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Downtown Milford Multi-Tenant Office Building
For Sale
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127-131 E Commerce Street, Milford, MI 48381

Multi-tenant office building in downtown Milford for sale.

Property Size5,200 SF
Price / SF$152.88
Days on Market156

Property Features for 127-131 E Commerce Street

General Information

Standard status Active
Size 5,200 SF
Total Parking Spaces 5
Property subtype Retail, Office
Zoning B-2 Central Business District
Net Operating Income $60,054

Building Details

Year Built 1950
Year Renovated 1993
Stories 2
Tenancy Multi
Listing Agency: Thomas Duke Company
Listed By: Eric Szerlag · License #MI 6501343471
Source: Crexi
Added: Mar 19 Changed: Aug 8 Last Checked: Aug 20 at 6:20PM

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

Investment Insights

Based on property information with market context.

This multi-tenant office building is located in downtown Milford, specifically on the north side of East Commerce Street, just east of Main Street. The property has a size of 5200 square feet.

Key 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.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick HVAC Service Auto Parts Store Electrical Service Grocery & Convenience Store Garden Center Big Box & Wholesale 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

793
Businesses Nearby

Demographics for 48381, MI

13,794
Population
5,588
Households
2.5
Avg Household Size
45
Median Age
45%
College-Educated
96%
High-School Grad
19.5 sq mi
ZIP Area
707
Density / Sq Mi
$103,156
Median Household Income
$61,929
Median Earnings
$1,146
Median Rent
$386,800
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Multi-tenant office building in downtown Milford for sale.
Where is this office building located?
The property is located at 127-131 E Commerce Street Milford, MI.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Multi‑tenant office building offers diverse income potential.; Located in downtown Milford, providing convenient access.; Situated on E. Commerce Street, a well‑known thoroughfare.
(248) 476-3700 Call to check price and availability
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