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Freestanding Restaurant and Bar
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39550 Seven Mile Road, Northville, MI 48167

Freestanding restaurant and bar with exceptional corner visibility, ample parking, and recent HVAC upgrades.

Space Size7,406 SF
Days on Market94

Property Features for 39550 Seven Mile Road

General Information

Standard status Active
Size 7,406 SF
Property subtype Retail

Additional Details

Business Included Yes

Building Details

Building Size 7,406 SF
Year Built 1998

Spaces For Lease

at 39550 Seven Mile Road Contact us

39550 $45/SF/Yr

Size
7,406 SF
Term
Negotiable
Contact us
Listed By: Steve Valli
Source: Thomasduke
Added: Jun 2 Changed: Sep 2 Last Checked: Sep 2 at 2:48PM

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 Steve Valli

Investment Insights

Based on property information with market context.

This freestanding restaurant and bar building is a turnkey operating asset, currently housing Gaucho Steakhouse. The property includes a total of 7,406 SF with all furniture, fixtures, and equipment (FF&E) included, supporting an efficient transition for a qualified buyer or operator. An additional 2,488 SF lower level offers flexibility for storage or private event space. The site also benefits from ample parking, and there are five new HVAC units installed within the past two years.

Located at the northwest corner of 7 Mile and Haggerty Roads in the heart of Northville, the property enjoys strong visibility and convenient access in a signalized intersection. The surrounding area is described as one of the area’s most active retail and restaurant corridors, positioning the building for consistent customer draw.

With its established restaurant concept, turnkey interior and equipment package, and adaptable lower-level space, this property is well suited for hospitality operators looking to open quickly or maintain continuity. Availability for sale or lease also provides flexibility for investors or restaurant groups evaluating an acquisition or long-term tenancy in a high-traffic neighborhood retail environment.

Key Highlights

  • Freestanding 7,406 SF restaurant and bar building (built 1998) currently operating as Gaucho Steakhouse
  • Located at the northwest corner of 7 Mile and Haggerty Roads, at a signalized intersection with high‑traffic retail/restaurant access
  • Includes 2,488 SF lower level for storage or private event space

Property Analytics

Current Use

Gaucho Steakhouse Restaurant

Suggested Use

Top Pick Building Supply Auto Repair Shop Auto Parts Store Big Box & Wholesale Store HVAC Service 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
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

781
Businesses Nearby
328k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 31% Groceries 21% Shops & Services 19% Home Improvements & Furnishings 15%
Trader Joe's Groceries
69,856 visits/mo 0.2 miles
Costco Gasoline Shops & Services
57,290 visits/mo 0.5 miles
The Home Depot Home Improvements & Furnishings
45,519 visits/mo 0.1 miles
AMC Livonia 20 Leisure
34,419 visits/mo 0.3 miles
BJ's Restaurant and Brewhouse Dining
28,551 visits/mo 0.2 miles

Demographics for 48167, MI

25,071
Population
10,776
Households
2.3
Avg Household Size
43
Median Age
59%
College-Educated
98%
High-School Grad
19.4 sq mi
ZIP Area
1,292
Density / Sq Mi
$118,378
Median Household Income
$68,761
Median Earnings
$1,580
Median Rent
$430,500
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Freestanding restaurant and bar with exceptional corner visibility, ample parking, and recent HVAC upgrades.
Where is this conventional restaurant located?
The property is located at 39550 Seven Mile Road Northville, MI.
What are key features of this property?
This property features: Freestanding 7,406 SF restaurant and bar building (built 1998) currently operating as Gaucho Steakhouse; Located at the northwest corner of 7 Mile and Haggerty Roads, at a signalized intersection with high‑traffic retail/restaurant access; Includes 2,488 SF lower level for storage or private event space
More about this property
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