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    1001 Welch Rd Commerce Charter Township, MI 48390

    Sponsored
    For Lease
    Contact for pricing

    Commerce Twp retail space available; 1,500 sq ft.

    Lot size:
    16,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Maple Park Plaza offers a prime retail opportunity in the heart of Commerce Township, Oakland County. This vibrant strip center boasts 16,000 square feet of total building space, with 1,500 square feet currently available for lease. The space is ideal for a variety of businesses, from cafes to boutiques, offering versatile potential for a new tenant. Located on a highly visible corner lot, the property benefits from prominent monument signage, ensuring maximum exposure to the high volume of traffic on Welch Road. Immediate occupancy is available, allowing for a quick and seamless transition into this thriving commercial hub. The plaza already houses established businesses such as Lulu's Coney Island and Biggby Coffee, creating a strong and diverse tenant mix. The location provides convenient access to a wealth of amenities and attractions within Commerce Township, including a variety of shopping, dining, and recreational options. The surrounding area features a mix of locally owned businesses and larger retail establishments, creating a vibrant and diverse commercial landscape. This is an exceptional opportunity to establish a presence in a bustling and well-established commercial center. The available space presents a unique chance to become part of a thriving community and benefit from the high visibility and convenient location.

    Property Features for 1001 Welch Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,000 SF

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    1,500 SF

    HighLights

    • Retail/Restaurant space available for lease in a 16,000 SF strip center.
    • 1,500 SF vacant space available.
    • Monument signage available.
    • High‑visibility corner location with immediate occupancy.
    • Strong tenant mix including Biggby Coffee.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Commerce Charter Township
    County
    Oakland
    State
    Michigan
    Longitude
    -83.4589366
    Latitude
    42.542

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    FAQs

    What type of property is this?
    Neighborhood center - Commerce Twp retail space available; 1,500 sq ft.
    Where is this neighborhood center located?
    The property is located at 1001 Welch Rd Commerce Charter Township, MI.
    What are key features of this property?
    This property features: Retail/Restaurant space available for lease in a 16,000 SF strip center.; 1,500 SF vacant space available.; Monument signage available.
    Request Owner's contact information
    1001 Welch Rd Commerce Charter Township, MI 48390
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1001 Welch Rd Commerce Charter Township, MI 48390
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