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    525 N Main St Milford, MI 48381

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    For Sale
    $6,795,000

    Stabilized multi-tenant retail center in downtown Milford, Michigan.

    Property size:
    36,300 SF
    Lot size:
    4.24 Acres

    Property Features for 525 N Main St

    General Information

    Size
    36,300 SF
    Lot size
    4.24 Acres

    Source: Thomas A. Duke Company Agent Mark T. Schafer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Milford Retail Center

    The Mill Valley Retail Center presents an opportunity to acquire a stabilized multi-tenant retail center situated in the heart of downtown Milford, Michigan. As the largest retail center of its kind on Main Street, it benefits from an unparalleled location and significant barriers to entry, establishing it as a dominant presence in downtown Milford for years to come. The property is located on the west side of Main Street, just north of Commerce Street, anchoring the north end of Milford's Downtown Commercial District. The location benefits from heavy pedestrian traffic. The property is a 36,300 square foot retail center. Tenants include Charlie's Still on Main, Michigan Rock School, Team Rehabilitation, Method Barre, Jets Pizza and others.
    Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

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

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

    Similar Places Nearby

    Prospect Hill Shopping Center, Mill Valley Center, Secretary of State Self-service Station, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Milford
    County
    Oakland
    State
    Michigan
    Longitude
    -83.6014705
    Latitude
    42.5930802

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    FAQs

    What type of property is this?
    Shopping center - Stabilized multi-tenant retail center in downtown Milford, Michigan.
    Where is this shopping center located?
    The property is located at 525 N Main St Milford, MI.
    What is the asking price?
    The asking price for this property is $6,795,000.
    What are key features of this property?
    This property features: - Dominant retail center in downtown Milford.; - Located in the heart of downtown Milford.; - Stabilized multi-tenant retail center.
    (248) 567-8007
    Request Owner's contact information
    525 N Main St Milford, MI 48381
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    Milford, MI 48381
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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
    525 N Main St Milford, MI 48381
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