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Retail Space at Shopping Plaza
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3187 Union Lake Road, Commerce Twp, MI 48382

Retail-oriented commercial space within a multi-tenant plaza serving a densely populated residential trade area.

Property SizeContact for details
Days on Market4

Property Features for 3187 Union Lake Road

General Information

Standard status Active

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Tenancy Multi
Listing Agency: GRI Homes for Today
Listed By: Tjader Gerdom · License #6502367710
Source: Blueowlprop
Added: Sep 11 Changed: Sep 13 Last Checked: Sep 13 at 11:55AM

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 GRI Homes for Today

Investment Insights

Based on property information with market context.

The property is a retail space within Commerce Village Plaza, a multi-tenant commercial center at 3187 Union Lake Road in Commerce Township. The surrounding area includes a substantial residential population, supporting a retail-oriented setting with office use also identified in the property information.

Access is provided by three curb cuts: two along Union Lake Road and one on Bywater Street. M-5 is located 2.5 miles south, providing a direct regional connection. Businesses identified at the plaza include Hungry Howie's, Main Street Market Place, Commerce Jewelry & Watch Repair, Dry Cleaning by Value, and Jasmine Nails.

Key Highlights

  • Retail space within Commerce Village Plaza
  • Three curb cuts: two on Union Lake Road and one on Bywater Street
  • M‑5 is 2.5 miles south of the property

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Garden Center Electrical Service Hair Salon Locksmith

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

488
Businesses Nearby

Demographics for 48382, MI

23,334
Population
8,857
Households
2.6
Avg Household Size
42
Median Age
49%
College-Educated
97%
High-School Grad
16.6 sq mi
ZIP Area
1,406
Density / Sq Mi
$132,602
Median Household Income
$59,784
Median Earnings
$1,685
Median Rent
$404,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail-oriented commercial space within a multi-tenant plaza serving a densely populated residential trade area.
Where is this retail space located?
The property is located at 3187 Union Lake Road Commerce Twp, MI.
What are key features of this property?
This property features: Retail space within Commerce Village Plaza; Three curb cuts: two on Union Lake Road and one on Bywater Street; M‑5 is 2.5 miles south of the property
More about this property
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