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$ 195,000
Est. payment /mo
New
520 Highland Avenue Milford, MI 48381
72,624 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 72,624 sqft
Price per Sqft $2
Subdivision Mi
MLS Listing ID 60959059
Lot Dimensions Business only
Property Sub-Type Commercial/Industrial
Property Description
Restaurant Business for Sale – Long-Standing Milford Landmark A rare opportunity is now available in the heart of the Village of Milford. The iconic Dimitri's Coney Island - the village's first and original - has been proudly serving the community for more than 30 years. The longtime owners are preparing for retirement, creating an exceptional chance for the next operator to step into a highly established, well-loved business. Located in a high-traffic corridor within the well-known Prospect Hill Shopping Plaza, the restaurant benefits from significant and continuous consumer draw generated by the plaza's anchor tenants - Kroger, Ace Hardware, and the Kroger Gas Station situated directly in front of Dimitri's. This strategic position provides unmatched visibility and convenient access for both local residents and visitors. Dimitri's has cultivated a loyal, multi-generational customer base and is widely recognized as a reliable breakfast-and-lunch destination with consistent repeat business. The operation features an expansive, crowd-pleasing menu that appeals to a broad demographic - ideal for maintaining existing offerings or rebranding with a new concept. This is a true turnkey opportunity: all kitchen equipment, fixtures, and operational infrastructure are included with the sale. A detailed equipment and fixture list is available upon request. For established restaurateurs, this represents a chance to acquire a proven, highly visible location with deep community roots. For new entrepreneurs seeking an entry point into the restaurant industry, it offers an immediate operational platform with decades of goodwill and strong daily foot and vehicle traffic. Opportunities of this caliber in Milford are exceptionally limited. The combination of prime location, anchor-driven traffic, loyal clientele, and operational readiness makes this an outstanding investment.
Location
State MI
County Oakland
Area Milford (63270)
Zoning Commercial
Interior
Heating Forced Air
Building
Water Public Water
Structure Type Brick
Others
Ownership Private
Energy Description Natural Gas
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Premier Realty Centers LLC