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    Dearborn, MI
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    Dearborn, MI Restaurants for Sale

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    16 properties
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    Move-In Ready Cafe9 Restaurant Space
    Updated: Apr 8
    Move-In Ready Cafe9 Restaurant Space

    5838 Schaefer Road Unit SourceFi, Dearborn, MI 48126

    $179,900
    1,000 sqft
    Fully built‑out cafe/restaurant space with a professionally designed layout and commercial hood system
    Included equipment and fixtures are part of the sale (physical space and buildout included)
    Currently operating as Cheat Treats Cafe since 2017
    Business name/brand not included—offering is for the physical space, buildout, and equipment
    No pool
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    This listing looks promising.

    Here's a quick look at some key insights for

    5838 Schaefer Road Unit SourceFi, Dearborn, MI 48126

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    • Est. Cap Rate

      7.6%
      Above avg (5.9%)

    • Est. NOI

      $14K
      Annual

    • Price @ 7% Cap

      $195K
      Above asking

    • Last Sold

      Jun 2003
      $53K

    • Property Type

      Neighborhood: Shopping Center, Strip Center, Enterprise Zone
      Built 2016
    View Property Analytics
    Full Restaurant with Patio
    Updated: Jul 16
    Full Restaurant with Patio

    22054 Michigan Avenue Unit SourceFi, Dearborn, MI 48124

    $149,900
    1,800 sqft
    Full restaurant for sale with outdoor patio
    Downtown Dearborn location
    No pool on the property
    Lot dimensions: 6060
    View details
    Built-Out Commercial Kitchen
    Built-Out Commercial Kitchen

    22701 MICHIGAN AVE, Dearborn, MI 48124

    $100,000
    1,200 sqft

    Established restaurant-ready space with storefront signage and customer parking in a busy Dearborn commercial corridor.

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    Updated Subway Restaurant Business
    Updated Subway Restaurant Business

    22905 Michigan Avenue Unit SourceFi, Dearborn, MI 48124

    $299,800
    3,166 sqft

    Subway restaurant business for sale with 2023 updates, new decor, and a long-term lease in place.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Turnkey Cafe End-Cap
    Turnkey Cafe End-Cap

    6099 Greenfield Road Unit SourceFi, Dearborn, MI 48126

    $475,000
    2,764 sqft

    Turnkey end-cap cafe with seating and a complete espresso bar setup, including major equipment and POS systems.

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    Operating Food Trailer
    Operating Food Trailer

    22271 W Village Drive, Dearborn, MI 48124

    $89,999
    200 sqft

    Mobile restaurant positioned at Peace Park in Downtown West Dearborn, near restaurants, shopping, and community events.

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    Downtown Dearborn Dessert Cafe Opportunity
    Downtown Dearborn Dessert Cafe Opportunity

    1025 Mason St, Dearborn, MI 48124

    Contact for pricing
    1,250 sqft

    Turn-key dessert cafe in high-traffic Dearborn location.

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    Turnkey Restaurant in East Dearborn
    Turnkey Restaurant in East Dearborn

    13210 Michigan Ave, Dearborn, MI 48126

    $1,200,000

    Fully updated restaurant with real estate in high-traffic location.

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    Turnkey End-Cap Coffee Shop
    Turnkey End-Cap Coffee Shop

    6099 Greenfield Road, Dearborn, MI 48126

    Contact for pricing
    2,764 sqft

    Turnkey luxury café with seating for about 80 and complete espresso and kitchen equipment included for immediate operations.

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    Al Baik Grill Restaurant
    Al Baik Grill Restaurant

    13710 W Warren Ave, Dearborn, MI 48126

    $150,000

    Established, fully equipped restaurant operation in Dearborn, Michigan.

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    Downtown Dearborn Restaurant For Sale
    Downtown Dearborn Restaurant For Sale

    22180 Michigan Ave, Dearborn, MI 48124

    Contact for pricing
    3,077 sqft

    3,077 sq ft restaurant in the heart of Dearborn.

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    Restaurant with Patio
    Restaurant with Patio

    22054 Michigan Avenue, Dearborn, MI 48124

    $149,900

    Full restaurant for sale with an outdoor patio in downtown Dearborn.

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    Established Bakery in Dearborn
    Established Bakery in Dearborn

    6412 SCHAEFER Rd, Dearborn, MI 48126

    $795,000
    0.17 AC lot

    Turn-key bakery with real estate, business, and equipment included.

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    Free-Standing Bar/Restaurant Building
    Free-Standing Bar/Restaurant Building

    10531 Wren Street, Dearborn, MI 48120

    $299,900

    Free-standing former bar building with ample parking, freeway access, and recent roof and electrical improvements.

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    Modern Restaurant with Outdoor Patio
    Modern Restaurant with Outdoor Patio

    6900 Schaefer Rd, Dearborn, MI 48126

    Contact for pricing

    Modern restaurant business sale includes a walk-in cooler, outdoor patio seating, and ample parking.

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    Turnkey Café / Restaurant Space
    Turnkey Café / Restaurant Space

    5838 Schaefer Rd, Dearborn, MI 48126

    Contact for pricing

    Move-in ready café/restaurant space with commercial hood system, fixtures, and a full included equipment lineup.

    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 16 Active listings in Dearborn, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 56 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.

    Renovated Drive-Through Restaurant
    Renovated Drive-Through Restaurant

    2630 Oakwood Blvd, Melvindale, MI 48122

    $824,999
    2,985 sqft

    2002-built drive-through restaurant renovated in 2020; current lease runs through 2030.

    View details
    Turnkey Fast Food Restaurant
    Turnkey Fast Food Restaurant

    undisclosed Boulevard, Melvindale, MI 48122

    $400,000
    1,200 sqft 0.08 AC lot

    For sale with the operating business and fully equipped restaurant setup included.

    View details
    Corner Bar with Patio For Sale
    Corner Bar with Patio For Sale

    22234 W Warren Ave, Detroit, MI 48239

    $265,000
    0.05 AC lot

    Bar and adjacent building with pool table and patio.

    View details
    Conventional Restaurant For Sale
    Conventional Restaurant For Sale

    6911 Greenfield Rd, Detroit, MI 48228

    Contact for pricing

    Restaurant property offered for sale at 6911 Greenfield Rd in Detroit.

    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.

    Detroit Land Development Opportunity
    Detroit Land Development Opportunity

    7446 W Warren Avenue, Detroit, MI 48210

    $89,900
    0.44 AC lot

    0.44-acre vacant parcel in a prime commercial corridor.

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    Vacant Land on High Traffic
    Vacant Land on High Traffic

    12800 W CHICAGO Street, Detroit, MI 48228

    Contact for pricing
    0.25 AC lot

    Vacant commercial lot ready for development in Detroit, MI.

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    Commercial Land in Growing Detroit
    Commercial Land in Growing Detroit

    1317 LAWNDALE Street, Detroit, MI 48209

    Contact for pricing
    0.08 AC lot

    Vacant commercial lot with development potential in Detroit.

    View details
    Commercial Vacant Lot
    Commercial Vacant Lot

    11614 LIVERNOIS Avenue, Detroit, MI 48204

    Contact for pricing
    0.03 AC lot

    Small development site with commercial zoning and public water availability.

    View details

    Off-Market Properties in Dearborn, MI

    Consider similar Off-Market properties in Dearborn, 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.

    23700 Michigan Ave
    BAR, TAVERN

    23700 Michigan Ave, Dearborn, MI 48124-1823

    $370,000
    Estimated value
    2,500 sqft 0.06 AC lot
    View details
    5651 Mercury Dr
    DRIVE-THRU RESTAURANT, FAST FOOD

    5651 Mercury Dr, Dearborn, MI 48126-4158

    $335,000
    Estimated value
    3,328 sqft 0.31 AC lot
    View details
    20001 Carlysle St
    RESTAURANT

    20001 Carlysle St, Dearborn, MI 48124-3803

    $185,000
    Estimated value
    1,177 sqft 0.06 AC lot
    View details
    23780 Michigan Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    23780 Michigan Ave, Dearborn, MI 48124-1823

    $385,000
    Estimated value
    2,832 sqft 0.99 AC lot
    View details
    1842 Monroe St
    RESTAURANT

    1842 Monroe St, Dearborn, MI 48124-2925

    $210,000
    Estimated value
    785 sqft 0.05 AC lot
    View details
    13800 Michigan Ave
    RESTAURANT

    13800 Michigan Ave, Dearborn, MI 48126-3522

    $230,000
    Estimated value
    1,157 sqft 0.10 AC lot
    View details
    12900 Michigan Ave
    NIGHTCLUB (COCKTAIL LOUNGE)

    12900 Michigan Ave, Dearborn, MI 48126-3552

    $610,000
    Estimated value
    5,130 sqft 0.14 AC lot
    View details
    3400 Wyoming St
    BAR, TAVERN

    3400 Wyoming St, Dearborn, MI 48120-1414

    $450,000
    Estimated value
    2,030 sqft 0.27 AC lot
    View details

    Dearborn, MI Restaurants Market Trends and Statistics

    Explore 72 restaurants for sale in Dearborn, MI, showcased through 16 active listings on our real estate platform. These investment opportunities span a total of 17,221 square feet of properties for sale, with an estimated market value of $3,889,399.

    Sale prices for restaurant properties in Dearborn, MI start at $89,999, averaging $353,581, and reaching up to $1,200,000 — 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 11
    Coffee shops 4
    Bars & Pubs 3
    Commercial kitchens 1
    Turn key restaurants 1

    Demographics Overview

    Population 108K
    Population Growth (5Y) +16.3%
    Median Household Income $62,402
    College Educated 36.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48124 $216.5K
    48120 $399.9K
    48126 $667.5K

    Taxes & Financing

    Tax Rate (average for all types) 5.36%
    Property Tax per SF $43.31 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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    • 48126
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