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    Franklin, MI
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    Franklin, MI Retail Properties & Spaces for Sale

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    Ecorse, MI Hamtramck, MI Highland Park, MI
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    Detroit Bar, Nightclub, and Restaurant
    Updated: Jan 6
    Detroit Bar, Nightclub, and Restaurant

    6538 Michigan Avenue, Detroit, MI 48210

    $600,000
    3,247 sqft · 0.06 AC lot
    Turnkey business opportunity: Includes building, operating business, and liquor license.
    Prime location in the heart of Southwest Detroit, minutes from Downtown.
    Two‑story layout with two fully functioning bars.
    Full kitchen for restaurant operations.
    Features a karaoke stage and pool table.
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    This listing looks promising.

    Here's a quick look at some key insights for

    6538 Michigan Avenue, Detroit, MI 48210

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    • Est. Cap Rate

      7.1%
      Above avg (5.9%)

    • Est. NOI

      $43K
      Annual

    • Price @ 7% Cap

      $612K
      Above asking
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    Redford Automotive Business and Real Estate
    Updated: Mar 25
    Redford Automotive Business and Real Estate

    12317 Woodbine Street, Redford, MI 48239

    $850,000
    4,920 sqft · 0.32 AC lot
    Four businesses in one location: used car dealer, salvage, collision repair, and used auto parts.
    Turnkey operation with existing income and established businesses.
    Includes B & C used car dealer and salvage licenses.
    Inventory included in the sale.
    Fully equipped collision repair shop.
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    Turnkey Auto Repair Shop
    Turnkey Auto Repair Shop

    13118 Gratiot Avenue, Detroit, MI 48205

    $344,900
    4,468 sqft · 0.45 AC lot

    Turnkey automotive service center with multiple roll-up doors, hydraulic lifts, and a fenced yard for repair and storage operations.

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    Turnkey Auto Repair Facility
    Turnkey Auto Repair Facility

    10311 W 8 Mile Road, Detroit, MI 48221

    $1,200,000
    6,508 sqft · 0.28 AC lot

    6,500 SF auto repair facility on 8 Mile.

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    Detroit Retail Center on Joy
    Detroit Retail Center on Joy

    10501 Joy Road, Detroit, MI 48204

    $800,000
    9,050 sqft · 0.55 AC lot

    Eight-unit retail center with high visibility and value-add potential.

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    E Warren Retail Opportunity
    E Warren Retail Opportunity

    16830 E Warren Avenue, Detroit, MI 48224

    $800,000
    7,748 sqft · 0.38 AC lot

    Value-add retail package on E. Warren Ave in Detroit.

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    Turnkey Dry Cleaning Facility
    Turnkey Dry Cleaning Facility

    2854 E 7 Mile Road, Detroit, MI 48234

    $239,900
    8,000 sqft · 0.24 AC lot

    For sale turnkey dry-cleaning operation with approximately 8,000+ square feet of commercial space on a small lot.

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    Profitable Auto Business with Real Estate
    Profitable Auto Business with Real Estate

    11505 LIVERNOIS Avenue, Detroit, MI 48204

    $1,100,000
    4,000 sqft · 0.13 AC lot

    Operating auto service business with property for sale in Detroit.

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    Detroit Commercial/Industrial Multi-Use Property
    Detroit Commercial/Industrial Multi-Use Property

    12700 Schaefer Highway, Detroit, MI 48227

    $989,000
    6,108 sqft · 0.91 AC lot

    Versatile commercial and industrial property in Detroit, ideal for redevelopment.

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    Detroit Mixed-Use Property For Sale
    Detroit Mixed-Use Property For Sale

    23806 Grand River Avenue, Detroit, MI 48219

    $200,000
    3,150 sqft · 0.33 AC lot

    Versatile mixed-use property with high-traffic location and ample parking.

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    Turnkey Automotive Facility in Detroit
    Turnkey Automotive Facility in Detroit

    17321 W McNichols Road, Detroit, MI 48235

    $1,250,000
    4,500 sqft · 0.37 AC lot

    Modernized automotive facility with multiple income streams in a prime location.

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    Versatile Warehouse with Fenced Lots
    Versatile Warehouse with Fenced Lots

    15100, 10, 14, 18, 22 E WARREN Avenue, Detroit, MI 48224

    $225,000
    6,000 sqft · 0.56 AC lot

    Large warehouse with fenced lots, ideal for various uses.

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    Retail Storefront with Salon Buildout
    Retail Storefront with Salon Buildout

    8235 W 8 Mile Road, Detroit, MI 48221

    $174,000
    2,000 sqft · 0.09 AC lot

    Former nail salon with office, multiple wash stations, and ample parking for a service-focused retail use.

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    Detroit Commercial Building with Bay Doors
    Detroit Commercial Building with Bay Doors

    10415 Fenkell Street, Detroit, MI 48238

    $269,900
    7,196 sqft · 0.18 AC lot

    6000+ sqft commercial building with bay doors in Detroit.

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    Detroit Retail Building For Sale
    Detroit Retail Building For Sale

    10644 Morang Drive, Detroit, MI 48224

    $275,000
    3,671 sqft · 0.10 AC lot

    Turn-key commercial opportunity in high-traffic Detroit location.

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    Redford M-1 Industrial Building
    Redford M-1 Industrial Building

    26835 Seven Mile W, Redford, MI 48240

    $650,000
    10,450 sqft · 0.34 AC lot

    High-visibility industrial building on W. Seven Mile Rd.

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    Mixed-Use Building with Storefronts
    Mixed-Use Building with Storefronts

    14318 E Jefferson Avenue, Detroit, MI 48215

    $749,900
    5,874 sqft · 0.16 AC lot

    Five-unit style mixed-use building includes three storefronts and two upper apartments, with a ready-to-operate restaurant space.

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    Turnkey Game Store Retail & Repair
    Turnkey Game Store Retail & Repair

    9173 Telegraph Road, Redford, MI 48239

    $300,000
    1,100 sqft · 0.03 AC lot

    Turnkey brick-and-mortar game store with in-house diagnostic equipment and a dedicated repair department.

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    Detroit Commercial Property For Sale
    Detroit Commercial Property For Sale

    12712 Plymouth Road, Detroit, MI 48227

    $335,000
    4,000 sqft · 0.22 AC lot

    Versatile 4,000 sq. ft. commercial property in Detroit, MI.

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    Art Deco Mixed-Use Apartment Building
    Art Deco Mixed-Use Apartment Building

    15523 Mack Avenue, Detroit, MI 48224

    $1,000,000
    14,592 sqft · 0.17 AC lot

    Mixed-use asset with 18 residential units and 2 commercial spaces on Mack Avenue.

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    Automotive Repair Facility For Sale
    Automotive Repair Facility For Sale

    2933 W Davison Avenue W, Detroit, MI 48238

    $859,000
    2,916 sqft · 0.18 AC lot

    Turnkey automotive repair facility with collision center in Detroit.

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    Detroit Vacant Brick Building Opportunity
    Detroit Vacant Brick Building Opportunity

    341 W 7 Mile Road, Detroit, MI 48203

    $200,000
    3,240 sqft · 0.21 AC lot

    Vacant brick building ready for custom build-out in Detroit.

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    Renovated Commercial Property in Detroit
    Renovated Commercial Property in Detroit

    611 W Philadelphia Street, Detroit, MI 48202

    $899,999
    3,113 sqft · 0.25 AC lot

    Versatile, renovated commercial property in Detroit's evolving North End/Piety Hill.

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    Turnkey Liquor Store and Hot Food
    Turnkey Liquor Store and Hot Food

    16810 Joy Road, Detroit, MI 48228

    $2,100,000
    5,000 sqft

    Rebuilt Detroit liquor store with hot food and growth potential.

    View details

    Franklin, MI Retail Properties & Spaces Market Trends and Statistics

    Explore 521 retail properties & spaces for sale in Franklin, MI, showcased through 521 active listings on our real estate platform. These investment opportunities span a total of 2,016,834 square feet of properties for sale, with an estimated market value of $179,576,320.

    Sale prices for stores in Franklin, MI start at $34,400, averaging $464,021, and reaching up to $7,500,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 3

    Demographics Overview

    Population 15K
    Population Growth (5Y) -0.8%
    Median Household Income $177,126

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48025 $1.2M

    Taxes & Financing

    Tax Rate (average for all types) 3.05%
    Property Tax per SF $40.36 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)

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    Most Searched ZIP Codes in Franklin, MI

    • 48224
    • 48205
    • 48204
    • 48227
    • 48228
    • 48213
    • 48221
    • 48238
    • 48234
    • 48219
    • 48203

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