Kings Grill — Sale in Detroit, MI

  • Price: $849K
  • Listing type: For sale
  • Asset type: Business
  • Location: Detroit, MI 48226
  • Size: 2,417 SF
  • Year built: 1953

Investment Figures

Price per square foot
$351
Price per unit
$849,000 across 1 units

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

This restaurant building has been in business for over 26 years. Owned and cared for by the same family for its entire existence has resulted in a well-respected name throughout the community. The location in Downtown Detroit lends itself well to the new developments happening in the city. Currently operating for breakfast and lunch with strong clientele who frequent the establishment regularly. It was formerly open for dinner and also used to have 24-hour service that lent itself well to the vibrant nightlife in the downtown area. This is a great opportunity to own your own business and have a running start. Building SF: 2417 | Land Size: 0.15 Ac | Year Built: 1953 | Listing Type: FOR SALE

Market Context

This commercial property in Detroit, MI is listed for sale at $849,000 across 2,417 SF ($351/SF). The building dates to 1953. It has been on the market for 72 days. Compare it against other commercial property listings for sale in Detroit, MI — view the full market.

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