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Restaurant Space for Lease
For Lease
$4,500/Mo

28407 5 Mile Road, Livonia, MI 48154

Restaurant space available for lease at 28407 5 Mile Road in Livonia, Michigan.

Space SizeContact for details
Days on Market15

Property Features for 28407 5 Mile Road

General Information

Standard status Active

Building Details

Year Built 1960
Listing Agency: Keller Williams Legacy
Listed By: Mujtaba Sanad · License #6501410189
Source: Thebrokeragehouse
Added: Jul 22 Changed: Jul 24 Last Checked: Aug 5 at 2:17PM

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.

Restaurant space is available for lease at 28407 5 Mile Road in Livonia, Michigan.

The offering is identified for conventional restaurant use and is being marketed as commercial real estate for rent. The current asking rent is $4,500.

Additional building details such as size, layout, equipment, or condition were not provided with the listing information, so interested parties should confirm specifications directly with the leasing broker before scheduling a tour.

Key Highlights

  • Restaurant space for lease at 28407 5 Mile Road in Livonia, Michigan
  • Building year built: 1960

Property Analytics

Current Use

City Gourmet Restaurant Broadway Diner Restaurant

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Electrical Service Barber Shop Furniture & Home Goods Daycare 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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

545
Businesses Nearby
8k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 55% Home Improvements & Furnishings 36% Dining 9%
Community Choice Credit Union Shops & Services
4,312 visits/mo 0.2 miles
True Value Hardware Home Improvements & Furnishings
2,859 visits/mo 0.0 miles
Hungry Howie's Pizza Dining
734 visits/mo 0.1 miles

Demographics for 48154, MI

37,864
Population
15,330
Households
2.5
Avg Household Size
47
Median Age
44%
College-Educated
95%
High-School Grad
11.6 sq mi
ZIP Area
3,264
Density / Sq Mi
$103,763
Median Household Income
$59,017
Median Earnings
$1,197
Median Rent
$285,800
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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Similar Off Market Nearby

  • Golden Palace Buffet 29583 Five Mile Rd, Livonia, MI 48154

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant space available for lease at 28407 5 Mile Road in Livonia, Michigan.
Where is this conventional restaurant located?
The property is located at 28407 5 Mile Road Livonia, MI.
What is the lease rate?
The lease rate is $4,500/Mo.
What are key features of this property?
This property features: Restaurant space for lease at 28407 5 Mile Road in Livonia, Michigan; Building year built: 1960
More about this property
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