MLS # 20251059778 (Realcomp)

Restaurant Business for Sale – Long-Standing Milford LandmarkA 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.
Source: SparkMLS
This home sold for $185,000.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company. Fiber internet is available at this address with download speeds up to 6,000 Mbps across 9 providers.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: SparkMLS
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Robert Kobylas
Premier Realty Centers LLC
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Download
6 Gbps
Upload
6 Gbps
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
520 Highland Avenue, Milford, MI 48381
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Municipality
Milford Township
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County
Oakland County
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