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Established Barber Shop Retail Space
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For Sale
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11564 15 Mile, Sterling Heights, MI 48315

Existing barber shop includes six stations with sinks and the operating equipment remains with the property.

Property Size1,100 SF
Price / SF$25
Days on Market3

Property Features for 11564 15 Mile

General Information

Standard status Active
Size 1,100 SF
Property subtype Business Opportunity

Additional Details

Business Included Yes
Listing Agency: Realty Executives Home Towne Shelby
Listed By: Dominic Mark Romano · License #6506022980
Source: Sellinghomesinmichigan
Added: Sep 13 Last Checked: Sep 14 at 1:28PM

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 Realty Executives Home Towne Shelby

Investment Insights

Based on property information with market context.

This retail space is configured for an established barber shop that has operated continuously since 1969. The premises include six barber stations with sinks, and the existing equipment is included in the sale. Current staffing consists of two full-time barbers and one part-time barber.

The property is located at 11564 15 Mile in Sterling Heights, at the intersection of 15 Mile and Dodge Park. Its corner position places the space at a prominent crossroads with other businesses nearby.

Key Highlights

  • Established barber shop operating continuously since 1969
  • Six barber chairs with sinks
  • Existing barber shop equipment included

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Law Firm Hair Salon Parking Lot & Garage Dental Office Daycare Center (Bike/Boat/Book/etc) Store

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

246
Businesses Nearby
31k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 97% Beauty & Spa 3%
Speedway Shops & Services
18,414 visits/mo 0.1 miles
Shell Shops & Services
6,175 visits/mo 0.1 miles
7-Eleven Shops & Services
5,259 visits/mo 0.0 miles
Supercuts Beauty & Spa
778 visits/mo 0.2 miles

Demographics for 48315, MI

28,597
Population
11,252
Households
2.5
Avg Household Size
48
Median Age
33%
College-Educated
92%
High-School Grad
12.9 sq mi
ZIP Area
2,217
Density / Sq Mi
$99,512
Median Household Income
$54,587
Median Earnings
$1,181
Median Rent
$357,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Retail space - Existing barber shop includes six stations with sinks and the operating equipment remains with the property.
Where is this retail space located?
The property is located at 11564 15 Mile Sterling Heights, MI.
What are key features of this property?
This property features: Established barber shop operating continuously since 1969; Six barber chairs with sinks; Existing barber shop equipment included
More about this property
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