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Executive Summary

This single-story restaurant property offers a unique investment opportunity in Detroit with excellent frontage along Schoolcraft Road. The asset comprises 522 square feet and includes a functional drive-thru, positioning it well for both quick service and pick-up operations. Offered at $285,000, this property presents a rare chance to own a fully operational restaurant facility in a dense urban market. B4 zoning provides flexibility for various retail and food service concepts, enhancing long-term adaptability. Located near major travel corridors, including Southfield Freeway (M-39), it enjoys steady traffic counts and proximity to a dense residential base, which drives consistent customer activity. This turn-key restaurant is suited for owner-users or investors seeking income potential through leasing to food and beverage operators.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
522 SF
Building Class
C
Year Built/Renovated
1950/2025
Price
$285,000
Price Per SF
$545.98
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
1.00 AC
Zoning
B4 - Business Commercial zoning
Parking
6 Spaces (11.49 Spaces per 1,000 SF Leased)
Frontage
131’ on Faust Ave

Amenities

  • Bus Line
  • Corner Lot

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 522 SF
  • Retail
  • Outparcel
  • Now

This 522-square-foot retail property on Schoolcraft Road is available for immediate lease, featuring a highly visible location and fully equipped restaurant layout. The site includes an operational drive-thru, ideal for businesses focused on convenience and takeout service. With B4 zoning, tenants benefit from flexibility for multiple food service concepts. The property sits adjacent to high-traffic routes, including Southfield Road and Interstate 96, offering excellent connectivity for customers. Prominent neighboring businesses, along with residential density, create strong market fundamentals for restaurant operators seeking competitive positioning in this area. Lease terms are structured as NNN, supporting operational simplicity for tenants.

Space Size Space Use Position Available
1st Floor 522 SF Retail Outparcel Now

1st Floor

Size
522 SF
Space Use
Retail
Position
Outparcel
Available
Now

1st Floor

Size 522 SF
Space Use Retail
Position Outparcel
Available Now

This 522-square-foot retail property on Schoolcraft Road is available for immediate lease, featuring a highly visible location and fully equipped restaurant layout. The site includes an operational drive-thru, ideal for businesses focused on convenience and takeout service. With B4 zoning, tenants benefit from flexibility for multiple food service concepts. The property sits adjacent to high-traffic routes, including Southfield Road and Interstate 96, offering excellent connectivity for customers. Prominent neighboring businesses, along with residential density, create strong market fundamentals for restaurant operators seeking competitive positioning in this area. Lease terms are structured as NNN, supporting operational simplicity for tenants.

Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Chase Bank
Checkers
Bank of America

Property Taxes

Property Taxes

Parcel Number
22-009693
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$12,700
  • Listing ID: 41026146

  • Date on Market: 6/23/2026

  • Last Updated:

  • Address: 18500 Schoolcraft, Detroit, MI 48223

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