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    Canton, MI Restaurants for Sale

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    Bakery Ready for New Owner
    Updated: Jun 6, 2024
    Bakery Ready for New Owner

    844 N WAYNE Road, Westland, MI 48185

    $425,000
    2,718 sqft 0.26 AC lot
    Prime location in a high‑density residential area with main road exposure.
    Equipped kitchen with a hood.
    Newly repaved parking lot.
    High ceilings throughout the property.
    Monument signage.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    844 N WAYNE Road, Westland City, MI 48185

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    • Est. Cap Rate

      8.3%
      Above avg (5.9%)

    • Est. NOI

      $35K
      Annual

    • Price @ 7% Cap

      $503K
      Above asking

    • Property Type

      Retail Stores
      Built 1991
    View Property Analytics
    Carrabba's Italian Grill For Sale
    Updated: Mar 26
    Carrabba's Italian Grill For Sale

    1900 N Haggerty Rd, Canton, MI 48187

    $3,493,200
    6,511 sqft 1.98 AC lot
    Absolute NNN lease requiring minimal landlord responsibilities.
    Corporate guaranty from Bloomin’ Brands, Inc.
    ±6.2 years of primary lease term remaining with four 5‑year renewal options.
    Located in Canton, MI, part of the Detroit‑Warren‑Dearborn, MI MSA (Population: 4.4 Million).
    Rent increases annually by the lesser of (i) 1.75% or (ii) 1.7 times the CPI increase.
    View details
    Turnkey Restaurant Opportunity in Canton
    Turnkey Restaurant Opportunity in Canton

    41275 Ford Rd, Canton, MI 48187

    $2,100,000
    3,600 sqft 0.68 AC lot

    Freestanding restaurant in high-traffic area near I-275.

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    Turnkey Subway Restaurant
    Turnkey Subway Restaurant

    45555 Michigan Avenue, Canton, MI 48188

    $165,000

    Subway restaurant with a lease in place through 2035 and no required remodel until 2029, located within Walmart’s traffic.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Ford Road Redevelopment Opportunity
    Ford Road Redevelopment Opportunity

    37623 FORD Rd, Westland, MI 48185

    $650,000
    0.69 AC lot

    Property on Ford Road with high traffic volume.

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    Operating Coney Restaurant
    Operating Coney Restaurant

    35495 Ford Rd, Westland, MI 48185

    Contact for pricing

    Operating Coney Restaurant available for sale on Ford Road in Westland.

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    Westland Retail Hub For Sale
    Westland Retail Hub For Sale

    6005-6095 N. Wayne Road, Westland, Westland, MI 48185

    Contact for pricing

    Retail hub in Westland with high traffic and visibility.

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    Established Cafe Business Opportunity
    Established Cafe Business Opportunity

    50166-50296 Cherry Hill Rd, Canton, MI

    $40,000
    1,087 sqft 0.69 AC lot

    Turnkey cafe business for sale with all fixtures included.

    View details
    Based on your search, we've compiled 75 Potential Opportunities for your consideration. Besides 8 Active listings in Canton, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Turnkey Restaurant with Fully Equipped Kitchen
    Turnkey Restaurant with Fully Equipped Kitchen

    34708 Plymouth Road Unit SourceFi, Livonia, MI 48150

    $275,000
    10,000 sqft

    Turnkey restaurant for sale with fully equipped kitchen and included walk-in cooler and freezer.

    View details
    Franchise Pizzeria with Full Bar
    Franchise Pizzeria with Full Bar

    36131 Plymouth Road, Livonia, MI 48150

    $500,000
    2,800 sqft

    A recently built restaurant space with a full bar liquor setup and a pizzeria franchise concept.

    View details
    Turnkey Retail Space with New Equipment
    Turnkey Retail Space with New Equipment

    4502 S Wayne Rd, Wayne, MI 48184

    $549,900

    Newly remodeled retail space with brand-new equipment, ready for immediate occupancy.

    View details
    Wayne Event Venue For Sale
    Wayne Event Venue For Sale

    35000 Sims St, Wayne, MI 48184

    $1,850,000

    Turn-key event venue in Wayne, MI, accommodates up to 400 guests.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land on Haggerty Road
    Commercial Land on Haggerty Road

    Haggerty, Canton, MI 48188

    $400,000
    2.23 AC lot

    2.23 acres of commercial land in Canton, Michigan.

    View details
    Prime Corner Commercial Land Available
    Prime Corner Commercial Land Available

    7125 N LILLEY Road, Canton Twp, MI 48187

    $550,000
    0.60 AC lot

    0.60-acre vacant lot on a hard corner in Canton.

    View details
    Prime Commercial Land in Westland
    Prime Commercial Land in Westland

    7051 N Wayne Rd, Westland, MI 48185

    Contact for pricing

    Hard corner lot with high traffic, ideal for retail.

    View details
    Prime Retail Investment Opportunity
    Prime Retail Investment Opportunity

    35164 W Michigan Ave |, Wayne, MI 48184

    Contact for pricing
    0.50 AC lot

    0.50-acre parcel in a Qualified Opportunity Zone.

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    Off-Market Properties in Canton, MI

    Consider similar Off-Market properties in Canton, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    39895 Frd Rd
    RESTAURANT

    39895 Frd Rd, Canton, MI 48187-4319

    $3,295,000
    Estimated value
    7,912 sqft 1.47 AC lot
    View details
    45455 Michigan Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    45455 Michigan Ave, Canton, MI 48188-2308

    $700,000
    Estimated value
    7,560 sqft 2.69 AC lot
    View details
    44250 Frd Rd
    RESTAURANT

    44250 Frd Rd, Canton, MI 48187-3170

    $2,485,000
    Estimated value
    6,556 sqft 1.80 AC lot
    View details
    6166 Canton Ctr Rd
    RESTAURANT

    6166 Canton Ctr Rd, Canton, MI 48187-2663

    $815,000
    Estimated value
    4,092 sqft 0.76 AC lot
    View details
    2100 Haggerty Rd
    RESTAURANT

    2100 Haggerty Rd, Canton, MI 48187-3767

    $1,790,000
    Estimated value
    6,861 sqft 1.71 AC lot
    View details
    40210 Michigan Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    40210 Michigan Ave, Canton, MI 48188-2906

    $1,690,000
    Estimated value
    3,320 sqft 1.09 AC lot
    View details
    45660 Michigan Ave
    RESTAURANT

    45660 Michigan Ave, Canton, MI 48188-2472

    $2,245,000
    Estimated value
    6,639 sqft 3.32 AC lot
    View details
    42030 Michigan Ave
    RESTAURANT

    42030 Michigan Ave, Canton, MI 48188-2600

    Value Estimation by Request
    1,925 sqft 0.26 AC lot
    View details
    41680 Frd Rd
    RESTAURANT

    41680 Frd Rd, Canton, MI 48187-3652

    $1,775,000
    Estimated value
    5,954 sqft 1.39 AC lot
    View details
    5946 Sheldon Rd
    RESTAURANT

    5946 Sheldon Rd, Canton, MI 48187-3154

    $1,535,000
    Estimated value
    4,335 sqft 0.90 AC lot
    View details
    44995 Frd Rd
    RESTAURANT

    44995 Frd Rd, Canton, MI 48187-2940

    $900,000
    Estimated value
    2,376 sqft 1.05 AC lot
    View details
    41670 Frd Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    41670 Frd Rd, Canton, MI 48187-3652

    $680,000
    Estimated value
    1,798 sqft 0.86 AC lot
    View details
    41601 Frd Rd
    RESTAURANT

    41601 Frd Rd, Canton, MI 48187-3653

    $3,505,000
    Estimated value
    9,536 sqft 3.61 AC lot
    View details
    39605 Frd Rd
    RESTAURANT

    39605 Frd Rd, Canton, MI 48187-4428

    $2,230,000
    Estimated value
    8,288 sqft 2.39 AC lot
    View details
    42000 Frd Rd
    RESTAURANT

    42000 Frd Rd, Canton, MI 48187-3646

    $1,875,000
    Estimated value
    5,292 sqft 1.09 AC lot
    View details
    2234 Canton Ctr Rd
    RESTAURANT

    2234 Canton Ctr Rd, Canton, MI 48187-2906

    $2,305,000
    Estimated value
    7,298 sqft 1.81 AC lot
    View details

    Canton, MI Restaurants Market Trends and Statistics

    Explore 67 restaurants for sale in Canton, MI, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 13,916 square feet of properties for sale, with an estimated market value of $6,873,200.

    Sale prices for restaurant properties in Canton, MI start at $40,000, averaging $1,145,533, and reaching up to $3,493,200 — 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 4
    Coffee shops 1

    Demographics Overview

    Population 98K
    Population Growth (5Y) +7.8%
    Median Household Income $118,006
    College Educated 78.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48187 $3.5M

    Taxes & Financing

    Tax Rate (average for all types) 4.39%
    Property Tax per SF $81.29 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)

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    • 48187
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