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Multi-Tenant Shopping Center
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400 North Main Street, Milford, MI 48381

Fully occupied center combines retail and office space with street and municipal parking.

Property Size10,626 SF
Days on Market132

Property Features for 400 North Main Street

General Information

Standard status Active
Size 10,626 SF
Property subtype Retail
Occupancy 100%

Additional Details

Asking Price $2,000,000

Amenities

Street Parking
Rear Municipal Parking

Building Details

Building Size 10,626 SF
Tenancy Multi
Listing Agency: NAI Farbman - Corporate
Listed By: Aiden Bracken · License #6501465617
Source: Farbman
Added: Jun 7 Changed: Oct 6 Last Checked: Oct 16 at 6:48AM

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 NAI Farbman - Corporate

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Investment Insights

Based on property information with market context.

This 10,626-square-foot shopping center is configured for multiple occupants, with retail and office space within the building. The property is fully occupied, providing an established multi-tenant operating profile for a commercial buyer.

Located at 400 North Main Street in downtown Milford, the center benefits from both street parking and a rear municipal parking area. Its combination of retail and office components supports a diverse commercial occupancy format within a single building.

Key Highlights

  • 10,626 SF multi‑tenant retail and office building
  • Fully occupied commercial property
  • Street parking available

Property Analytics

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Current Use

Access Engineering Engineering Consultant Village Toy Shoppe (Bike/Boat/Book/etc) Store Music Time! of Milford Vocational School Classic Man Men's ... Hair Salon Marketplace Machinery Real Estate Agency

Suggested Use

Top Pick HVAC Service Auto Parts Store Electrical Service Grocery & Convenience Store Garden Center Big Box & Wholesale 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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

793
Businesses Nearby
Balanced
Demand for This Use

Demographics for 48381, MI

13,794
Population
5,588
Households
2.5
Avg Household Size
45
Median Age
45%
College-Educated
96%
High-School Grad
19.5 sq mi
ZIP Area
707
Density / Sq Mi
$103,156
Median Household Income
$61,929
Median Earnings
$1,146
Median Rent
$386,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Similar Off Market Nearby

  • Mill Valley Center — 525 N Main St, Milford, MI 48381
  • Prospect Hill Shopping Center — 512 Highland Ave, Milford, MI 48381
  • Coinstar Kiosk | Bitcoin ATM — Kroger - Michigan, 670 Highland Ave, Milford Charter Twp, MI 48381
  • Secretary of State Self-service Station — 670 Highland Ave, Milford, MI 48381

Frequently Asked Questions

What type of property is this?
Shopping center - Fully occupied center combines retail and office space with street and municipal parking.
Where is this shopping center located?
The property is located at 400 North Main Street Milford, MI.
What are key features of this property?
This property features: 10,626 SF multi‑tenant retail and office building; Fully occupied commercial property; Street parking available
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