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    Detroit, MI Drug Stores for Sale

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    Ecorse, MI Hamtramck, MI Highland Park, MI
    Bank Anchored Investment Opportunity
    $1,350,000
    4,000 SF
    Bank Anchored Investment Opportunity

    13403 W 7 Mile Rd, Detroit, MI 48235

    Multi-tenant property with Bank of America and pharmacy tenants.
    • Anchored by Bank of America with a recently renewed lease and 10+ year occupancy history.
    • Strong in‑place income of $96,000 annually from Bank of America and Pharmacy tenants.
    • Opportunity for increased income with a vacant, fully built‑out ~4,000 SF clinic space, projecting an additional $72,000 annually.
    • Pharmacy tenant with a 12‑year history, secured under a 72‑month lease plus options, generating $60,000 annual rent with 6% escalations.
    • On‑site ATM generating approximately $36,000 annually.
    Updated: Apr 24
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    Detroit Retail Property For Sale
    $1,500,000
    15,600 SF
    Detroit Retail Property For Sale

    13433 W 8 Mile Rd, Detroit, MI

    Freestanding retail property with strong demographics and high traffic counts.
    • Essential retailer tenancy is internet, pandemic, and recession resistant
    • Family Dollar acquired by Dollar Tree (NASDAQ: DLTR) with investment grade credit rating (S&P: BBB-)
    • High traffic counts: Over 58,800 vehicles pass site daily
    • Strong demographics: Over 15,000 people within 1 mile radius; over 155,000 within 3 mile radius
    • Free‑standing Family Dollar & quick serve pharmacy
    Updated: Jul 13, 2023
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    Based on your search, we've compiled 52 Potential Opportunities for your consideration. Besides 2 Active listings in Detroit, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 42 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Lathrup Village Commercial Space
    $1,300,000
    1,739 SF
    Lathrup Village Commercial Space

    Single-story commercial space ideal for pharmacy, medical, or retail use.

    27241 SOUTHFIELD Road, Lathrup Village, MI 48076

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    Commercial Space Near I-696
    $1,300,000
    Commercial Space Near I-696

    Single-story commercial space near I-696, currently operating as a pharmacy.

    27241 SOUTHFIELD Rd, Lathrup Village, MI 48076

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    Taylor, MI Walgreens Investment Opportunity
    $2,200,000
    14,490 SF
    Taylor, MI Walgreens Investment Opportunity

    Walgreens property with long-term lease and prime location.

    20030 ECORSE RD, Taylor, MI

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    Dearborn Walgreens For Sale
    $5,307,525
    13,816 SF
    Dearborn Walgreens For Sale

    Walgreens property with ±3 years of guaranteed lease term.

    13601 W Warren Ave, Dearborn, MI 48126

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Cleared Lot in Garrettsville Village
    $59,000
    0.25 Acres
    Cleared Lot in Garrettsville Village

    Ready-to-build 0.25 acre lot with utilities in Garrettsville, OH.

    10937 Fox Den Circle, Garrettsville, OH 44231

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    Commercial Land Near US-31
    $185,000
    0.23 Acres
    Commercial Land Near US-31

    Commercial land with high visibility near medical facilities and retailers.

    1257 E Sherman Boulevard, Norton Shores, MI 49444

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    B-3 Zoned Commercial Land Parcel
    $812,000
    8.12 Acres
    B-3 Zoned Commercial Land Parcel

    8.12+-acre B-3 commercial parcel with University Blvd frontage and direct access from Scatterfield Road.

    University Boulevard, Anderson, IN 46012

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    Vacant Land Near Public Transit
    $999,000
    0.76 Acres
    Vacant Land Near Public Transit

    Large 33,000 SF vacant parcel near public transit.

    7627 South State Street, Chicago, IL 60619

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    Off-Market Properties in Detroit, MI

    Consider similar Off-Market properties in Detroit, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    7855 Vernor Hwy
    DRUG STORE, PHARMACY
    11,207 SF Lot: 0.30 Acres
    Estimated value
    $700,000

    7855 Vernor Hwy, Detroit, MI 48209-1517

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    12707 Dexter Ave
    DRUG STORE, PHARMACY
    10,914 SF Lot: 0.61 Acres
    Value Estimation by Request

    12707 Dexter Ave, Detroit, MI 48238-3341

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    18585 Dl St
    DRUG STORE, PHARMACY
    10,987 SF Lot: 1.17 Acres
    Estimated value
    $1,840,000

    18585 Dl St, Detroit, MI 48219-2241

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    24133 Grand Riv Ave
    DRUG STORE, PHARMACY
    13,999 SF Lot: 0.28 Acres
    Estimated value
    $4,650,000

    24133 Grand Riv Ave, Detroit, MI 48219-3014

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    19851 Warren Ave
    DRUG STORE, PHARMACY
    10,856 SF Lot: 0.34 Acres
    Estimated value
    $1,335,000

    19851 Warren Ave, Detroit, MI 48228-3247

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    19840 Plymouth Rd
    DRUG STORE, PHARMACY
    13,833 SF Lot: 1.54 Acres
    Estimated value
    $1,700,000

    19840 Plymouth Rd, Detroit, MI 48228-1234

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    22001 8th Mile Rd
    DRUG STORE, PHARMACY
    10,848 SF Lot: 1.29 Acres
    Estimated value
    $1,820,000

    22001 8th Mile Rd, Detroit, MI 48219-1223

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    10355 Woodward Ave
    DRUG STORE, PHARMACY
    11,006 SF Lot: 1.32 Acres
    Estimated value
    $1,285,000

    10355 Woodward Ave, Detroit, MI 48202-1310

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    7451 Woodward Ave
    DRUG STORE, PHARMACY
    11,030 SF Lot: 0.88 Acres
    Estimated value
    $2,900,000

    7451 Woodward Ave, Detroit, MI 48202-3119

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    15800 Warren Ave
    DRUG STORE, PHARMACY
    1,593 SF Lot: 0.16 Acres
    Value Estimation by Request

    15800 Warren Ave, Detroit, MI 48224-3218

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    12919 Jefferson Ave
    DRUG STORE, PHARMACY
    10,940 SF Lot: 0.08 Acres
    Estimated value
    $1,290,000

    12919 Jefferson Ave, Detroit, MI 48215-2751

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    3169 Woodward Ave
    DRUG STORE, PHARMACY
    1,606 SF Lot: 0.17 Acres
    Value Estimation by Request

    3169 Woodward Ave, Detroit, MI 48201-2723

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    13580 Grand Riv Ave
    DRUG STORE, PHARMACY
    10,856 SF Lot: 0.97 Acres
    Estimated value
    $1,445,000

    13580 Grand Riv Ave, Detroit, MI 48227-3522

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    15544 Grand Riv Ave
    DRUG STORE, PHARMACY
    14,362 SF Lot: 1.36 Acres
    Estimated value
    $1,880,000

    15544 Grand Riv Ave, Detroit, MI 48227-2223

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    6862 Michigan Ave
    DRUG STORE, PHARMACY
    13,084 SF Lot: 0.56 Acres
    Value Estimation by Request

    6862 Michigan Ave, Detroit, MI 48210-2868

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    17170 Harper Ave
    DRUG STORE, PHARMACY
    12,600 SF Lot: 0.48 Acres
    Estimated value
    $2,465,000

    17170 Harper Ave, Detroit, MI 48224-1955

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    18435 Grand Riv Ave
    DRUG STORE, PHARMACY
    14,539 SF Lot: 1.55 Acres
    Estimated value
    $1,700,000

    18435 Grand Riv Ave, Detroit, MI 48223-2316

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    20001 7th Mile Rd
    DRUG STORE, PHARMACY
    11,056 SF Lot: 1.33 Acres
    Estimated value
    $1,835,000

    20001 7th Mile Rd, Detroit, MI 48219-3403

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    19160 Greenfield Rd
    DRUG STORE, PHARMACY
    10,982 SF Lot: 1.51 Acres
    Estimated value
    $1,180,000

    19160 Greenfield Rd, Detroit, MI 48235-2001

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    22523 Plymouth Rd
    DRUG STORE, PHARMACY
    1,220 SF Lot: 0.05 Acres
    Value Estimation by Request

    22523 Plymouth Rd, Redford, MI 48239-1322

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    20270 Grand Riv Ave
    DRUG STORE, PHARMACY
    2,094 SF Lot: 0.16 Acres
    Value Estimation by Request

    20270 Grand Riv Ave, Detroit, MI 48219-3341

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    13939 Livernois Ave
    DRUG STORE, PHARMACY
    11,960 SF Lot: 1.22 Acres
    Estimated value
    $1,170,000

    13939 Livernois Ave, Detroit, MI 48238-2519

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    Detroit, MI Drug Stores Investment Opportunities Market Analysis

    Explore 44 drug stores for sale in Detroit, MI on our real estate platform. These investment opportunities span a total of 19,600 square feet of properties for sale, with an estimated market value of $2,850,000.

    Sale prices for pharmacies in Detroit, MI start at $1,350,000, averaging $1,425,000, and reaching up to $1,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 207
    Automotive properties 196
    Auto shops 118
    Grocery and convenience stores 49
    Parking lots & garages 49

    Demographics Overview

    Population 850K
    Population Growth (5Y) -4.2%
    Median Household Income $48,716
    College Educated 21.2%

    High-Yield Neighborhoods for Investment

    Identify Detroit submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48235 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 3.32%
    Property Tax per SF $36.71 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Wayne County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Detroit fall within the 10,000 to 25,000 square foot range.

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