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Multi-Tenant Retail Storefront
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27241 Southfield Road Lathrup, Southfield, MI 48076

Single-level retail setting with customer parking, roadway exposure, and adaptable interior space.

Property Size1,739 SF
Days on Market55

Property Features for 27241 Southfield Road Lathrup

General Information

Standard status Active
Size 1,739 SF
Property subtype Street Retail

Building Details

Building Size 1,739 SF
Listing Agency: Farbman Group
Listed By: Brad Margolis · License #6501371948
Source: Thebrokerlist
Added: Jul 9 Changed: Aug 31 Last Checked: Aug 31 at 12:34PM

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 Farbman Group

Investment Insights

Based on property information with market context.

This multi-tenant retail property offers a single-level configuration with an open interior plan, full-height storefront glazing, and strong natural light. The layout can accommodate varied merchandising, service, and customer-facing concepts, while updated mechanical and electrical systems support ongoing operations. Multiple entrances, dedicated parking, and available signage areas add practical functionality for visitors and occupants. Landscaping and site lighting contribute to the property’s exterior presentation and evening use.

Located on Southfield Road in Lathrup Village, Michigan, the property provides direct exposure to passing roadway traffic. Its storefront design supports window displays and brand presentation, while the parking area and multiple access points help simplify customer circulation. The combination of adaptable interior space, retail-oriented frontage, and supporting site features creates a functional setting for multiple commercial occupants.

Key Highlights

  • Multi‑tenant, single‑level retail property
  • Full‑height storefront glazing with natural light
  • Open floor plan supports flexible interior build‑outs

Property Analytics

Current Use

Lathrup Pharmacy Pharmacy Progressive Rehab Services Medical Clinic

Suggested Use

Top Pick Auto Repair Shop Real Estate Agency Building Supply Restaurant Auto Parts Store Gym & Fitness 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.

Location Intelligence

Trade Area within ½ mile

465
Businesses Nearby
61k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 50% Dining 34% Apparel 11% Electronics 6%
Panera Bread Dining
16,346 visits/mo 0.2 miles
Discount Tire Store Shops & Services
9,332 visits/mo 0.2 miles
BP Shops & Services
6,016 visits/mo 0.3 miles
FedEx Office Print & Ship Center Shops & Services
5,336 visits/mo 0.2 miles
Chase Bank Shops & Services
5,227 visits/mo 0.2 miles

Demographics for 48076, MI

26,062
Population
11,016
Households
2.4
Avg Household Size
44
Median Age
44%
College-Educated
94%
High-School Grad
7.1 sq mi
ZIP Area
3,671
Density / Sq Mi
$85,171
Median Household Income
$50,210
Median Earnings
$1,451
Median Rent
$251,300
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?
Storefront property - Single-level retail setting with customer parking, roadway exposure, and adaptable interior space.
Where is this storefront property located?
The property is located at 27241 Southfield Road Lathrup Southfield, MI.
What are key features of this property?
This property features: Multi‑tenant, single‑level retail property; Full‑height storefront glazing with natural light; Open floor plan supports flexible interior build‑outs
More about this property
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