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Established Conventional Restaurant with Coolers
For Sale
$575,000

2010 Springwells Street, Detroit, MI 48209

Corner-unit food business with on-site parking and commercial refrigeration equipment.

Property Size1,100 SF
Price / SF$522.73
Days on Market216

Property Features for 2010 Springwells Street

General Information

Standard status Active
Size 1,100 SF
Property subtype Commercial
Zoning Commercial, Light Industry, Office
Lease Term Cash, Conventional, Trade 1031 Exchange, Warranty Deed

Additional Details

Business Included Yes
Corner Location Yes

Taxes and HOA fees

Annual Taxes $2,375

Building Details

Building Size 1,100 SF
Year Built 1961
Stories 1
Listing Agency: Keller Williams Legacy
Listed By: Joe Jomaa · License #6501460348
Source: Sabudarealty
Added: Jan 26 Changed: Aug 28 Last Checked: Aug 29 at 10:20AM

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 Keller Williams Legacy

Investment Insights

Based on property information with market context.

The sale includes both the operating restaurant business and its corner-unit property at 2010 Springwells Street. The facility includes walk-in coolers, freezers, and additional food-service equipment, along with a parking area described as being in excellent condition. The business has operated since 1957 and serves a Coney Island-style menu that has included hot dogs, walking tacos, and other food items.

Located in Southwest Detroit’s Springwells area, the property is surrounded by family homes, schools, and parks. Delivery service is available through DoorDash, and the business maintains an online profile with a 4.7-star Google rating from nearly 700 reviews. The offering combines an established restaurant operation with the underlying real estate.

Key Highlights

  • Business and property included in the sale
  • Operating since 1957
  • Corner‑unit restaurant with on‑site parking

Property Analytics

Current Use

Family Treats Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Daycare Center Accounting Firm Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

572
Businesses Nearby
47k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 67% Dining 24% Electronics 5% Home Improvements & Furnishings 3%
Family Dollar Shops & Services
12,939 visits/mo 0.2 miles
La Carreta Dining
6,162 visits/mo 0.5 miles
BP Shops & Services
6,071 visits/mo 0.4 miles
Chase Bank Shops & Services
5,088 visits/mo 0.1 miles
O'Reilly Auto Parts Shops & Services
3,977 visits/mo 0.3 miles

Demographics for 48209, MI

27,096
Population
11,020
Households
2.5
Avg Household Size
30
Median Age
10%
College-Educated
61%
High-School Grad
6.8 sq mi
ZIP Area
3,985
Density / Sq Mi
$42,152
Median Household Income
$30,091
Median Earnings
$843
Median Rent
$82,800
Median Home Value

Market

Vacancy Rate% for Retail in Detroit, MI

7.5% 2019
9.2% 2020
8.5% 2021
7.3% 2022
7.9% 2023
7% 2024
7% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Corner-unit food business with on-site parking and commercial refrigeration equipment.
Where is this conventional restaurant located?
The property is located at 2010 Springwells Street Detroit, MI.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Business and property included in the sale; Operating since 1957; Corner‑unit restaurant with on‑site parking
More about this property
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