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    Commerce Twp, MI
    Grocery Store

    Commerce Twp, MI Grocery And Convenience Stores for Sale

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    White Lake, MI Walled Lake, MI Wixom, MI Highland, MI Lake City, MI Milford, MI Waterford, MI Bloomfield Twp, MI
    Established Convenience Store with Rental Income
    Updated: Oct 4, 2024
    Established Convenience Store with Rental Income

    1215 W Oakley Park Road, Commerce Twp, MI 48390

    $825,000
    3,117 sqft
    Established convenience store (20+ years) with liquor/beer/wine/lotto license included
    Multi‑unit rental income from apartment above store and attached house
    Includes business, building, land, house, apartment, and liquor license in sale
    High traffic location close to South Commerce Lake with lake views
    Land development opportunity
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    This listing looks promising.

    Here's a quick look at some key insights for

    1215 W Oakley Park Road, Commerce Twp, MI 48390

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    • Est. Cap Rate

      5.7%
      NOI ÷ price

    • Est. NOI

      $47K
      Annual

    • Mortgage

      $200K
      Aug 2002

    • Last Sold

      Jun 2004
      $365K

    • Property Type

      Retail Stores
      Built 1929
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Commerce Twp, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Starbucks Double Net-Leased Investment
    Starbucks Double Net-Leased Investment

    27835 Orchard Lake Rd, Farmington Hills, MI 48334

    $1,971,698
    1,987 sqft

    Single-tenant Starbucks in Farmington Hills with nearly 9 years remaining.

    View details
    Farmington Hills Retail Business Opportunity
    Farmington Hills Retail Business Opportunity

    29216 Orchard Lake Rd, Farmington Hills, MI 48334

    $230,000
    16,000 sqft

    Startup business opportunity with newly built-out space and equipment.

    View details
    Anchored Retail Property For Sale
    Anchored Retail Property For Sale

    17005-17375 Silver Pkwy, Fenton, MI 48430

    Contact for pricing
    164,632 sqft

    Retail property with stable anchor tenant in a growing market.

    View details
    Grocery Anchored Retail Center
    Grocery Anchored Retail Center

    17005-17375 Silver Parkway, Fenton, MI 48430

    Contact for pricing
    100,000 sqft

    Retail center anchored by a grocery store in Fenton, MI.

    View details

    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.

    Corner Commercial Land with High Road Frontage
    Corner Commercial Land with High Road Frontage

    Highland Road, White Lake, MI 48383

    $215,000
    1.16 AC lot

    Commercial land parcel on a corner with substantial frontage on heavily traveled Highland Road.

    View details
    Northville Commercial Pad Site Available
    Northville Commercial Pad Site Available

    18803 Traditions Drive |, Northville, MI 48168

    Contact for pricing
    1.12 AC lot

    1.12-acre pad site in Northville Park Place for sale.

    View details
    Romulus Land with Development Potential
    Romulus Land with Development Potential

    6130 WAYNE Road, Romulus, MI 48174

    $195,000
    11.70 AC lot

    11.7 acre parcel zoned for commercial and multi-family development.

    View details
    Romulus Retail Development Opportunity
    Romulus Retail Development Opportunity

    32870 Wick Road |, Romulus, MI 48174

    Contact for pricing
    30.00 AC lot

    Highway service retail development site near Detroit Metropolitan Airport.

    View details

    Commerce Twp, MI Grocery And Convenience Stores Market Trends and Statistics

    Explore 1 grocery and convenience stores for sale in Commerce Twp, MI on our real estate platform. These investment opportunities span a total of 3,117 square feet of properties for sale, with an estimated market value of $825,000.

    Sale prices for supermarkets in Commerce Twp, MI start at $825,000, averaging $825,000, and reaching up to $825,000 — 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

    Grocery and convenience stores 1

    Demographics Overview

    Population 48K
    Population Growth (5Y) +0.7%
    Median Household Income $110,749
    College Educated 62.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    Walled Lake - 48390 $825K

    Listings Trend

    New vs delisted commercial listings in Oakland County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Oakland County

    Retail

    Residential Income

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