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Multi-Tenant Retail Property
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101 - 117 Willits Street, Birmingham, MI 48009

Fully leased retail condominium with four occupants, including restaurants, a jeweler, and a financial institution.

Property Size25,396 SF
Days on Market144

Property Features for 101 - 117 Willits Street

General Information

Standard status Active
Size 25,396 SF
Property subtype Retail
Occupancy 100%

Building Details

Tenancy Multi
Listing Agency: Aeres Real Estate
Listed By: Angela Thomas · License #6​5​0​6​0​4​6​2​2​0
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 2:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Aeres Real Estate

Investment Insights

Based on property information with market context.

The retail condominium at 101–117 Willits Street contains 25,396 square feet and is fully leased to four tenants. The occupant mix includes two restaurants, a jeweler, and a financial institution. The property carries 100% occupancy, with a current weighted average remaining lease term of 6.00 years.

Positioned in downtown Birmingham, the asset has a Walk Score of 88 and is within walking distance of businesses, restaurants, upscale retail, and other amenities. Nearby occupants named in the property information include UBS, Ethan Allen, Moosejaw, Starbucks, and McCann. The surrounding market has maintained retail occupancy between 95% and 99% over the past ten years.

Key Highlights

  • 25,396‑square‑foot retail condominium at 101–117 Willits Street
  • 100% occupied by four tenants
  • Tenant mix includes two restaurants, a jeweler, and a financial institution

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Electrical Service Grocery & Convenience Store Auto Parts Store (Bike/Boat/Book/etc) Store Auto Repair Shop Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,363
Businesses Nearby
55k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 56% Shops & Services 18% Home Improvements & Furnishings 14% Apparel 7%
Kroger Groceries
30,850 visits/mo 0.3 miles
Paper Source Shops & Services
4,636 visits/mo 0.1 miles
Evereve Apparel
3,585 visits/mo 0.1 miles
CB2 Home Improvements & Furnishings
2,992 visits/mo 0.1 miles
West Elm Home Improvements & Furnishings
2,716 visits/mo 0.0 miles

Demographics for 48009, MI

21,817
Population
10,333
Households
2.1
Avg Household Size
43
Median Age
77%
College-Educated
99%
High-School Grad
5.0 sq mi
ZIP Area
4,363
Density / Sq Mi
$152,443
Median Household Income
$84,415
Median Earnings
$1,891
Median Rent
$712,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Fully leased retail condominium with four occupants, including restaurants, a jeweler, and a financial institution.
Where is this retail space located?
The property is located at 101 - 117 Willits Street Birmingham, MI.
What are key features of this property?
This property features: 25,396‑square‑foot retail condominium at 101–117 Willits Street; 100% occupied by four tenants; Tenant mix includes two restaurants, a jeweler, and a financial institution
(248) 978-5421 Call to check price and availability
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