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Property profile & analytics

531 Main St Milan, MI 48160

  • Commercial real estate
  • 5.99 lot acres
Value Estimation
Location Intelligence
Property ID
US43-1843548
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 531 Main St

Lot size
5.99 lot acres
Zone code
GB
Property type
Commercial real estate
APN
19-19-34-405-003
APU
191934405003

Description

Milan Plaza, located at 531 W Main St, Milan, MI 48160, presents a prime retail opportunity within a well-established power center. This 61,357 square foot property, built in 1960, offers a versatile space ideal for a variety of businesses. Currently, there is 1,370 square feet of vacant space available for lease, perfect for expansion or a new venture. The property's location in Washtenaw County ensures high visibility and accessibility for customers. The existing tenant mix within the power center creates a synergistic environment, attracting a substantial customer base. This is a chance to secure a space in a thriving retail location with a long history in the community. The property benefits from its established presence and convenient access to major roadways, ensuring strong foot traffic and visibility. The available 1,370 square feet provides ample room for customization to suit specific business needs. This is an exceptional opportunity to establish or expand a retail presence in a desirable Michigan market. The property's size and location make it an attractive option for businesses seeking a strong foothold in a busy commercial area. Interested parties are encouraged to inquire about lease terms and availability. The property is ready for immediate occupancy.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Milan
County
Washtenaw
State
Michigan
Longitude
-83.6972
Latitude
42.0892
CBSA code
11460
CBSA name
ANN ARBOR, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
$62,614
$0.00
$0.00
$1,337,000
-
$0.00
$0.00
$2,674,000
More about this property
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