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    Southfield, MI
    Mixed-Use

    Southfield, MI Mixed-use Properties for Sale

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    Farmington Hills, MI Redford, MI Farmington, MI Livonia, MI Lathrup Village, MI Oak Park, MI Berkley, MI Bloomfield Hills, MI
    High-Visibility Retail/Office Investment Opportunity
    Updated: Jul 6, 2024
    High-Visibility Retail/Office Investment Opportunity

    29229 Northwestern Hwy, Southfield, MI 48034

    $950,000
    10,400 sqft 1.00 AC lot
    Prime location on Northwestern Highway with high traffic volume and easy access to I‑696.
    Versatile B‑3 zoning permits diverse uses.
    Substantial rentable space (10,460 sq ft) across 3 buildings on approximately 1 acre with ample parking.
    Located in a federal opportunity zone, offering potential tax savings.
    Benefits from affluent demographics in the surrounding area.
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    This listing looks promising.

    Here's a quick look at some key insights for

    29229 Northwestern Hwy, Southfield, MI 48034

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    • Est. Cap Rate

      3.8%
      NOI ÷ price

    • Est. NOI

      $36K
      Annual

    • Price @ 7% Cap

      $511K
      Suggested

    • Last Sold

      Aug 2023
      $535K

    • Property Type

      Office Building
      Built 1962
    View Property Analytics
    Southfield Commercial Property for Sale
    Updated: Jul 10, 2023
    Southfield Commercial Property for Sale

    18000 Eight Mile Rd, Southfield, MI 48075

    Contact for pricing
    36,000 sqft
    High visibility location with 250,000+ cars per day.
    Flexible zoning ideal for a variety of uses.
    Central location for Oakland and Wayne counties and the Detroit Metropolitan area.
    Immediate and easy access to multiple major highways.
    Backup generator.
    View details
    Based on your search, we've compiled 26 Potential Opportunities for your consideration. Besides 2 Active listings in Southfield, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 16 Off-Market properties to explore as potential leads, 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.

    Versatile Mixed-Use Property on Grand River
    Versatile Mixed-Use Property on Grand River

    23806 Grand River Ave, Detroit, MI 48204

    $200,000
    3,250 sqft

    Mixed-use property with flexible layout, ample parking, high-traffic location.

    View details
    Royal Oak Building with Bay
    Royal Oak Building with Bay

    1219 East 11 Mile Road, Royal Oak, MI 48067

    $600,000
    1,853 sqft

    Free-standing Royal Oak building featuring a bay door.

    View details
    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.

    View details
    Two-Story Mixed-Use Building
    Two-Story Mixed-Use Building

    21603 Grand River Avenue, Detroit, MI 48219

    $94,999

    Two-story mixed-use property with a ground-level storefront and an upper apartment or office space.

    View details

    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.

    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.

    View details
    Commercial
    Commercial

    3490 12 MILE Rd, Berkley, MI 48072

    $5,900,000
    2.50 AC lot

    Commercial land · 2.50 Acres

    View details
    Land For Sale
    Land For Sale

    16625 Hamilton Ave, Highland Park, MI 48203

    $30,000

    Land available for sale in Highland Park, MI.

    View details
    Corner Lot Near Woodward Avenue
    Corner Lot Near Woodward Avenue

    180 Orchard Lake Rd, Pontiac, MI 48341

    $199,000

    Rare corner lot with commercial zoning near Woodward Avenue.

    View details

    Off-Market Properties in Southfield, MI

    Consider similar Off-Market properties in Southfield, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    21602 Melrose Ave
    INDUSTRIAL LOFT BUILDING

    21602 Melrose Ave, Southfield, MI 48075-7900

    $1,375,000
    Estimated value
    26,850 sqft 0.71 AC lot
    View details
    21555 Melrose Ave
    INDUSTRIAL LOFT BUILDING

    21555 Melrose Ave, Southfield, MI 48075-7981

    $2,530,000
    Estimated value
    56,100 sqft 4.68 AC lot
    View details
    21355 Melrose Ave
    INDUSTRIAL LOFT BUILDING

    21355 Melrose Ave, Southfield, MI 48075-5604

    $2,560,000
    Estimated value
    52,379 sqft 3.82 AC lot
    View details
    21655 Melrose Ave
    INDUSTRIAL LOFT BUILDING

    21655 Melrose Ave, Southfield, MI 48075

    $2,985,000
    Estimated value
    63,000 sqft 5.35 AC lot
    View details
    21622 Melrose Ave
    INDUSTRIAL LOFT BUILDING

    21622 Melrose Ave, Southfield, MI 48075

    $1,215,000
    Estimated value
    20,847 sqft 0.55 AC lot
    View details
    21455 Melrose Ave
    INDUSTRIAL LOFT BUILDING

    21455 Melrose Ave, Southfield, MI 48075-7980

    $2,820,000
    Estimated value
    56,100 sqft 4.68 AC lot
    View details
    22580 Telegraph Rd
    OFFICE/RESIDENTIAL (MIXED USE)

    22580 Telegraph Rd, Southfield, MI 48033-4107

    $1,050,000
    Estimated value
    12,535 sqft 1.01 AC lot
    View details
    24475 10th Mile Rd
    INDUSTRIAL LOFT BUILDING

    24475 10th Mile Rd, Southfield, MI 48033-2931

    $3,915,000
    Estimated value
    67,800 sqft 5.97 AC lot
    View details
    21644 Melrose Ave
    INDUSTRIAL LOFT BUILDING

    21644 Melrose Ave, Southfield, MI 48075-7905

    $1,000,000
    Estimated value
    19,260 sqft 0.52 AC lot
    View details
    21666 Melrose Ave, Unit 6
    INDUSTRIAL LOFT BUILDING

    21666 Melrose Ave, Southfield, MI 48075-7905

    Unit 6
    $1,320,000
    Estimated value
    21,410 sqft 0.57 AC lot
    View details
    25650 11th Mile Rd
    INDUSTRIAL LOFT BUILDING

    25650 11th Mile Rd, Southfield, MI 48034-2253

    $3,735,000
    Estimated value
    63,048 sqft 4.74 AC lot
    View details
    22110 Keefer St
    INDUSTRIAL LOFT BUILDING

    22110 Keefer St, Southfield, MI 48033-3922

    $905,000
    Estimated value
    15,000 sqft 1.27 AC lot
    View details
    24001 Telegraph Rd
    INDUSTRIAL LOFT BUILDING

    24001 Telegraph Rd, Southfield, MI 48033-3031

    $1,240,000
    Estimated value
    21,200 sqft 1.66 AC lot
    View details
    24151 Telegraph Rd
    INDUSTRIAL LOFT BUILDING

    24151 Telegraph Rd, Southfield, MI 48033-3014

    $1,140,000
    Estimated value
    21,988 sqft 0.38 AC lot
    View details
    29850 Northwestern Hwy
    STORE/OFFICE (MIXED USE)

    29850 Northwestern Hwy, Southfield, MI 48034-5709

    $1,575,000
    Estimated value
    15,764 sqft 1.31 AC lot
    View details
    25200 Evergreen Rd
    STORE/OFFICE (MIXED USE)

    25200 Evergreen Rd, Southfield, MI 48075-1760

    $2,880,000
    Estimated value
    25,085 sqft 1.12 AC lot
    View details

    Southfield, MI Mixed-Use Properties Market Trends and Statistics

    Explore 18 mixed-use properties for sale in Southfield, MI on our real estate platform. These investment opportunities span a total of 10,400 square feet of properties for sale, with an estimated market value of $950,000.

    Sale prices for multi use buildings in Southfield, MI start at $950,000, averaging $950,000, and reaching up to $950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 80K
    Population Growth (5Y) +4.1%
    Median Household Income $69,008
    College Educated 38.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48076 $549.9K
    48034 $950K

    Taxes & Financing

    Tax Rate (average for all types) 5.40%
    Property Tax per SF $65.85 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 Southfield fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Southfield, MI

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    • 48075

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