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    Main Street Storefront Opportunity Title is generated by Realmo AI

    105 West Huron Street, Milford, MI 48381

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    For Sale
    $1,120,000

    Unique storefront in downtown Milford, suitable for retail or restaurant.

    Type:Retail
    Property size:
    5,135 SF
    Price / SF:
    $218/SF
    Added:
    Mar 25, 2026
    Days on Market:
    104
    Last Refresh:
    Mar 18 at 8:06 am

    Property Features for 105 West Huron Street

    General Information

    Standard status
    Active
    Size
    5,135 SF
    Property subtype
    Retail

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    Chuck Ginster

    Listing office

    Listing date Mar 25, 2026

    Source Cbre

    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 Chuck Ginster

    HighLights

    • Prime Main Street storefront location in downtown Milford.
    • B‑3 zoning allows for diverse retail uses.
    • Potential for restaurant or carry‑out business.
    • Ideal for investors or owner‑occupiers.
    • Existing lease provides immediate income stream (expires August 2025).
    • Unique purchase opportunity.

    Overview

    This unique storefront property is located on Main Street in downtown Milford. Zoned B-3, the property is suitable for many possible retail uses and has potential for restaurant and carry-out businesses. The property offers an opportunity for investors or owner-occupiers. The current lease expires in August 2025. The property size is 5135 square feet.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $110.9k $21.60
    − Vacancy −$7.5k −$1.47
    EGI $103.4k $20.13
    − OpEx −$25.8k −$5.03
    NOI $77.5k $15.10
    5,135 SF · lease $21.60/SF/yr · vacancy 6.80% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $1.11M
    $969.1K – $1.29M (±1% cap)
    NOI $77,530 @ 7.0% cap · market cap 6.92%
    Second Best
    Retail
    $789.4K
    $690.7K – $920.9K (±1% cap)
    NOI $55,255 @ 7.0% cap · market cap 4.93%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Your Nesting Place Furniture & Home Goods

    Suggested Use

    HVAC Service Auto Parts Store Hotel & Motel Grocery & Convenience Store Electrical Service Big Box & Wholesale Store Travel Agency Garden Center Hair Salon Car Rental Facility

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

    Similar Places Nearby

    • The Village Florist — 401 N Main St, Milford, MI 48381
    • Blossoms On Main — 245 N Main St, Milford Charter Twp, MI 48381
    • Kroger Floral — 670 Highland Ave, Milford, MI 48381
    • Art of Plants — 204 S Main St, Milford Charter Twp, MI 48381

    Location Insight

    • Map
    • Local Demand
    City
    Milford
    County
    Oakland
    State
    Michigan
    Longitude
    -83.6009431
    Latitude
    42.585159

    FAQs

    What type of property is this?
    Storefront property - Unique storefront in downtown Milford, suitable for retail or restaurant.
    Where is this storefront property located?
    The property is located at 105 West Huron Street Milford, MI.
    What is the asking price?
    The asking price for this property is $1,120,000.
    What are key features of this property?
    This property features: Prime Main Street storefront location in downtown Milford.; B‑3 zoning allows for diverse retail uses.; Potential for restaurant or carry‑out business.
    More about this property
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