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Two-Building Flex Property
New
For Sale
$799,900

12515 Mill St, Carleton, MI 48117

Adjacent buildings offer warehouse, shop, storage, and office configurations.

Property Size9,000 SF
Lot Size0.81 Acres
Price / SF$88.88
Days on Market3

Property Features for 12515 Mill St

General Information

Standard status Active
Size 9,000 SF
Lot size 0.81 Acres
Property subtype Commercial

Site & Location

Highway Access Yes
Outdoor Storage Yes

Building Details

Year Built 1988
Buildings 2
Listing Agency: Coldwell Banker Haynes Real Estate Commercial
Listed By: Cole McNew · License #6501447424
Source: Elliman
Added: Jul 30 Changed: Jul 31 Last Checked: Aug 1 at 6:44AM

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 Coldwell Banker Haynes Real Estate Commercial

Investment Insights

Based on property information with market context.

This flex property includes two adjacent commercial buildings offered together, with nearly 9,000 square feet of combined warehouse and commercial space on approximately 0.81 acres. Built in 1988, the property provides layouts that include warehouse, shop, storage, and office areas, supporting a range of operational configurations. The outdoor space accommodates parking, equipment storage, and vehicle access.

Located at 12515 Mill St in the Village of Carleton, the property offers access to I-275, I-75, and US-24 for regional connectivity throughout Southeast Michigan. The multi-building layout and combination of interior commercial space and outdoor storage areas provide flexibility for businesses requiring warehouse, service, or distribution functions.

Key Highlights

  • Two adjacent commercial buildings offered together as one package
  • Nearly 9,000 square feet of combined warehouse and commercial space
  • Approximately 0.81 acres with outdoor space for parking, equipment storage, and vehicle access

Property Analytics

Current Use

Contractors Office Installation Furniture & Home Goods

Suggested Use

Top Pick Dental Office HVAC Service Hair Salon Building Supply Pharmacy Auto Parts 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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

126
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48117, MI

10,154
Population
4,316
Households
2.4
Avg Household Size
46
Median Age
14%
College-Educated
92%
High-School Grad
54.1 sq mi
ZIP Area
188
Density / Sq Mi
$76,600
Median Household Income
$52,338
Median Earnings
$1,081
Median Rent
$276,600
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Adjacent buildings offer warehouse, shop, storage, and office configurations.
Where is this flex space located?
The property is located at 12515 Mill St Carleton, MI.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Two adjacent commercial buildings offered together as one package; Nearly 9,000 square feet of combined warehouse and commercial space; Approximately 0.81 acres with outdoor space for parking, equipment storage, and vehicle access
More about this property
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