Conventional Restaurant

Melvindale, MI Conventional Restaurants for Sale

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Operating Drive-Through Restaurant Property
Updated: Jul 21
Operating Drive-Through Restaurant Property

undisclosed Boulevard, Melvindale, MI 48122

$400,000
1,200 sqft 0.08 AC lot
Operating fast‑food restaurant business included with the real estate
Approximately 1,200 square feet on 0.08 acres
Furniture, fixtures, and equipment included in the sale
Brick building constructed in 1950
Forced‑air heating, broadband, and cable availability
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Renovated Drive-Through Restaurant
Updated: Jun 2
Renovated Drive-Through Restaurant

2630 Oakwood Blvd, Melvindale, MI 48122

$824,999
2,985 sqft
2,985 SF retail building built in 2002
Renovated in 2020
100% occupancy
Lease expires 11‑31‑2030 with 2 five‑year options
Pylon signage
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Melvindale, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Freestanding Storefront with Restaurant
Freestanding Storefront with Restaurant

22402 Van Born Rd, Dearborn Heights, MI 48125

$1,100,000
4,000 sqft

Two-suite retail property combines a built-out restaurant with separately leased commercial space.

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Equipped Restaurant Business
Equipped Restaurant Business

3337 Greenfield, Dearborn, MI 48120

$280,000
4,000 sqft

Established operation with dining, buffet, bar, and kitchen areas available for a new or continuing concept.

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Built-Out Restaurant Space
Built-Out Restaurant Space

5838 Schaefer Road, Dearborn, MI 48126

$179,900

Includes a commercial hood system, fixtures, and a full lineup of food-service equipment.

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Turnkey Restaurant and Retail Building
Turnkey Restaurant and Retail Building

22402-22426 Van Born Rd, Dearborn Heights, MI 48125

Contact for pricing
5,300 sqft

Well-maintained retail building with restaurant and tenant-occupied suite.

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Melvindale, MI Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Melvindale, MI on our real estate platform. These investment opportunities span a total of 4,185 square feet of properties for sale, with an estimated market value of $1,224,999.

Sale prices for conventional restaurants in Melvindale, MI start at $400,000, averaging $612,499, and reaching up to $824,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 2
Drive through restaurants 2

Demographics Overview

Population 13K
Population Growth (5Y) +21.0%
Median Household Income $41,356
College Educated 22.2%

High-Yield Neighborhoods for Investment

Identify Melvindale submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
48122 $612.5K

Taxes & Financing

Tax Rate (average for all types) 8.73%
Property Tax per SF $86.45 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Wayne County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Wayne County

Office

Residential Income

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