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    Redford, 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
    View Property Analytics
    Restaurant Property With Commercial Kitchen
    Updated: Aug 9
    Restaurant Property With Commercial Kitchen

    19655 W Grand River Ave SW, Detroit, MI 48223

    $699,000
    4,614 sqft 0.10 AC lot
    Commercial kitchen installed in 2026
    Current café and barbershop operation
    Corner location at 19655 W Grand River Ave SW, Detroit
    Four bathrooms and a basement
    Block, stucco, and brick construction
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    Turnkey Restaurant with Seating
    Turnkey Restaurant with Seating

    26080 Grand River Avenue, Redford, MI 48240

    $150,000
    2,136 sqft 0.32 AC lot

    Recently renovated restaurant offering guest seating, updated HVAC, and substantial on-site parking for day-to-day operations.

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    Conventional Restaurant Building
    Conventional Restaurant Building

    15921 W Seven Mile Road, Detroit, MI 48235

    $375,000
    3,000 sqft 0.09 AC lot

    Former restaurant and barber shop with central air, forced-air heating, and two bathrooms.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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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    Nightclub with Cabaret License
    Nightclub with Cabaret License

    13109 W Eight Mile Road, Detroit, MI 48235

    $750,000
    3,800 sqft 0.25 AC lot

    Established entertainment venue with a full food menu, bar service, and updated kitchen equipment.

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    Commercial Kitchen Building
    Commercial Kitchen Building

    10315 Linwood Street, Detroit, MI 48206

    $150,000
    2,459 sqft 0.16 AC lot

    Brick construction includes dual cooking hoods, fire suppression, and on-site parking.

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    Restaurant and Banquet Facility
    Restaurant and Banquet Facility

    12712 Plymouth Road Unit SourceFi, Detroit, MI 48227

    $280,000
    4,000 sqft 0.22 AC lot

    Updated 4,000 SF restaurant and banquet setup with a fully equipped commercial kitchen, sizable lot, and paved parking.

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    Corner Flex Building with Bakery Equipment
    Corner Flex Building with Bakery Equipment

    19200 Kelly Rd, Detroit, MI 48225

    $150,000
    10,192 sqft 0.23 AC lot

    Versatile commercial building with showroom space and existing food-production equipment for repositioning or continued operational use.

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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

    $1,299,999
    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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    Fully Equipped Coney Island Restaurant
    Fully Equipped Coney Island Restaurant

    1350 W Fort Street, Detroit, MI 48226

    $699,000
    2,429 sqft

    Fully operational restaurant with extensive recent kitchen and HVAC upgrades on a major downtown-bound route.

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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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    Open-Layout Lounge Bar
    Open-Layout Lounge Bar

    17243 W McNichols Road, Detroit, MI 48235

    $185,000
    1,400 sqft

    Contemporary lounge space with updated finishes and flexibility for events, meetings, and other commercial uses.

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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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    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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    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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    Stand-Alone Restaurant Building
    Stand-Alone Restaurant Building

    W 24611 W MCNICHOLS Road Unit SourceFi, Detroit, MI 48219

    $199,000
    1,323 sqft

    Stand-alone restaurant building with ample parking and frontage on McNichols Road.

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    Restaurant and Retail Property
    Restaurant and Retail Property

    W 1360 W Fort Street Unit SourceFi, Detroit, MI 48226

    $520,000
    2,504 sqft

    Established restaurant property with dine-in seating, a self-serve station, and an included commercial kitchen plus an interior retail store.

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    Retail Buildings with Open-Air Concept
    Retail Buildings with Open-Air Concept

    8422-8434 Grand River Ave, Detroit, MI 48204

    Contact for pricing
    11,958 sqft

    Two-building retail package featuring original brick walls and exposed steel framework for a proposed indoor-outdoor setting.

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    Three-Story Office and Classroom Building
    Three-Story Office and Classroom Building

    3442 McDougall Street Unit SourceFi, Detroit, MI 48207

    $350,000
    4,686 sqft

    Three-story building with office and classroom space, plus a fully equipped commercial kitchen on the lower level.

    View details

    Redford, MI Restaurants Market Trends and Statistics

    Explore 88 restaurants for sale in Redford, MI, showcased through 88 active listings on our real estate platform. These investment opportunities span a total of 389,403 square feet of properties for sale, with an estimated market value of $38,684,992.

    Sale prices for restaurant properties in Redford, MI start at $54,900, averaging $823,084, 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 4
    Breakfast & diners 2
    Drive through restaurants 1

    Demographics Overview

    Population 54K
    Population Growth (5Y) +0.8%
    Median Household Income $65,772
    College Educated 29.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48240 $275K
    48239 $360K

    Taxes & Financing

    Tax Rate (average for all types) 6.72%
    Property Tax per SF $59.47 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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    Most Searched ZIP Codes in Redford, MI

    • 48226
    • 48207
    • 48235
    • 48221
    • 48227
    • 48234
    • 48204
    • 48224
    • 48228
    • 48239
    • 48240
    • 48201

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