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Mixed-Use Retail Property
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Pending

165 Pierce St, Birmingham, MI 48009

Multi-tenant commercial building with established restaurant, office, and retail occupancy in a walkable downtown setting.

Property Size15,538 SF
Lot Size0.18 Acres
Days on Market143

Property Features for 165 Pierce St

General Information

Standard status Pending
Size 15,538 SF
Lot size 0.18 Acres
Property subtype Mixed Use
Occupancy 80%

Building Details

Buildings 1
Tenancy Multi
Listing Agency: AQRE Advisors
Listed By: Kyle Simon · License #6501390806
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 31 at 12:52AM

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 AQRE Advisors

Investment Insights

Based on property information with market context.

Maple Pierce Shoppes is a 15,538-square-foot mixed-use building on 0.18 acres at 165-217 Pierce St. in Birmingham, Michigan. The property is currently 80% occupied, with existing users including Toast Birmingham, Townhouse Kitchen & Bar, and Vision Growth Partners. Its tenant mix spans restaurant and office uses within a multi-tenant commercial setting.

Several building improvements have been completed, including a modernized buildout for Vision Growth Partners. The majority of the tenants have operated at the property for 8+ years, providing an established occupancy profile. The asset is positioned in downtown Birmingham, with its address on Pierce Street and a configuration suited to continued mixed-use occupancy.

Key Highlights

  • 15,538 SF mixed‑use building on 0.18 acres
  • 80% current occupancy across restaurant and office uses
  • Existing tenants include Toast Birmingham, Townhouse Kitchen & Bar, and Vision Growth Partners

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Auto Parts Store Storage Facility Garden Center

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

80%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,645
Businesses Nearby
67k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 46% Shops & Services 34% Home Improvements & Furnishings 11% Apparel 5%
Kroger Groceries
30,850 visits/mo 0.2 miles
Exxon Shops & Services
10,086 visits/mo 0.4 miles
Paper Source Shops & Services
4,636 visits/mo 0.1 miles
Evereve Apparel
3,585 visits/mo 0.1 miles
CB2 Home Improvements & Furnishings
2,992 visits/mo 0.1 miles

Demographics for 48009, MI

21,817
Population
10,333
Households
2.1
Avg Household Size
43
Median Age
77%
College-Educated
99%
High-School Grad
5.0 sq mi
ZIP Area
4,363
Density / Sq Mi
$152,443
Median Household Income
$84,415
Median Earnings
$1,891
Median Rent
$712,000
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?
Mixed-use property - Multi-tenant commercial building with established restaurant, office, and retail occupancy in a walkable downtown setting.
Where is this mixed-use property located?
The property is located at 165 Pierce St Birmingham, MI.
What are key features of this property?
This property features: 15,538 SF mixed‑use building on 0.18 acres; 80% current occupancy across restaurant and office uses; Existing tenants include Toast Birmingham, Townhouse Kitchen & Bar, and Vision Growth Partners
(248) 776-6001 Call to check price and availability
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