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Updated Subway Restaurant Business
For Sale
$299,800

22905 MICHIGAN AVE, Dearborn, MI 48124

Subway restaurant business for sale with 2023 updates, new decor, and a long-term lease in place.

Property Size3,166 SF
Price / SF$94.69
Days on Market123

Property Features for 22905 MICHIGAN AVE

General Information

Standard status Active
Size 3,166 SF
Property subtype Industrial

Amenities

3
Asphalt
145100

Building Details

Year Built 19
Listing Agency: Century 21 Curran & Oberski
Listed By: Bill Darwich · License #6501368264
Source: Xome
Added: Apr 20 Changed: Aug 16 Last Checked: Aug 20 at 5:28AM

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 Century 21 Curran & Oberski

Investment Insights

Based on property information with market context.

Subway restaurant business for sale featuring updates completed in 2023, including new Subway d34cor and some new equipment. A long-term lease is in place, supporting continuity of operations for a new owner.

Located on Michigan Avenue near downtown in Dearborn, the site is surrounded by a mix of larger retailers, including Biggby Coffee, Kroger, Marshalls, and others, as noted in the seller’s remarks.

This offering is presented as a restaurant business sale with an active leased location, with recent interior refreshes and select equipment improvements.

Key Highlights

  • Subway restaurant business for sale in West Dearborn on Michigan Ave near Downtown
  • Updated in 2023 with new Subway de9cor
  • Includes some new equipment

Property Analytics

Current Use

Tropical Smoothie Cafe Restaurant Subway Restaurant Fresh Subs Dearborn Restaurant

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Storage Facility Kitchen & Bath Showroom Electrical Service Garden Center

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

Location Intelligence

Trade Area within ½ mile

1,296
Businesses Nearby
279k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 34% Groceries 24% Apparel 17% Dining 10%
Kroger Groceries
68,288 visits/mo 0.2 miles
Marshalls Apparel
32,809 visits/mo 0.1 miles
Staples Office Supplies
17,789 visits/mo 0.1 miles
Dollar Tree Shops & Services
16,340 visits/mo 0.2 miles
Five Below Shops & Services
13,301 visits/mo 0.1 miles

Demographics for 48124, MI

34,134
Population
14,787
Households
2.3
Avg Household Size
39
Median Age
40%
College-Educated
94%
High-School Grad
8.8 sq mi
ZIP Area
3,879
Density / Sq Mi
$78,353
Median Household Income
$49,103
Median Earnings
$1,280
Median Rent
$192,100
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Subway restaurant business for sale with 2023 updates, new decor, and a long-term lease in place.
Where is this conventional restaurant located?
The property is located at 22905 MICHIGAN AVE Dearborn, MI.
What is the asking price?
The asking price for this property is $299,800.
What are key features of this property?
This property features: Subway restaurant business for sale in West Dearborn on Michigan Ave near Downtown; Updated in 2023 with new Subway de9cor; Includes some new equipment
More about this property
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