Advertise
    Southgate, MI
    Drug Store

    Southgate, MI Drug Stores for Sale

    Notify Me
    List
    Map
    Lincoln Park, MI Wyandotte, MI Taylor, MI Riverview, MI Allen Park, MI Brownstown Township, MI Romulus, MI Ecorse, MI
    Freestanding Drug Store Building
    Updated: Mar 3
    Freestanding Drug Store Building

    13545 Eureka Road, Southgate, MI 48195

    $1,850,000
    10,972 sqft 0.70 AC lot
    10,972‑square‑foot freestanding former CVS building
    0.7‑acre parcel with a 1999 construction year
    Located in Southgate Shopping Center at Eureka Road and Trenton Road
    Shopping center includes MJR Theater and Planet Fitness
    Access from both Eureka Road and Trenton Road
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    13545 Eureka Road, Southgate, MI 48195

    View Property Analytics

    • Est. Cap Rate

      7.7%
      Above avg (5.9%)

    • Est. NOI

      $142K
      Annual

    • Price @ 7% Cap

      $2.03M
      Above asking

    • Property Type

      Drug Store, Pharmacy
      Built 1999
    View Property Analytics
    Freestanding Retail Storefront
    Updated: Jul 13
    Freestanding Retail Storefront

    13545 Eureka Road, Southgate, MI 48195

    $1,850,000
    Freestanding former CVS located within Southgate Shopping Center (southeast quadrant of Eureka and Trenton Roads)
    10,972 SF building on a 0.7‑acre lot (175 x 192) with 1 building
    Year built 1999; heating available; 1 total bath
    Ample on‑site parking with a lighted entrance
    Easy access from both Eureka and Trenton Roads
    View details
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 2 Active listings in Southgate, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Corner Drug Store Building
    Corner Drug Store Building

    10801 W Warren, Dearborn, MI 48126

    Contact for pricing
    2,850 sqft

    Corner positioning and on-site parking support customer access at this established commercial building.

    View details
    Retail Space with Immediate Availability
    Retail Space with Immediate Availability

    2325 S Venoy Road, Westland, MI 48186

    Contact for pricing
    2,448 sqft

    Commercial space available for retail, pharmacy, medical, legal, or insurance-related occupancy.

    View details
    Dearborn Walgreens For Sale
    Dearborn Walgreens For Sale

    13601 W Warren Ave, Dearborn, MI 48126

    Contact for pricing
    13,816 sqft

    Walgreens property with ±3 years of guaranteed lease term.

    View details
    Former CVS Retail Building
    Former CVS Retail Building

    29347 Ann Arbor Trail, Westland, MI 48185

    Contact for pricing
    16,700 sqft

    Former CVS retail building with a newer roof, updated HVAC, and recently resurfaced parking lot.

    View details

    Off-Market Properties in Southgate, MI

    Consider similar Off-Market properties in Southgate, 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.

    12998 Northline Rd
    DRUG STORE, PHARMACY

    12998 Northline Rd, Southgate, MI 48195-1112

    $75,000
    Estimated value
    600 sqft 0.05 AC lot
    View details
    13545 Eureka Rd
    DRUG STORE, PHARMACY

    13545 Eureka Rd, Southgate, MI 48195-1334

    $695,000
    Estimated value
    11,038 sqft 1.17 AC lot
    View details

    Southgate, MI Drug Stores Market Trends and Statistics

    Explore 4 drug stores for sale in Southgate, MI on our real estate platform. These investment opportunities span a total of 10,972 square feet of properties for sale, with an estimated market value of $3,700,000.

    Sale prices for pharmacies in Southgate, MI average $1,850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 11
    Automotive properties 4
    Shopping centers 3
    Showrooms 3
    Auto shops 2

    Demographics Overview

    Population 30K
    Population Growth (5Y) +1.0%
    Median Household Income $64,635
    College Educated 27.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48195 $1.9M

    Taxes & Financing

    Tax Rate (average for all types) 6.93%
    Property Tax per SF $93.01 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 Southgate fall within the 50,000 to 100,000 square foot range.

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Drug stores for Sale Near Southgate, MI

    Popular Searches in Southgate, MI

    Popular Categories

    Most Searched ZIP Codes in Southgate, MI

    • 48195

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!