Highland Park, MI Restaurants for Sale

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Detroit, MI Hamtramck, MI Ferndale, MI Hazel Park, MI Warren, MI

Updated: Mar 23

Renovated Mixed-Use Venue with Redevelopment Potential

11745 Woodward Ave, Highland Park, MI 48203

$3,999,000

6,000 sqft 0.37 AC lot

Comprehensively renovated 5‑story industrial building with multi‑million dollar overhaul.
6,000 SQFT operational main level mixed‑use venue featuring a custom bar and commercial brick oven**, plus VIP/stage/office.
Adaptive reuse potential for residential, commercial, office, retail, or venue expansion on 4 additional floors.
Includes a Class C liquor license.
All new facade, windows, baths, and gutter and HVAC systems.

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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 29 Potential Opportunities for your consideration. Besides 1 Active listings in Highland Park, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 20 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.

Mixed-Use Restaurant and Apartments

W 3143 W MCNICHOLS Road Unit SourceFi, Detroit, MI 48221

$1,700,000

8,625 sqft

Mixed-use property with an upgraded restaurant/bar and two upper three-bedroom apartments plus a full basement and four-car garage.

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Turnkey Restaurant with Event Setup

12835 Conant Street Unit SourceFi, Hamtramck, MI 48212

$69,900

6,577 sqft

Fully decorated restaurant with newly equipped kitchen, including a hood, fire suppression system, and makeup air unit.

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Restaurant Property with Commercial Kitchen

10333 Joseph Campau St, Hamtramck, MI 48212

$379,000

Two addresses support separate operations or a combined dining venue in Hamtramck’s DDA district.

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Restaurant, Bar & Apartments

3143 W MCNICHOLS Rd, Detroit, MI 48221

$1,700,000

Mixed-use building with restaurant, bar, and apartments in Detroit.

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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 Lot on Livernois Road

15738 LIVERNOIS Avenue, Detroit, MI 48238

$65,000

0.05 AC lot

Commercial vacant lot for sale in Detroit, Michigan.

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Commercial Land in Detroit, MI

9804 DEXTER Avenue, Detroit, MI 48206

Contact for pricing

0.43 AC lot

Commercial zoned vacant lot near Downtown Detroit, close to expressways.

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Detroit Land For Sale

12945 PURITAN Street, Detroit, MI 48227

Contact for pricing

0.10 AC lot

Commercial land available in Detroit, suitable for infill development.

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Commercial Land at Road Intersection

4041 JOY Road, Detroit, MI 48204

Contact for pricing

0.08 AC lot

Vacant commercial parcel with public water service near Joy Road and Greenfield Road.

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Off-Market Properties in Highland Park, MI

Consider similar Off-Market properties in Highland Park, 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.

NIGHTCLUB (COCKTAIL LOUNGE)

16549 Woodward Ave, Highland Park, MI 48203-2819

$255,000

Estimated value

7,752 sqft 0.09 AC lot

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NIGHTCLUB (COCKTAIL LOUNGE)

744 Savannah St, Highland Park, MI 48203-2052

$300,000

Estimated value

3,420 sqft 0.85 AC lot

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NIGHTCLUB (COCKTAIL LOUNGE)

141 8th Mile Rd, Highland Park, MI 48203-1001

$460,000

Estimated value

6,113 sqft 0.18 AC lot

View details

RESTAURANT

17050 Hamilton Ave, Highland Park, MI 48203-2574

$275,000

Estimated value

1,350 sqft 0.47 AC lot

View details

DRIVE-THRU RESTAURANT, FAST FOOD

1850 Mcnichols Rd, Highland Park, MI 48203-2424

$80,000

Estimated value

1,968 sqft 0.41 AC lot

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BAR, TAVERN

802 State Fair, Highland Park, MI 48203-1117

$315,000

Estimated value

2,599 sqft 0.23 AC lot

View details

DRIVE-THRU RESTAURANT, FAST FOOD

13961 Woodward Ave, Highland Park, MI 48203-3626

$1,410,000

Estimated value

2,560 sqft 0.82 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

12220 Hamilton Ave, Highland Park, MI 48203-3440

$390,000

Estimated value

1,029 sqft 0.10 AC lot

View details

RESTAURANT

70 Manchester St, Highland Park, MI 48203-3124

$115,000

Estimated value

2,250 sqft 0.34 AC lot

View details

RESTAURANT

13839 Woodward Ave, Highland Park, MI 48203-3624

$270,000

Estimated value

9,906 sqft 0.21 AC lot

View details

RESTAURANT

1300 State Fair, Highland Park, MI 48203-1240

$65,000

Estimated value

1,206 sqft 0.14 AC lot

View details

BAR, TAVERN

17931 John R St, Highland Park, MI 48203-2247

$155,000

Estimated value

3,000 sqft 0.10 AC lot

View details

BAR, TAVERN

317 8th Mile Rd, Highland Park, MI 48203-1003

$55,000

Estimated value

3,180 sqft 0.09 AC lot

View details

BAR, TAVERN

1800 8th Mile Rd, Highland Park, MI 48203-1334

$260,000

Estimated value

1,868 sqft 0.05 AC lot

View details

RESTAURANT

606 Mcnichols Rd, Highland Park, MI 48203-2848

$110,000

Estimated value

1,689 sqft 0.14 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

13525 Woodward Ave, Highland Park, MI 48203-3614

$305,000

Estimated value

2,858 sqft 0.58 AC lot

View details

BAR, TAVERN

20226 John R St, Highland Park, MI 48203-1138

$330,000

Estimated value

3,632 sqft 0.37 AC lot

View details

BAR, TAVERN

315 8th Mile Rd, Highland Park, MI 48203-1003

$60,000

Estimated value

1,060 sqft 0.05 AC lot

View details

BAR, TAVERN

301 8th Mile Rd, Highland Park, MI 48203-1003

$195,000

Estimated value

3,817 sqft 0.13 AC lot

View details

RESTAURANT

620 7th Mile Rd, Highland Park, MI 48203-1924

$125,000

Estimated value

4,200 sqft 0.15 AC lot

View details

Highland Park, MI Restaurants Market Trends and Statistics

Explore 21 restaurants for sale in Highland Park, MI on our real estate platform. These investment opportunities span a total of 6,000 square feet of properties for sale, with an estimated market value of $3,999,000.

Sale prices for restaurant properties in Highland Park, MI average $3,999,000 — 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

Demographics Overview

Population 20K

Population Growth (5Y) -10.8%

Median Household Income $35,108

College Educated 27.0%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
48203	$4M

Taxes & Financing

Tax Rate (average for all types) 5.94%

Property Tax per SF $47.81 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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Highland Park, MI Restaurants for Sale

11745 Woodward Ave, Highland Park, MI 48203

Opportunities in Nearby Cities

W 3143 W MCNICHOLS Road Unit SourceFi, Detroit, MI 48221

12835 Conant Street Unit SourceFi, Hamtramck, MI 48212

10333 Joseph Campau St, Hamtramck, MI 48212

3143 W MCNICHOLS Rd, Detroit, MI 48221

Potential Development Sites for Consideration

15738 LIVERNOIS Avenue, Detroit, MI 48238

9804 DEXTER Avenue, Detroit, MI 48206

12945 PURITAN Street, Detroit, MI 48227

4041 JOY Road, Detroit, MI 48204

Off-Market Properties in Highland Park, MI

16549 Woodward Ave, Highland Park, MI 48203-2819

744 Savannah St, Highland Park, MI 48203-2052

141 8th Mile Rd, Highland Park, MI 48203-1001

17050 Hamilton Ave, Highland Park, MI 48203-2574

1850 Mcnichols Rd, Highland Park, MI 48203-2424

802 State Fair, Highland Park, MI 48203-1117

13961 Woodward Ave, Highland Park, MI 48203-3626

12220 Hamilton Ave, Highland Park, MI 48203-3440

70 Manchester St, Highland Park, MI 48203-3124

13839 Woodward Ave, Highland Park, MI 48203-3624

1300 State Fair, Highland Park, MI 48203-1240

17931 John R St, Highland Park, MI 48203-2247

317 8th Mile Rd, Highland Park, MI 48203-1003

1800 8th Mile Rd, Highland Park, MI 48203-1334

606 Mcnichols Rd, Highland Park, MI 48203-2848

13525 Woodward Ave, Highland Park, MI 48203-3614

20226 John R St, Highland Park, MI 48203-1138

315 8th Mile Rd, Highland Park, MI 48203-1003

301 8th Mile Rd, Highland Park, MI 48203-1003

620 7th Mile Rd, Highland Park, MI 48203-1924

Highland Park, MI Restaurants Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

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