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Cherry Hill Village Live/Work Studio
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50409-50469 Independence St, Canton, MI 48188

Live/work studio and office space in Cherry Hill Village.

Space Size1,650 SF - 2,000 SF
Property Size15,000 SF
Days on Market998

Property Features for 50409-50469 Independence St

General Information

Standard status Active
Size 1,650 SF - 2,000 SF
Class B
Total Parking Spaces 27
Property subtype Retail, Office
Lease Type Modified Gross

Building Details

Building Size 15,000 SF
Year Built 2002
Tenancy Multiple

Spaces For Lease

at 50409-50469 Independence St Contact us

2nd Floor

Size
1,650 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Live/Work Studio

Size
2,000 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: NAI Farbman
Listed By: Wendy Acho · License #MI 6501411463
Source: Crexi
Added: Dec 11, 2023 Changed: Aug 27 Last Checked: Sep 4 at 3:36AM

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 NAI Farbman

Investment Insights

Based on property information with market context.

Located in Cherry Hill Village in downtown Canton Township, this mixed-use property offers a live/work studio plus office space. The surrounding area features residential developments by Pulte, Toll Brothers, DPG, MI Homes and Beztak Proprieties. The Village continues to develop additional single-family and multifamily properties within walking distance, with approximately 500 new deliveries in recent years. Canton Township is growing into a professional hub for national and international corporations. Local employers include University of Michigan Health Systems, Ford Motor, Yazaki North America, General Motors, and Johnson Controls.

Key Highlights

  • Mixed‑Use Live/Work Studio + Office in Cherry Hill Village
  • Located in the heart of downtown Canton Township, Cherry Hill Village
  • Surrounded by residential developments by Pulte, Toll Brothers, DPG, MI Homes and Beztak Properties

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Building Supply Parking Lot & Garage Hair Salon Nail Salon Kitchen & Bath Showroom Plumbing Service

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

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

259
Businesses Nearby

Demographics for 48188, MI

46,161
Population
16,885
Households
2.7
Avg Household Size
38
Median Age
56%
College-Educated
95%
High-School Grad
17.9 sq mi
ZIP Area
2,579
Density / Sq Mi
$118,037
Median Household Income
$61,721
Median Earnings
$1,536
Median Rent
$356,700
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?
Live-work space - Live/work studio and office space in Cherry Hill Village.
Where is this live-work space located?
The property is located at 50409-50469 Independence St Canton, MI.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Mixed‑Use Live/Work Studio + Office in Cherry Hill Village; Located in the heart of downtown Canton Township, Cherry Hill Village; Surrounded by residential developments by Pulte, Toll Brothers, DPG, MI Homes and Beztak Properties
(248) 563-0739 Call to check price and availability
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