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Renovated Corner Retail Space
For Lease
$15 SF/Yr

500 Manistique Street, Detroit, MI 48215

Fully renovated building systems support a near-turnkey layout for immediate occupancy.

Space Size4,100 SF
Days on Market69

Property Features for 500 Manistique Street

General Information

Standard status Active
Size 4,100 SF
Property subtype Special Purpose
Lease Term Gross

Building Details

Building Size 4,100 SF

Spaces For Lease

at 500 Manistique Street Contact us

Space 1 $15/SF/Yr

Size
4,100 SF
Type
Free Standing Building
Term
Negotiable
Contact us
Listing Agency:
Listed By: Michael Scamardella
Source: Linorealty
Added: Jun 24 Changed: Aug 29 Last Checked: Aug 30 at 2:37PM

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 Michael Scamardella

Investment Insights

Based on property information with market context.

This 4,100-square-foot retail space occupies a corner position and features a fully renovated building system package. The layout was formerly configured for grocery use and is presented in near-turnkey condition for immediate occupancy.

Located at 500 Manistique Street in Detroit’s Jefferson Chalmers neighborhood, the property is suited to retail, food, and service-oriented uses. Its corner configuration provides a clear physical presence within the neighborhood commercial setting.

Key Highlights

  • 4,100 SF corner retail space
  • Fully renovated building systems
  • Former grocery layout with near‑turnkey configuration

Property Analytics

Current Use

Crumbs Cookie Station Bakery Neighborhood Grocery Grocery & Convenience Store

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Building Supply Nail Salon Pharmacy

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

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

306
Businesses Nearby
7k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Mobil Shops & Services
7,058 visits/mo 0.5 miles

Demographics for 48215, MI

10,520
Population
6,044
Households
1.7
Avg Household Size
41
Median Age
19%
College-Educated
85%
High-School Grad
3.9 sq mi
ZIP Area
2,697
Density / Sq Mi
$33,741
Median Household Income
$36,728
Median Earnings
$897
Median Rent
$105,400
Median Home Value

Market

Lease Benchmarks for Detroit, MI

$15.41 /SF/Yr
Avg Asking Price
$5.35–$30 /SF/Yr
Price Range
9,701 SF
Avg Space Size

This space is priced 3% below the average of $15.41 /SF/Yr.

Vacancy Rate% for Retail in Detroit, MI

7.5% 2019
9.2% 2020
8.5% 2021
7.3% 2022
7.9% 2023
7% 2024
7% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Fully renovated building systems support a near-turnkey layout for immediate occupancy.
Where is this retail space located?
The property is located at 500 Manistique Street Detroit, MI.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 4,100 SF corner retail space; Fully renovated building systems; Former grocery layout with near‑turnkey configuration
More about this property
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