Mixed-Use

Oak Park, MI Mixed-use Properties for Sale

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Gutted Mixed-Use Development Building
Updated: Sep 8, 2025
Gutted Mixed-Use Development Building

21590 Greenfield Road, Oak Park, MI 48237

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12,456 sqft
12,456 sq. ft. commercial building (Year built 1961) with B‑2 zoning for commercial or mixed‑use development.
Brand‑new roof recently installed.
Property is currently gutted, offering a clean slate for redevelopment.
Approved B‑2 zoning supports potential retail and office uses, or mixed‑use with ground‑floor retail and upper‑level apartments.
Potential for additional uses including creative/loft space or community‑focused development.
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Oak Park, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Retail and Studio Apartment
Mixed-Use Retail and Studio Apartment

15934 W McNichols Road, Detroit, MI 48235

$175,000
2,802 sqft

Income-producing mixed-use property with a clothing boutique, hair salon, and an on-site studio apartment.

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Royal Oak Building with Bay
Royal Oak Building with Bay

1219 East 11 Mile Road, Royal Oak, MI 48067

Contact for pricing
1,853 sqft

Free-standing Royal Oak building featuring a bay door.

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West 8 Mile Mixed-Use Property
West 8 Mile Mixed-Use Property

15921 W Eight Mile Rd, Detroit, MI 48235

$659,000
0.14 AC lot

Mixed-use property with industrial, office, retail, and warehouse spaces.

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Royal Oak Mixed-Use Property
Royal Oak Mixed-Use Property

902 S Washington Ave, Royal Oak, MI 48067

$429,000
0.14 AC lot

Mixed-use property near downtown Royal Oak with development potential.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial
Commercial

3490 12 MILE Rd, Berkley, MI 48072

$5,900,000
2.50 AC lot

Commercial land · 2.50 Acres

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Detroit Land Development Opportunity
Detroit Land Development Opportunity

21652 ORCHARD, Detroit, MI 48219

$157,000
1.40 AC lot

1.4 acres of vacant land near Old Redford.

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Land For Sale
Land For Sale

16625 Hamilton Ave, Highland Park, MI 48203

Contact for pricing

Land available for sale in Highland Park, MI.

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Detroit Land Development Opportunity
Detroit Land Development Opportunity

7446 W Warren Avenue, Detroit, MI 48210

$89,900
0.44 AC lot

0.44-acre vacant parcel in a prime commercial corridor.

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Oak Park, MI Mixed-Use Properties Market Trends and Statistics

Explore 1 mixed-use properties for sale in Oak Park, MI on our real estate platform. These investment opportunities span a total of 12,456 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Live-work space 1

Demographics Overview

Population 29K
Population Growth (5Y) -1.6%
Median Household Income $65,882
College Educated 54.2%

High-Yield Neighborhoods for Investment

Identify Oak Park submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
48237 $635K

Taxes & Financing

Tax Rate (average for all types) 4.81%
Property Tax per SF $49.73 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Oakland County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Oakland County

Retail

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Oak Park fall within the 25,000 to 50,000 square foot range.

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