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    1450 W 13 Mile Rd Madison Heights, MI 48071

    For Lease
    $14,000 /Mo ($28 SF/Yr)

    Real Estate Only - Madison Heights, MI

    Property size:
    5,932 SF
    Lot size:
    0.52 Acres
    Days on Market:
    33
    Last Refresh:
    Dec 6 at 6:06 pm

    Property Features for 1450 W 13 Mile Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    2502377004
    Size
    5,932 SF
    Lot size
    0.52 Acres

    Building Details

    Year built
    1959
    Floors in Building
    1
    Building materials
    Block, Brick
    Architectural style
    Other

    RK Real Estate LLC (586) 873-5537 [email protected]

    Listing agent Rrok Koleci (586) 873-5537

    Listing date Nov 4, 2025

    MLS# 20251051202 Listing URL

    Copyright © 2025 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Madison Heights Commercial Lease Opportunity

    This commercial space, located in Madison Heights, Michigan, offers a multi-tenant opportunity with over 5,900 square feet available for lease. The space is suitable for a brand-new restaurant, food hall, or mixed-use concept. Flexible options exist to subdivide the space, and the former liquor store is equipped with restaurant hoods, making it ready for various concepts, from full-service or fast-casual restaurants to specialty foods or retail with dining. The property is situated at the corner of 13 Mile and Stevenson, offering a prime location near residential areas with easy access to commercial businesses and nearby freeways. The location benefits from a lack of immediate food competitors, potentially creating a strong market entry. The landlord is open to subdividing the space, provided there is a long-term lease commitment. The property is located on a 0.52-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Madison Discount Beverage Liquor Store ATM Atm Cash2Bitcoin Bitcoin ATM Atm Western Union Money Transfer Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Madison Heights
    County
    Oakland
    State
    Michigan
    Longitude
    -83.092139
    Latitude
    42.519379

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    FAQs

    What type of property is this?
    Restaurant - Multi-tenant space ideal for restaurant, food hall, or mixed-use.
    Where is this restaurant located?
    The property is located at 1450 W 13 Mile Rd Madison Heights, MI.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: - Prime corner location at 13 Mile & Stevenson in Madison Heights, near residential areas and commercial businesses with easy freeway access.; - 5,900+ sq ft multi-tenant space with flexible subdivision options for long-term leases.; - Equipped with restaurant hoods, suitable for various food concepts (full-service, fast-casual, specialty foods).
    (586) 873-5537
    Request Owner's contact information
    1450 W 13 Mile Rd Madison Heights, MI 48071
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    Madison Heights, MI 48071
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1450 W 13 Mile Rd Madison Heights, MI 48071
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