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    Ypsilanti, MI Restaurants for Sale

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    Restored Mixed-Use Landmark
    Updated: Jul 1
    Restored Mixed-Use Landmark

    400 N River St, Ypsilanti, MI 48198

    $8,999,999
    35,696 sqft
    35,696‑square‑foot three‑story property built in 1861
    20 loft‑style residential units on the upper floors
    Street‑level restaurant and bar tenancy remains under an existing commercial lease
    Governor’s Award for Historic Preservation recipient
    C zoning with dedicated on‑site parking and elevator access
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    This listing looks promising.

    Here's a quick look at some key insights for

    400 N River St, Ypsilanti, MI 48198

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    • Est. Cap Rate

      5.5%
      NOI ÷ price

    • Est. NOI

      $496K
      Annual

    • Mortgage

      $7.18M
      Mar 2019
    View Property Analytics
    Historic Mixed-Use Building
    Updated: Aug 7
    Historic Mixed-Use Building

    400 N River Street, Ypsilanti, MI 48198

    $8,999,999
    31,496 sqft 0.82 AC lot
    31,496‑square‑foot mixed‑use property on 0.82 acres
    Restored three‑story Italianate building originally constructed in 1861
    20 loft residences occupy the upper floors
    Street‑level Thompson & Co. restaurant and Mash bar remain under an existing commercial lease
    Recognized with a Governor’s Award for Historic Preservation
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    Retail Restaurant Space with Cooler
    Retail Restaurant Space with Cooler

    729 W Cross St, Ypsilanti, MI 48197

    Contact for pricing
    1,142 sqft

    Restaurant-ready retail space with existing cooler and freezer, basement included, and street parking nearby.

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    Dairy Queen Restaurant with Business
    Dairy Queen Restaurant with Business

    1801 Washtenaw Ave, Ypsilanti, MI 48197

    Contact for pricing
    1,961 sqft

    Established Dairy Queen Grill and Chill with business and building included, generating $1.45M in annual gross sales.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Established Restaurant Business For Sale
    Established Restaurant Business For Sale

    57 Ecorse, Ypsilanti, MI 48198

    $225,000

    Profitable restaurant business with liquor and lottery licenses for sale.

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    Ypsilanti Retail Space Near EMU
    Ypsilanti Retail Space Near EMU

    711 W Cross St, Ypsilanti, MI 48197

    Contact for pricing

    Retail or restaurant space near Eastern Michigan University.

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    Turn-Key Fast-Casual Restaurant Business
    Turn-Key Fast-Casual Restaurant Business

    3765 Carpenter Rd, Ypsilanti, MI 48197

    Contact for pricing

    Turn-key fast-casual restaurant business for sale, featuring automated self-operating food prep and catering services.

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    Based on your search, we've compiled 67 Potential Opportunities for your consideration. Besides 7 Active listings in Ypsilanti, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 52 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.

    Equipped Coffee Shop
    Equipped Coffee Shop

    81812 ford rd, Canton, MI 48187

    Contact for pricing
    1,500 sqft

    Built in 2024 with equipment included for continued coffee-shop operations.

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    Arbor Hills Retail Opportunity
    Arbor Hills Retail Opportunity

    3010 Washtenaw Avenue |, Ann Arbor, MI 48104

    Contact for pricing
    86 sqft

    Retail space available in a premier Ann Arbor shopping destination.

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    Established Japanese Restaurant Business Opportunity
    Established Japanese Restaurant Business Opportunity

    1321 S University Ave, Ann Arbor, MI 48104

    Contact for pricing

    Thriving Ann Arbor restaurant with loyal following and liquor license.

    View details
    Established Cafe Business Opportunity
    Established Cafe Business Opportunity

    50166-50296 Cherry Hill Rd, Canton, MI

    Contact for pricing
    1,087 sqft 0.69 AC lot

    Turnkey cafe business for sale with all fixtures included.

    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.

    Commercial Land Development Opportunity
    Commercial Land Development Opportunity

    5249 Willis Road, Ypsilanti, MI 48197

    Contact for pricing
    2.25 AC lot

    Commercially zoned land in growing residential area.

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    General Commercial Development Land
    General Commercial Development Land

    10467 Willis Road, Augusta Twp, MI 48191

    $99,900
    5.23 AC lot

    Vacant general commercial acreage with 750 feet of frontage and convenient access to major highways for a range of retail and service uses.

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    Land
    Land

    10467, Willis, MI 48191

    $99,900
    5.23 AC lot

    Commercial land · 5.23 Acres

    View details
    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    4775 BELLEVILLE, Canton, MI 48188

    $750,000

    High-exposure commercial land in a busy Canton location.

    View details

    Off-Market Properties in Ypsilanti, MI

    Consider similar Off-Market properties in Ypsilanti, 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.

    2407 Washtenaw Rd
    RESTAURANT

    2407 Washtenaw Rd, Ypsilanti, MI 48197-1547

    $405,000
    Estimated value
    2,600 sqft 0.47 AC lot
    View details
    1073 Michigan Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    1073 Michigan Ave, Ypsilanti, MI 48198-5805

    $430,000
    Estimated value
    3,686 sqft
    View details
    1801 Washtenaw Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    1801 Washtenaw Rd, Ypsilanti, MI 48197-1702

    $545,000
    Estimated value
    1,961 sqft 0.35 AC lot
    View details
    1425 Ecorse Rd
    BAR, TAVERN

    1425 Ecorse Rd, Ypsilanti, MI 48198-5915

    $145,000
    Estimated value
    3,430 sqft 0.73 AC lot
    View details
    2585 Michigan Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    2585 Michigan Ave, Ypsilanti, MI 48198-6056

    Value Estimation by Request
    768 sqft 1.11 AC lot
    View details
    2220 Washtenaw Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    2220 Washtenaw Rd, Ypsilanti, MI 48197-1501

    $350,000
    Estimated value
    2,269 sqft
    View details
    823 Michigan Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    823 Michigan Ave, Ypsilanti, MI 48198-5848

    Value Estimation by Request
    2,466 sqft 1.14 AC lot
    View details
    2835 Washtenaw Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    2835 Washtenaw Rd, Ypsilanti, MI 48197-1551

    $485,000
    Estimated value
    2,264 sqft 0.66 AC lot
    View details
    5484 Michigan Ave
    RESTAURANT

    5484 Michigan Ave, Ypsilanti, MI 48197-9213

    $450,000
    Estimated value
    2,920 sqft 0.47 AC lot
    View details
    1346 Michigan Ave
    RESTAURANT

    1346 Michigan Ave, Ypsilanti, MI 48198-5904

    $135,000
    Estimated value
    1,436 sqft 0.52 AC lot
    View details
    818 Ecorse Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    818 Ecorse Rd, Ypsilanti, MI 48198-5858

    $55,000
    Estimated value
    1,281 sqft 0.12 AC lot
    View details
    2655 Washtenaw Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    2655 Washtenaw Rd, Ypsilanti, MI 48197-1549

    $405,000
    Estimated value
    2,154 sqft 1.27 AC lot
    View details
    166 James L Hart Pkwy
    DRIVE-THRU RESTAURANT, FAST FOOD

    166 James L Hart Pkwy, Ypsilanti, MI 48197-9254

    Value Estimation by Request
    4,938 sqft 3.64 AC lot
    View details
    817 Michigan Ave
    BAR, TAVERN

    817 Michigan Ave, Ypsilanti, MI 48198-5848

    $175,000
    Estimated value
    3,059 sqft 0.24 AC lot
    View details
    2649 Washtenaw Rd
    RESTAURANT

    2649 Washtenaw Rd, Ypsilanti, MI 48197-1549

    $485,000
    Estimated value
    2,122 sqft 0.23 AC lot
    View details
    2387 Ellsworth Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    2387 Ellsworth Rd, Ypsilanti, MI 48197-4855

    $2,570,000
    Estimated value
    3,789 sqft 1.43 AC lot
    View details
    2351 Ellsworth Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    2351 Ellsworth Rd, Ypsilanti, MI 48197-4855

    $480,000
    Estimated value
    2,187 sqft 1.58 AC lot
    View details

    Ypsilanti, MI Restaurants Market Trends and Statistics

    Explore 59 restaurants for sale in Ypsilanti, MI, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 70,295 square feet of properties for sale, with an estimated market value of $18,224,998.

    Sale prices for restaurant properties in Ypsilanti, MI start at $225,000, averaging $6,074,999, and reaching up to $8,999,999 — 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 7
    Bars & Pubs 2

    Demographics Overview

    Population 105K
    Population Growth (5Y) -0.7%
    Median Household Income $68,202
    College Educated 57.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48197 $212.5K
    48198 $362K

    Taxes & Financing

    Tax Rate (average for all types) 3.83%
    Property Tax per SF $74.62 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Washtenaw County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Washtenaw County

    Residential Income

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    Most Searched ZIP Codes in Ypsilanti, MI

    • 48197
    • 48198

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