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Multi-Unit Strip Mall
For Sale
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513-515 11 Mile Road, Madison Heights, MI 48071

Multiple suites offer convenient access to I-75 with building signage available.

Property Size800 SF
Price / SF$1.25
Days on Market461

Property Features for 513-515 11 Mile Road

General Information

Standard status Active
Size 800 SF
Property subtype General Commercial

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $8,844

Amenities

3

Building Details

Year Built 1961
Listing Agency: Pilot Property Group - Residential LLC
Listed By: Alexander Termini · License #6501392648
Source: Xome
Added: May 17, 2025 Changed: Aug 20 Last Checked: Aug 20 at 6:10AM

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 Pilot Property Group - Residential LLC

Investment Insights

Based on property information with market context.

This strip mall property at 513-515 11 Mile Road in Madison Heights, Michigan, offers multiple units for sale. Available spaces include approximately 800 square feet and 1,700 square feet, providing options for different operating requirements. Building signage is available for occupants.

The property is positioned near I-75, with convenient highway access. Constructed in 1961, the building provides an established commercial setting for retail or storefront occupancy.

Key Highlights

  • Multiple units available, including 800 sqft and 1,700 sqft options
  • Convenient access to I‑75
  • Building signage available

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Restaurant Spa & Massage 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.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

574
Businesses Nearby

Demographics for 48071, MI

28,468
Population
14,690
Households
1.9
Avg Household Size
39
Median Age
32%
College-Educated
89%
High-School Grad
7.1 sq mi
ZIP Area
4,010
Density / Sq Mi
$66,726
Median Household Income
$49,151
Median Earnings
$1,138
Median Rent
$190,300
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - Multiple suites offer convenient access to I-75 with building signage available.
Where is this strip mall located?
The property is located at 513-515 11 Mile Road Madison Heights, MI.
What are key features of this property?
This property features: Multiple units available, including 800 sqft and 1,700 sqft options; Convenient access to I‑75; Building signage available
More about this property
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