23051 ARMADA RIDGE RD, Armada, MI 48005

Building Details

Buildings 1 More

Listing Agency: Epique Realty - Bloomfield Hills

Listed By: Michael Blake · License MI #6501309611 Show Phone

Source: Crexi

Added: Oct 26 Changed: Nov 8 Last Checked: Nov 8 at 5:26PM

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Investment Insights

Based on property information with market context.

At 23051 Armada Ridge Rd in Armada Village, this commercial building has 4,000 square feet of upper-level space and a basement used for storage. The upper floor may be converted to multifamily units, while the building is described as able to accommodate multiple businesses.

Key Highlights

• 4,000 square feet of upper‑level space
• Basement provides storage space
• Located in downtown Armada

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Dental Office Nail Salon Bakery

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

154

Businesses Nearby

Explore this area Business Placement

Demographics for 48005, MI

5,318

Population

1,869

Households

2.8

Avg Household Size

46

Median Age

31%

College-Educated

96%

High-School Grad

36.5 sq mi

ZIP Area

146

Density / Sq Mi

$110,946

Median Household Income

$53,574

Median Earnings

$1,141

Median Rent

$294,200

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

Frequently Asked Questions

What type of property is this?

Mixed-use property - Upper-level space and a basement offer separate areas for business use and storage.

Where is this mixed-use property located?

The property is located at 23051 ARMADA RIDGE RD Armada, MI.

What is the asking price?

The asking price for this property is $439,900.

What are key features of this property?

This property features: 4,000 square feet of upper‑level space; Basement provides storage space; Located in downtown Armada