555 Detroit Detroit, MI 48205

Building Details

Year Built

1955

Listing agency Keller Williams Home d***@kw.com Show Phone

Listed by Dairek Yaldoo · License #375066 Show Phone

Source Elliman

Added: Jun 3 Updated: Jul 10 at 1:50PM Checked: Jul 21 at 8:49AM

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Investment Insights

Based on property information with market context.

This established convenience store is positioned as a turnkey opportunity with an in-place restaurant setup located inside the store. The property is currently not fully operating the restaurant portion, creating a straightforward path for a new operator to activate the existing setup.

Located in a Detroit commercial corridor in Wayne County, the site is described as having excellent visibility and steady daily traffic. On-site parking is included to support customer convenience.

For an owner-operator or investor, the combination of a working convenience business and an existing restaurant layout can support practical day-to-day operations under one roof. The restaurant area is ready for a new operator to begin full operation, using the existing interior configuration rather than building from scratch. The property’s stated annual sales of over $1.2 million provide additional context for the property’s established role in the local retail mix, with buyer focus on operational execution for the restaurant component.

Key Highlights

• Established convenience store built in 1955 on a high‑traffic commercial corridor in Detroit
• Over $1.2 million in annual sales
• In‑place restaurant setup inside the store, currently not fully operating and ready for a new operator

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FAQs

What type of property is this?

Grocery and convenience store - Established convenience store with an in-place restaurant setup, offering a ready-to-operate option for a new operator.

Where is this grocery and convenience store located?

The property is located at 555 Detroit Detroit, MI.

What is the asking price?

The asking price for this property is $850,000.

What are key features of this property?

This property features: Established convenience store built in 1955 on a high‑traffic commercial corridor in Detroit; Over $1.2 million in annual sales; In‑place restaurant setup inside the store, currently not fully operating and ready for a new operator