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    Farwell, MI Restaurants for Sale

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    Turnkey Restaurant Opportunity on Warren
    Updated: Apr 22
    Turnkey Restaurant Opportunity on Warren

    17420 E Warren Ave, Detroit, MI 48224

    $749,000
    4,980 sqft
    Turnkey restaurant opportunity, ready for immediate operation.
    High‑visibility location on busy E. Warren, attracting significant customer traffic.
    Spacious dining area and fully equipped commercial kitchen.
    Onsite parking for customer convenience.
    Suitable for various restaurant concepts: sit‑down, carry‑out, or franchise.
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    This listing looks promising.

    Here's a quick look at some key insights for

    17420 E Warren Ave, Detroit, MI

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    • Est. Cap Rate

      8.8%
      Above avg (5.9%)

    • Est. NOI

      $66K
      Annual

    • Price @ 7% Cap

      $939K
      Above asking

    • Property Type

      Restaurant
      Built 1976
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    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
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    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.

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    Former Restaurant and Retail Space
    Former Restaurant and Retail Space

    15921 W Seven Mile Road, Detroit, MI 48235

    $375,000
    3,000 sqft 0.09 AC lot

    Versatile commercial property previously used as a restaurant and barber shop, offering flexible retail/operational use.

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    Turnkey Liquor Store and Hot Food
    Turnkey Liquor Store and Hot Food

    16810 Joy Road, Detroit, MI 48228

    $1,700,000
    5,000 sqft

    Newly reconstructed liquor store with a modern hot food operation, including a state-of-the-art kitchen and brand-new refrigeration.

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    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.

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    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.

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    Mixed-Use Multi-Structure Property
    Mixed-Use Multi-Structure Property

    3003 E Grand Boulevard, Detroit, MI 48202

    $735,000
    5,948 sqft

    Three separate structures on one parcel with SB2 zoning support flexible mixed-use development in Detroit.

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    Former Bar with Michigan Avenue Frontage
    Former Bar with Michigan Avenue Frontage

    2334 Michigan Ave, Detroit, MI 48216

    $562,500
    2,700 sqft 0.21 AC lot

    Former 2,700-square-foot bar on a 9,017-square-foot site with prominent Michigan Avenue frontage in Corktown.

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    Restaurant and Banquet Venue
    Restaurant and Banquet Venue

    12712 Plymouth Rd, Detroit, MI 48227

    $280,000
    4,000 sqft 0.22 AC lot

    4,000 sq. ft. banquet and full-service restaurant with a fully equipped commercial kitchen and modern renovations on a paved lot.

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    Creative Mixed-Use Venue Building
    Creative Mixed-Use Venue Building

    2905 Beaufait St, Detroit, MI 48207

    $1,750,000
    22,000 sqft

    Renovated 1942 building with open event space, café/bar infrastructure, private offices, and an outdoor courtyard.

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    Turnkey Restaurant with Built-In Kitchen
    Turnkey Restaurant with Built-In Kitchen

    8140 Michigan Avenue Unit SourceFi, Detroit, MI 48210

    $1,300,000
    4,300 sqft

    Turnkey restaurant with a fully built-out kitchen and an included Wayne County Class C liquor license attached to the building.

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    Convenience Store with In-Store Setup
    Convenience Store with In-Store Setup

    555 Detroit Unit SourceFi, Detroit, MI 48205

    $850,000
    4,000 sqft

    Established convenience store with an in-place, partially operating restaurant setup and on-site customer parking.

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    Turnkey Event Venue with Kitchen
    Turnkey Event Venue with Kitchen

    W 12869 W Artesian Street Unit SourceFi, Detroit, MI 48223

    $1,300,000
    7,500 sqft

    Remodeled multi-use building with a full-service commercial kitchen, front office/reception area, and fenced yard with remote gate.

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    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.

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    Historic Bank Branch with Parking
    Historic Bank Branch with Parking

    9137 Linwood Street, Detroit, MI 48206

    $299,999
    6,284 sqft

    Historic former bank branch offers 6,284 sq. ft. of versatile space with an adjacent parking lot included in the sale.

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    Fully Equipped Coney Island Restaurant
    Fully Equipped Coney Island Restaurant

    W 1350 W Fort Street Unit SourceFi, Detroit, MI 48226

    $699,000
    2,429 sqft

    Turnkey, fully operational restaurant with renovated kitchen, new commercial AC, grill, and walk-in cooler/freezer.

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    Turnkey Restaurant with Liquor License
    Turnkey Restaurant with Liquor License

    8140 MICHIGAN AVE, Detroit, MI 48226

    $1,300,000
    4,300 sqft

    Turnkey restaurant space includes a Wayne County Class C liquor license already attached to the building.

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    Mixed-Use Building with On-Site Parking
    Mixed-Use Building with On-Site Parking

    E 565 E Larned Street Unit SourceFi, Detroit, MI 48226

    $2,600,000
    32,552 sqft

    Versatile mixed-use building with adaptable retail, office, and restaurant space plus a dedicated on-site parking lot included in the sale.

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    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.

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    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.

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    Bar and Restaurant with Heated Patio
    Bar and Restaurant with Heated Patio

    8867 Livernois Avenue Unit SourceFi, Detroit, MI 48204

    $749,900
    2,400 sqft

    Built-out bar and restaurant with indoor and outdoor seating, heated patio, and surface parking included with the sale.

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    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.

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    Industrial Building with Commercial Kitchen
    Industrial Building with Commercial Kitchen

    6700-6724 E Davison St, Detroit, MI 48212

    $530,000
    3,200 sqft

    Industrial building offered with commercial kitchen space and walk-in coolers and freezers across multiple tax parcels.

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    Farwell, MI Restaurants Market Trends and Statistics

    Explore 95 restaurants for sale in Farwell, MI, showcased through 95 active listings on our real estate platform. These investment opportunities span a total of 324,093 square feet of properties for sale, with an estimated market value of $46,595,798.

    Sale prices for restaurant properties in Farwell, MI start at $59,900, averaging $896,073, 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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 1
    Drive through restaurants 1

    Demographics Overview

    Population 5,970
    Population Growth (5Y) -4.7%
    Median Household Income $57,500
    College Educated 24.3%

    Taxes & Financing

    Tax Rate (average for all types) 3.52%
    Tax Rate vs County Average 0.83 pp below county avg
    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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    Most Searched ZIP Codes in Farwell, MI

    • 48226
    • 48235
    • 48207
    • 48221
    • 48224
    • 48227
    • 48234
    • 48202
    • 48205
    • 48228
    • 48239
    • 48201

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