Farmington Hills Retail Business
For Sale
Contact for pricing
29216 Orchard Lake Rd, Farmington Hills, MI 48334
Startup business opportunity with newly built-out space and equipment.
Property Size16,000 SF
Price / SF$14.38
Days on Market205
Property Features for 29216 Orchard Lake Rd
General Information
Standard status
Active
Size
16,000 SF
Property subtype
Business for Sale, Retail
Occupancy
100%
Lease Type
Gross
Investment Type
Sale/Leaseback
Building Details
Stories
1
Tenancy
Single
Listing Agency:
Resource Realty Group
(734) 732-3789
Listed By:
Larry Gotcher · License #MI MI
Source:
Crexi
Added: Jan 23
Changed: Aug 8
Last Checked: Aug 13 at 4:20PM
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 Resource Realty Group
Investment Insights
Based on property information with market context.
This offering presents a startup business opportunity along the highly trafficked Orchard Lake Rd corridor in Farmington Hills. The property is ideal for an owner-operator or investor looking to launch a market or specialty retail concept with a newly built-out space and brand-new equipment already in place. The business is being offered as a value-add opportunity, allowing a new owner to rebrand, reposition, and tailor the concept to the surrounding community. With minimal upfront capital required for build-out or equipment, a buyer can focus on operations, marketing, and product mix to unlock future growth. The property benefits from strong visibility, convenient access, and proximity to dense residential neighborhoods and complementary retail, making it well-suited for a grocery, specialty food, or similar retail concept. The location has prime Orchard Lake Rd exposure in Farmington Hills. It benefits from a dense surrounding residential base and strong traffic counts of approximately 32,000+ vehicles per day. The property size is 16000 square feet. This is a business-only opportunity; the real estate is not included.
Key Highlights
- Prime location on highly trafficked Orchard Lake Rd in Farmington Hills with ~32,000+ vehicles per day.
- Startup business opportunity with newly built‑out space, minimizing initial build‑out costs.
- Brand‑new equipment included, significantly reducing upfront capital investment.**
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
947
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48334, MI
18,731
Population
8,528
Households
2.2
Avg Household Size
45
Median Age
59%
College-Educated
96%
High-School Grad
9.1 sq mi
ZIP Area
2,058
Density / Sq Mi
$98,937
Median Household Income
$56,067
Median Earnings
$1,511
Median Rent
$327,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Patel Brothers — 28950 Orchard Lake Rd, Farmington Hills, MI 48334
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Startup business opportunity with newly built-out space and equipment.
Where is this grocery and convenience store located?
The property is located at 29216 Orchard Lake Rd Farmington Hills, MI.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Prime location on highly trafficked Orchard Lake Rd in Farmington Hills with ~32,000+ vehicles per day.; Startup business opportunity with **newly built‑out space, minimizing initial build‑out costs.**; Brand‑new equipment included, significantly reducing upfront capital investment.**
