520 Highland Avenue Milford Village, MI $ 195,000
520 Highland Avenue
$ 195,000
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520 Highland Avenue

Milford Village, MI, 48381
$ 195,000
Bedrooms-- Baths-- Sq 2,000

Monthly Estimate*

$ 1,201

520 Highland Avenue, Milford Village, MI 48381 - Image 1
520 Highland Avenue, Milford Village, MI 48381 - Image 2
520 Highland Avenue, Milford Village, MI 48381 - Image 3
520 Highland Avenue, Milford Village, MI 48381 - Image 4
520 Highland Avenue, Milford Village, MI 48381 - Image 5
520 Highland Avenue, Milford Village, MI 48381 - Image 6
520 Highland Avenue, Milford Village, MI 48381 - Image 7
520 Highland Avenue, Milford Village, MI 48381 - Image 8
520 Highland Avenue, Milford Village, MI 48381 - Image 9
520 Highland Avenue, Milford Village, MI 48381 - Image 10
Commercial Property for sale in Milford Village, MI for $195,000. This 2,000 square foot building was built in 1992.

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.

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Commercial Active

Price

$ 195,000

Property Type

Commercial

Taxes

$ 0

Style

Business

Year Built

1992

Town/City

Milford Village

County/Region

OAKLAND

MLS | Web ID

20251059778

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling CentralAir
Possession AtClose
Garage Spaces 0.0
Construction Materials Block Brick
Year Built 1992
Electric Volts220
Levels One
Property Subtype Business
Current Use Restaurant
Business Type Service
County Oakland
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type BusinessOpportunity
HOA N
Attached Garage N
Garage Y/N N
Status Active
Directions Located in Prospect hill shopping Plaza
City MilfordVillage_Oakland
Disclosures ConformstoZoning
Senior Community Y/N N
High School District HuronValley
Zoning Description Commercial
MLS Area Area02162MilfordVlg
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 0.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Owner
Tax Assessed Value 0
Expected Active Date 2025-12-14
Legal Description Located in Prospect Hill shopping plaza
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Exterior
Parking Features ParkingLot OnSite
Water Source Public
Spa N
Building Area Total 72624.0
Lot Dimensions Business only
Waterfront Y/N N
Road Frontage Type ClassA
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2000.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 520
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* Excluded Features
List By
Robert Kobylas

Listing Agent

Premier Realty Centers Llc

Broker

(248) 670-0763

Phone

Affordability Calculator

$1,201
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,201
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4909496 Elementary School
4909338 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/14/2025$195,000 Listed Price

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520 Highland Avenue, Milford Village, MI, 48381 is a Commercial Property for sale at $195,000 with 2,000 sqft. 520 Highland Avenue was built in 1992. The property's zip code is 48381 which is in Milford Village, MI