127-131 E Commerce Street, Milford, MI 48381
Multi-tenant office building in downtown Milford for sale.
- Added:
- Mar 19, 2026
- Days on Market:
- 103
- Last Refresh:
- Mar 20 at 8:41 pm
Property Features for 127-131 E Commerce Street
General Information
- Standard status
- Active
- Size
- 5,200 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 1950
Listing office Thomas Duke Company (248) 476-3700
Listing date Mar 19, 2026
Source Crexi
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 Thomas Duke Company
HighLights
- Multi‑tenant office building offers diverse income potential.
- Located in downtown Milford, providing convenient access.
- Situated on E. Commerce Street, a well‑known thoroughfare.
- East of Main Street, placing it in a desirable section.
- Year built: 1950.
- Located on the north side of E. Commerce Street.
Overview
Local Financial Insights For 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 | $87.4k | $16.80 |
| − Vacancy | −$7.4k | −$1.43 |
| EGI | $79.9k | $15.37 |
| − OpEx | −$24.0k | −$4.61 |
| NOI | $56.0k | $10.76 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Milford
- County
- Oakland
- State
- Michigan
- Longitude
- -83.600046
- Latitude
- 42.591724
