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Retail Building
New
For Sale
$3,000,000

23100 Coolidge Hwy, Oak Park, MI 48237

MX-2 zoning and owner occupancy of roughly two-thirds of the building, with that space set to be vacated at closing.

Property Size34,000 SF
Lot Size2.40 Acres
Price / SF$88.24
Days on Market5

Property Features for 23100 Coolidge Hwy

General Information

Standard status Active
Size 34,000 SF
Total Parking Spaces 170
Lot size 2.40 Acres
Property subtype Retail
Zoning MX-2

Additional Details

Sprinkler System Yes

Building Details

Building Size 34,000 SF
Buildings 1
Listing Agency: O'Connor Real Estate
Listed By: Sloane Walsh
Source: Cpix.resimplifi
Added: Sep 23 Changed: Sep 26 Last Checked: Sep 26 at 2:50PM

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 O'Connor Real Estate

Investment Insights

Based on property information with market context.

The retail property at 23100 Coolidge Hwy includes a fire-sprinklered building on a 2.4-acre site. The owner occupies roughly two-thirds of the leasable area and plans to vacate that space at closing.

The property has between 160 and 170 parking spaces and is zoned MX-2.

Key Highlights

  • 2.4‑acre site
  • Between 160 and 170 parking spaces
  • Fire‑sprinklered building

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Accounting Firm (Bike/Boat/Book/etc) 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
Sprinkler system

Location Intelligence

Trade Area within ½ mile

599
Businesses Nearby
88k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 76% Dining 20% Apparel 5%
Dollar Tree Shops & Services
16,942 visits/mo 0.1 miles
Public Service Credit Union Shops & Services
10,513 visits/mo 0.2 miles
Dollar General Shops & Services
10,050 visits/mo 0.3 miles
Family Dollar Shops & Services
8,857 visits/mo 0.1 miles
KFC Dining
6,802 visits/mo 0.3 miles

Demographics for 48237, MI

29,560
Population
13,036
Households
2.3
Avg Household Size
38
Median Age
39%
College-Educated
93%
High-School Grad
5.1 sq mi
ZIP Area
5,796
Density / Sq Mi
$65,882
Median Household Income
$44,992
Median Earnings
$1,354
Median Rent
$198,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Retail space - MX-2 zoning and owner occupancy of roughly two-thirds of the building, with that space set to be vacated at closing.
Where is this retail space located?
The property is located at 23100 Coolidge Hwy Oak Park, MI.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 2.4‑acre site; Between 160 and 170 parking spaces; Fire‑sprinklered building
More about this property
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