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Two-Building Flex Property
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12517 Mill Street, Carleton, MI 48117

Paired commercial buildings offer warehouse, shop, storage, office, and outdoor operating space.

Property SizeContact for details
Days on Market2

Property Features for 12517 Mill Street

General Information

Standard status Active
Listing Agency: Coldwell Banker Haynes R.E. in Monroe
Listed By: Cole McNew · License #6501447424
Source: Alexmi
Added: Sep 4 Last Checked: Sep 4 at 3:16PM

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 R.E. in Monroe

Investment Insights

Based on property information with market context.

This flex property combines two adjacent commercial buildings with nearly 9,000 square feet of warehouse and commercial space across approximately 0.81 acres. The buildings offer adaptable areas for warehouse operations, shop functions, storage, and offices, while the site provides outdoor space for parking, equipment storage, and vehicle movement.

The property is located in the Village of Carleton at 12517 Mill Street, with access to I-275, I-75, and US-24. That highway network connects the site with communities throughout Southeast Michigan and supports a range of commercial operating needs, including contractor, service, light industrial, warehousing, and distribution uses.

Key Highlights

  • Two adjacent commercial buildings offered together
  • Nearly 9,000 square feet of combined warehouse and commercial space
  • Approximately 0.81 acres

Property Analytics

Current Use

Flex space

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.

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 - Paired commercial buildings offer warehouse, shop, storage, office, and outdoor operating space.
Where is this flex space located?
The property is located at 12517 Mill Street Carleton, MI.
What are key features of this property?
This property features: Two adjacent commercial buildings offered together; Nearly 9,000 square feet of combined warehouse and commercial space; Approximately 0.81 acres
More about this property
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