Restaurants

Detroit, MI Restaurants for Sale

Notify Me
List
Map
Ecorse, MI Hamtramck, MI Highland Park, MI Dearborn, MI River Rouge, MI Grosse Pointe Park, MI Hazel Park, MI Melvindale, MI
85 properties
Sort:
Gratiot Avenue Mixed-Use Building
Updated: Mar 12
Gratiot Avenue Mixed-Use Building

1494 Gratiot Ave, Detroit, MI 48207

$600,000
2,930 sqft 0.03 AC lot
Prime corner location on Gratiot's commercial corridor.
Fully occupied, cash‑flowing investment property.
Anchored by established neighborhood cafe (La Ventana Cafe).
Significant investment in MEP systems and facade.
Walking distance to Eastern Market and Downtown Detroit.
View details

This listing looks promising.

Here's a quick look at some key insights for

1494 Gratiot Ave, Detroit, MI 48207

View Property Analytics
View Property Analytics
Turnkey Restaurant with Seating
Updated: Jun 1
Turnkey Restaurant with Seating

26080 Grand River Avenue, Redford, MI 48240

$150,000
2,136 sqft 0.32 AC lot
Turnkey restaurant on Grand River Avenue (Redford Township), approx. 2,300 SF, seating up to 70 guests
On‑site parking for approx. 30 vehicles
Completely renovated top to bottom within the last year, featuring numerous updates throughout
Central A/C unit approx. 4 years old plus newer make‑up air system
Currently operating 7 days/week with hours: Mon–Fri 8 AM–8 PM and Sat–Sun 7 AM–3 PM
View details
Mixed-Use Building with Storefronts
Mixed-Use Building with Storefronts

14318 E Jefferson Avenue, Detroit, MI 48215

$749,900
5,874 sqft 0.16 AC lot

Five-unit style mixed-use building includes three storefronts and two upper apartments, with a ready-to-operate restaurant space.

View details
Detroit Entertainment Venue with Licenses
Detroit Entertainment Venue with Licenses

20771 Eight Mile W, Detroit, MI 48219

$2,495,000
8,736 sqft 0.91 AC lot

Turnkey entertainment venue with licenses on Detroit's Eight Mile.

View details
Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Turnkey Bar and Restaurant Opportunity
Turnkey Bar and Restaurant Opportunity

8867 Livernois Ave, Detroit, MI 48204

$749,900
2,600 sqft

Newly renovated bar and restaurant with liquor license and parking.

View details
Turn-Key Gentlemen's Club and Bar
Turn-Key Gentlemen's Club and Bar

13109 W Eight Mile Road, Detroit, MI 48235

$750,000
3,800 sqft 0.25 AC lot

Turn-key operation with a full food menu, spacious kitchen, and liquor and cabaret licenses.

View details
Detroit Commercial Building For Sale
Detroit Commercial Building For Sale

8443 Grand River Ave, Detroit, MI

$850,000
13,000 sqft 0.31 AC lot

13,000 SF building in Detroit's growing neighborhood.

View details
Convenience Store with Restaurant Setup
Convenience Store with Restaurant Setup

555 Detroit, Detroit, MI 48205

$850,000

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

View details
Turnkey Restaurant Opportunity on Warren
Turnkey Restaurant Opportunity on Warren

17420 E Warren Ave, Detroit, MI 48224

$749,000
4,980 sqft

Freestanding restaurant with commercial kitchen, parking, and high visibility.

View details
Renovated Commercial Property in Detroit
Renovated Commercial Property in Detroit

611 W Philadelphia St, Detroit, MI 48202

$899,999
0.25 AC lot

Versatile, renovated commercial property in Detroit's evolving North End neighborhood.

View details
Turnkey Detroit Bar/Restaurant/Nightclub Venue
Turnkey Detroit Bar/Restaurant/Nightclub Venue

14925 Livernois Ave, Detroit, MI 48238

$750,000

Remodeled entertainment venue in Detroit, ready for immediate operation.

View details
Fully Leased Midtown Investment Property
Fully Leased Midtown Investment Property

4200 Woodward Ave, Detroit, MI 48201

$1,250,000

100% occupied mixed-use property in Midtown Detroit.

View details
Remodeled Multi-Use Commercial Building
Remodeled Multi-Use Commercial Building

12869 W Artesian St, Detroit, MI 48223

$1,300,000

Turn-key event space with commercial kitchen and flexible layout.

View details
Renovated Turn-Key Commercial Building
Renovated Turn-Key Commercial Building

19600 Joy Rd, Detroit, MI 48228

$259,900
2,000 sqft 0.05 AC lot

2,000 sq ft renovated commercial building in Detroit's Warrendale neighborhood.

View details
Detroit Bar, Nightclub, and Restaurant
Detroit Bar, Nightclub, and Restaurant

6538 Michigan Ave, Detroit, MI 48210

$600,000

Two-story bar, nightclub, and restaurant in Southwest Detroit.

View details
Detroit Event Center with Barbershop
Detroit Event Center with Barbershop

19612 SCHOENHERR St, Detroit, MI 48205

$275,000
4,200 sqft

Versatile 4,200 sq ft Detroit property with income potential.

View details
Entertainment Hall with Parking Lot
Entertainment Hall with Parking Lot

13001 WARREN Ave, Detroit, MI 48215

$150,000

High-traffic site with an ample parking lot, suited for entertainment, carryout dining, gaming, or worship uses.

View details
Versatile Mixed-Use Property on Grand River
Versatile Mixed-Use Property on Grand River

23806 Grand River Ave, Detroit, MI 48204

$200,000
3,250 sqft

Mixed-use property with flexible layout, ample parking, high-traffic location.

View details
Detroit Retail Opportunity on Gratiot
Detroit Retail Opportunity on Gratiot

10075 Gratiot Ave, Detroit, MI 48213

$125,000
3,383 sqft

3,383 SF retail building in a high-traffic Detroit location.

View details
Established Restaurant on Grand River
Established Restaurant on Grand River

27281 Grand River Ave, Redford, MI 48240

$400,000
0.21 AC lot

Well-established restaurant with high visibility on Grand River Avenue.

View details
Restaurant/Banquet Hall Opportunity
Restaurant/Banquet Hall Opportunity

11233 Morang Dr, Detroit, MI 48224

$225,000

Restaurant with full kitchen, banquet hall, and living space.

View details
Freestanding Drive-Through Restaurant
Freestanding Drive-Through Restaurant

11288 Gratiot Ave, Detroit, MI 48213

$350,000
2,000 sqft 0.54 AC lot

Freestanding building with drive-thru infrastructure, ample parking, and significant frontage along a major commercial corridor.

View details
Detroit Commercial Building with Parking
Detroit Commercial Building with Parking

10315 Linwood Street, Detroit, MI 48206

$150,000
2,459 sqft 0.16 AC lot

Spacious commercial building with dual cooking hoods and parking lot.

View details
Mixed-Use Retail & Residential Building
Mixed-Use Retail & Residential Building

8116 Kercheval Ave, Detroit, MI 48214

$1,190,000

Fully renovated mixed-use property with leased ground-floor retail and income-producing short-term rentals above.

View details

Detroit, MI Restaurants Market Trends and Statistics

Explore 85 restaurants for sale in Detroit, MI, showcased through 85 active listings on our real estate platform. These investment opportunities span a total of 363,829 square feet of properties for sale, with an estimated market value of $46,548,606.

Sale prices for restaurant properties in Detroit, MI start at $79,900, averaging $612,481, and reaching up to $5,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List
Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 44
Bars & Pubs 27
Drive through restaurants 16
Commercial kitchens 8
Coffee shops 5

Demographics Overview

Population 850K
Population Growth (5Y) -4.2%
Median Household Income $48,716
College Educated 21.2%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
Highland Park $200K
Hamtramck $250K
Redford $265K
Detroit $685.3K

Taxes & Financing

Tax Rate (average for all types) 3.32%
Property Tax per SF $36.71 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)

Property Size Breakdown

The majority of commercial real estate listings in Detroit fall within the 10,000 to 25,000 square foot range.

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings