Retail Space with Building
For Lease
$1,000/Mo
513-515 W 11 Mile Road, Madison Heights, MI 48071
COM/IND/BUS OPP, Madison Heights, MI
Space Size800 SF - 1,700 SF
Lot Size0.41 Acres
Days on Market466
Property Features for 513-515 W 11 Mile Road
General Information
Property type
Commercial Lease
Property subtype
Other
Parking features
Parking Lot
Subdivision
Bretton Woods
Lot features
Main Street
Standard status
Active
APN
25-23-204-002
Size
800 SF
Lot size
0.41 Acres
Utilities
Heating system
Forced Air
Water source
Public
Amenities
Building Signage Available
Building Details
Year built
1961
Roof type
Flat
Listing Agency:
Pilot Property Group - Residential LLC
(586) 254-0900
Listed By:
Alexander Termini · License #6501392648
(586) 291-0499
Added: May 19, 2025
Changed: Aug 19
Last Checked: Aug 27 at 11:06PM
MLS# 50175254
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Investment Insights
Based on property information with market context.
This retail property includes multiple available units within a building constructed in 1961. Building signage is available, and the property offers a parking lot for customers and occupants. Forced-air heating, a flat roof, and public water service are in place.
The property is located on W 11 Mile Road in Madison Heights, with close access to I-75. Its retail classification and multi-unit configuration support a range of storefront-oriented commercial uses, subject to applicable requirements.
The property is located on W 11 Mile Road in Madison Heights, with close access to I-75. Its retail classification and multi-unit configuration support a range of storefront-oriented commercial uses, subject to applicable requirements.
Key Highlights
- Multiple retail units available
- Building signage available
- Close access to I‑75
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
524
Businesses Nearby
46k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 55%
Dining 42%
Beauty & Spa 3%
Tim Hortons
Dining
9,596 visits/mo
0.5 miles
BP
Shops & Services
8,064 visits/mo
0.4 miles
7-Eleven
Shops & Services
7,240 visits/mo
0.2 miles
BIGGBY COFFEE
Dining
6,423 visits/mo
0.1 miles
Belle Tire
Shops & Services
5,555 visits/mo
0.4 miles
Demographics for 48071, MI
28,468
Population
14,690
Households
1.9
Avg Household Size
39
Median Age
32%
College-Educated
89%
High-School Grad
7.1 sq mi
ZIP Area
4,010
Density / Sq Mi
$66,726
Median Household Income
$49,151
Median Earnings
$1,138
Median Rent
$190,300
Median Home Value
Market
Lease Benchmarks for Madison Heights, MI
$14.18 /SF/Yr
Avg Asking Price
$6.66–$21.6 /SF/Yr
Price Range
4,931 SF
Avg Space Size
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Multiple units offer flexible retail configurations with on-site parking and convenient I-75 access.
Where is this retail space located?
The property is located at 513-515 W 11 Mile Road Madison Heights, MI.
What is the lease rate?
The lease rate is $1,000/Mo.
What are key features of this property?
This property features: Multiple retail units available; Building signage available; Close access to I‑75
