanding restaurant property is located on busy E. Warren near Cadieux. The property features a spacious dining area, a commercial kitchen setup, and on-site parking. It is suitable for a sit-down restaurant, carry-out business, or franchise concept. The location is surrounded by established neighborhoods and local businesses, providing strong customer traffic and growth potential. The property is also suitable for catering and banquet facilities. The building size is 4,980 square feet.
Key Highlights
- Turnkey restaurant opportunity, ready for immediate operation.
- High‑visibility location on busy E. Warren, attracting significant customer traffic.
- Spacious dining area and fully equipped commercial kitchen.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
767
Businesses Nearby
94k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 50%
Dining 33%
Home Improvements & Furnishings 17%
Great Lakes Ace
Home Improvements & Furnishings
15,015 visits/mo
0.5 miles
Starbucks
Dining
14,497 visits/mo
0.4 miles
Dollar Tree
Shops & Services
14,317 visits/mo
0.3 miles
Chipotle Mexican Grill
Dining
14,046 visits/mo
0.4 miles
BP
Shops & Services
7,852 visits/mo
0.4 miles
Demographics for 48224, MI
39,633
Population
16,786
Households
2.4
Avg Household Size
33
Median Age
14%
College-Educated
84%
High-School Grad
5.8 sq mi
ZIP Area
6,833
Density / Sq Mi
$42,963
Median Household Income
$30,997
Median Earnings
$1,213
Median Rent
$77,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Detroit, MI
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Frequently Asked Questions
What type of property is this?
Restaurant - Freestanding restaurant with commercial kitchen, parking, and high visibility.
Where is this restaurant located?
The property is located at 17420 E Warren Ave Detroit, MI.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Turnkey restaurant opportunity, ready for immediate operation.; High‑visibility location on busy E. Warren, attracting significant customer traffic.; Spacious dining area and fully equipped commercial kitchen.
