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Listed price in listed location currency (USD).
$195,000

000

MLS® 20251059778

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Business Opportunity
Size 2000 sqft
Garage No
HOA Fees 
Taxes 
Days Active 1
Approx. Age 1992
Avg. Price Per Sqft $97
MLS® Number 20251059778

Property Address: 520 Highland Ave, Milford, MI, 48381-1516

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number20251059778
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1992
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 14, 2025List Date
$195,000List Price
  • Commute

Commute

Starting Address
Destination Address
520 Highland Ave, Milford, MI

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