Listing Agency: Birmingham, MI Show Phone

Listed By: Simon Jonna · License #6501357188 Show Phone

Source: Colliers

Added: May 18 Changed: Aug 8 Last Checked: Jul 16 at 3:15AM

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Investment Insights

Based on property information with market context.

This is an 11,168 square foot multi-tenant shopping center situated on a nearly 3-acre site. The property features frontage on Michigan Avenue in Saline, Michigan. It offers stable retail fundamentals and value-add upside within a growing submarket near Ann Arbor.

Key Highlights

• Prime Michigan Avenue frontage
• 11,168 SF multi‑tenant shopping center
• Nearly 3‑acre site

Property Analytics

Property Profile

Current Use

Baker's Nook LLC Bakery Christina's Sweet Treats ... Grocery & Convenience Store

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Plumbing Service Kitchen & Bath Showroom

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

243

Businesses Nearby

12k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

BP Shops & Services

11,582 visits/mo 0.1 miles

Demographics for 48176, MI

22,833

Population

9,076

Households

2.5

Avg Household Size

44

Median Age

58%

College-Educated

96%

High-School Grad

70.8 sq mi

ZIP Area

323

Density / Sq Mi

$110,987

Median Household Income

$53,263

Median Earnings

$1,161

Median Rent

$384,700

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Shopping center - Multi-tenant shopping center with Michigan Avenue frontage in Saline, MI.

Where is this shopping center located?

The property is located at 901 W Michigan Ave Saline, MI.

What is the asking price?

The asking price for this property is $1,565,000.

What are key features of this property?

This property features: Prime Michigan Avenue frontage; 11,168 SF multi‑tenant shopping center; Nearly 3‑acre site