Franklin, MI Retail Properties & Spaces for Sale

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479 properties

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Updated: Aug 9

Restaurant Property With Commercial Kitchen

19655 W Grand River Ave SW, Detroit, MI 48223

$699,000

4,614 sqft 0.10 AC lot

Commercial kitchen installed in 2026
Current café and barbershop operation
Corner location at 19655 W Grand River Ave SW, Detroit
Four bathrooms and a basement
Block, stucco, and brick construction

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This listing looks promising.

Here's a quick look at some key insights for

19655 W Grand River Ave SW, Detroit, MI 48223

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Est. Cap Rate

8.7%
Above avg (5.9%)
Est. NOI

$61K
Annual
Price @ 7% Cap

$870K
Above asking
Last Sold

Aug 2017
$195K
Property Type

Retail Stores
Built 1953

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Updated: Aug 12

Flex Building with Bakery Equipment

19200 Kelly Road, Detroit, MI 48225

$150,000

10,192 sqft 0.23 AC lot

10,192‑square‑foot flex building
Approximately 0.23‑acre site with 124 feet of frontage
Corner location at Kelly Road and Kingsville Street
Showroom or common area with display cases
Former bakery equipment remains in place

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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 Liquor Store and Hot Food

16810 Joy Road, Detroit, MI 48228

$1,700,000

5,000 sqft

Newly reconstructed liquor store with a modern hot food operation, including a state-of-the-art kitchen and brand-new refrigeration.

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Storefront Retail Building

2854 E 7 Mile Road, Detroit, MI 48234

$239,900

8,000 sqft 0.24 AC lot

Existing dry-cleaning business occupies a flexible commercial property with retail frontage and public water service.

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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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Brick Mixed-Use Building

2683 Crane Street, Detroit, MI 48214

$295,900

4,516 sqft 0.06 AC lot

Three-unit property combines street-level commercial space with two upper-level apartments.

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Retail Buildings with Income Opportunity

15000-15040 W Seven Mile Rd, Detroit, MI 48235

$549,000

9,086 sqft

Two retail buildings offer an owner-user option plus an income stream from a leased Metro PCS location.

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Commercial Land With Brick Structure

13205 Dexter Avenue, Detroit, MI 48238

$109,999

4,387 sqft 0.07 AC lot

Brick improvements include a bathroom, forced-air heating, central air, and available electricity.

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Detroit Auto Repair Facility

11920 W Grand River Avenue, Detroit, MI 48204

$123,500

5,227 sqft 0.12 AC lot

Well-located auto repair facility in Detroit's B4 Retail Zoning district.

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Flex Property With Additional Lot

14534 Harper Avenue, Detroit, MI 48224

$195,000

4,155 sqft 0.24 AC lot

Two commercial buildings and a separate parcel support a range of business and workspace configurations.

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Corner Retail Storefront Building

12705 Plymouth Road, Detroit, MI 48227

$75,000

1,507 sqft 0.12 AC lot

Corner retail storefront building on Plymouth Road offers about 1,507 sq. ft. of space with B4 general business zoning.

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Updated Storefront Property

5117 E 7 Mile Road, Detroit, MI 48234

$200,000

3,600 sqft 0.10 AC lot

Flexible commercial building with a new facade and recently installed plumbing, HVAC, and electrical service.

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Flexible Retail Showroom Facility

21616 Grand River Ave, Detroit, MI 48219

$695,000

9,400 sqft

Large showroom and workshop space with skylights and two overhead drive-in doors for convenient loading and flexible operations.

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Two-Building Storefront Property

14520 Harper Avenue, Detroit, MI 48224

$195,000

920 sqft 0.05 AC lot

Two commercial buildings and an adjoining parcel offer flexible space for an operating or expanding business.

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Planned Development Commercial Land

2500 Alter Road, Detroit, MI 48215

$350,000

1,420 sqft 0.83 AC lot

Seven-lot site with an existing brick structure and available utility connections.

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Corner Flex Building with Bakery Equipment

19200 Kelly Rd, Detroit, MI 48225

$150,000

10,192 sqft 0.23 AC lot

Versatile commercial building with showroom space and existing food-production equipment for repositioning or continued operational use.

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Storefront Property with Forced-Air Heat

10539 W Chicago, Detroit, MI 48204

$89,000

2,640 sqft 0.09 AC lot

A compact commercial storefront with broadband, cable availability, and forced-air heating.

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Freestanding Net-Leased Retail Building

22200 Grand River Ave, Detroit, MI 48219

$1,565,000

9,476 sqft

Freestanding single-tenant retail property built in 2012 and currently leased on a triple-net basis through September 2027.

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Detroit Land For Sale

1444 Ferry Park Street, Detroit, MI 48208

$850,000

0.08 AC lot

Land available in Detroit, Michigan.

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Bank Anchored Investment Opportunity

13403 W 7 Mile Rd, Detroit, MI 48235

$1,350,000

4,000 sqft

Multi-tenant property with Bank of America and pharmacy tenants.

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Automotive Service Building with Three Bays

12520 Morang Drive, Detroit, MI 82001

$550,000

2,176 sqft 0.54 AC lot

Automotive dealership-ready facility with office space and three large garage bays on a fenced lot.

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Renovated Retail Space

5153 E 7 Mile Road, Detroit, MI 48234

$1,500,000

3,387 sqft

Retail property along E. 7 Mile Road with a recently completed renovation and surrounding residential and commercial development.

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Brick Retail Building

11395 E 7 Mile N, Detroit, MI 48234

$69,900

2,614 sqft 0.06 AC lot

Freestanding retail space with brick construction, forced-air heating, and a dedicated bathroom.

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Franklin, MI Retail Properties & Spaces Market Trends and Statistics

Explore 479 retail properties & spaces for sale in Franklin, MI, showcased through 479 active listings on our real estate platform. These investment opportunities span a total of 2,289,764 square feet of properties for sale, with an estimated market value of $108,566,885.

Sale prices for stores in Franklin, MI start at $42,000, averaging $460,029, and reaching up to $4,200,000 — 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

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	$1.4M

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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