Parking & Garage

Highland Park, MI Parking Lots & Garages for Sale

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Detroit, MI Hamtramck, MI Ferndale, MI Hazel Park, MI Warren, MI
Former Auto Dealer & Collision Shop
Updated: Jun 3
Former Auto Dealer & Collision Shop

102 W State Fair, Highland Park, MI 48203

$299,900
Former car dealer ship and collision shop empty shell with over 7,000 SF interior space
Includes an existing bathroom in the empty shell
Year built: 1947
Separate included parcel: W09I008011C8 at 124 W. State Fair, a fully gated 10,000+ SF parking lot
Lot dimensions: 70 x 100
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Highland 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.

Truck Terminal with Parking
Truck Terminal with Parking

24650 Sherwood Avenue, Center Line, MI 48015

$1,600,000
14,776 sqft 1.60 AC lot

Industrial building with dedicated truck parking, forced-air heating, and public water service.

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Truck Parking Investment Opportunity
Truck Parking Investment Opportunity

24650 Sherwood Ave, Center Line, MI 48015

$1,600,000
1.60 AC lot

Well-maintained building with truck parking available for sale.

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Land for Development Opportunity
Land for Development Opportunity

19700 WOODWARD Ave, Detroit, MI 48203

$600,000
0.13 AC lot

Land suitable for development, ideal for fast food location.

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Former Car Dealer & Collision Shop
Former Car Dealer & Collision Shop

102 W State Fair, Detroit, MI 48203

$299,900

Empty automotive shell with an existing bathroom, plus a fully gated parking lot on an included parcel.

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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.

Pontiac Land Development Opportunity
Pontiac Land Development Opportunity

151 SOUTH Boulevard W, Pontiac, MI 48341

$74,000
0.22 AC lot

Vacant land in Pontiac's growth corridor, near M1 Concourse.

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Commercial Land Zoned C2
Commercial Land Zoned C2

Davisburg, MI 48350

$249,900
4.40 AC lot

4.4-acre parcel rezoned to C2 with well and septic service for storage, retail, and related uses.

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Urban Nature Recreation Land
Urban Nature Recreation Land

426 E Michigan Avenue, Kalamazoo, MI 49007

$200,000
4.10 AC lot

Vacant parcel with parking, a walking trail, native plantings, and a bridge to wetlands.

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Commercial Lot with River Frontage
Commercial Lot with River Frontage

203 S Main Street, Three Rivers, MI 49093

$52,000
1.07 AC lot

One-acre commercial lot with frontage on the St. Joseph River.

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Highland Park, MI Parking Lots & Garages Market Trends and Statistics

Explore 1 parking lots & garages for sale in Highland Park, MI on our real estate platform.

Sale prices for parking garages in Highland Park, MI average $299,900 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Land 32
Retail properties & Spaces 27
Industrial properties 21
Residential land & home lots 19
Multifamily properties 16

Demographics Overview

Population 20K
Population Growth (5Y) -10.8%
Median Household Income $35,108
College Educated 27.0%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
48203 $750K

Taxes & Financing

Tax Rate (average for all types) 5.94%
Property Tax per SF $47.81 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Wayne County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Highland Park fall within the 2,500 to 5,000 square foot range.

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