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    Detroit, MI Retail Space for Sale

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    Detroit Retail Space For Sale
    Updated: Mar 26
    Detroit Retail Space For Sale

    6432 Woodward Avenue, Detroit, MI 48202

    $795,000
    5,574 sqft
    For sale
    Year built: 1930
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    6432 Woodward Avenue, Detroit, MI 48202

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    • Est. Cap Rate

      8.6%
      Above avg (5.9%)

    • Est. NOI

      $69K
      Annual

    • Price @ 7% Cap

      $981K
      Above asking
    View Property Analytics
    Retail Storefront Building
    Updated: May 18
    Retail Storefront Building

    2854 E 7 Mile Road, Detroit, MI 48234

    $239,900
    8,000 sqft 0.24 AC lot
    Approximately 8,000 square feet of commercial building area
    0.24‑acre parcel at 2854 E 7 Mile Road, Detroit, MI 48234
    Existing established dry‑cleaning business occupies the property
    Retail frontage with a layout suited to customer‑facing operations
    Flexible configuration for retail, showroom, medical, office, service, or mixed‑use uses
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    Brick Storefront Property
    Brick Storefront Property

    13205 Dexter Avenue, Detroit, MI 48238

    $109,999
    4,387 sqft 0.07 AC lot

    The building includes brick construction, central air, forced-air heat, and a bathroom.

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    Game Storefront with Repair Department
    Game Storefront with Repair Department

    9173 Telegraph Road, Redford, MI 48239

    $300,000
    1,100 sqft 0.03 AC lot

    Established retail business with inventory, repair equipment, and console service operations in a Telegraph Road plaza.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Turnkey Liquor Store and Hot Food
    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 Property with Two Bathrooms
    Storefront Property with Two Bathrooms

    15921 W Seven Mile Road, Detroit, MI 48235

    $375,000
    3,000 sqft 0.09 AC lot

    Former restaurant and barber shop with central air conditioning and forced-air heating.

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    Corner Retail Storefront Building
    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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    Storefront with Updated Systems
    Storefront with Updated Systems

    5117 E 7 Mile Road, Detroit, MI 48234

    $200,000
    3,600 sqft 0.10 AC lot

    Flexible commercial layout with refreshed building systems and a newly finished exterior façade.

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    Retail Buildings with Income Opportunity
    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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    Brick Retail Building
    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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    Updated Retail Building with Fenced Lot
    Updated Retail Building with Fenced Lot

    16900 W Warren Avenue, Detroit, MI 48228

    $899,900
    5,000 sqft

    An updated retail building on a large fenced lot with refreshed windows, roof, and parking improvements.

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    Flexible Retail Showroom Facility
    Flexible Retail Showroom Facility

    21616 Grand River Avenue, 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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    Freestanding Net-Leased Retail Building
    Freestanding Net-Leased Retail Building

    22200 Grand River Avenue, 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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    Renovated Retail Space
    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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    Three-Story Retail Building
    Three-Story Retail Building

    1461-1473 Gratiot Ave, Detroit, MI 48207

    $1,650,000
    10,264 sqft

    Three-story retail building just off I-75 in Eastern Market, offering flexible space for storefront concepts.

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    Turn-Key Licensed Dispensary with Drive-Thru
    Turn-Key Licensed Dispensary with Drive-Thru

    5540 E 8 Mile Road, Detroit, MI 48091

    $1,499,000
    4,000 sqft 1.00 AC lot

    Fully licensed, turnkey dispensary with secure reception, ample parking, and drive-through capability.

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    Eastern Market Multi-Tenant Retail Building
    Eastern Market Multi-Tenant Retail Building

    1515 Division Street, Detroit, MI 48207

    $1,000,000
    10,000 sqft

    10,000 SF multi-tenant building in Detroit's Eastern Market.

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    Mixed-Use Property with Storefronts
    Mixed-Use Property with Storefronts

    7244 W Vernor Highway, Detroit, MI 48209

    $299,900
    3,084 sqft

    Two commercial spaces and upper-level residential redevelopment potential support multiple occupancy configurations.

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    Retail Space with Gated Parking
    Retail Space with Gated Parking

    6543 Hastings Street, Detroit, MI 48211

    $700,000
    3,000 sqft

    Immaculately maintained retail space with an electric gated parking lot with an alarm system and recently renovated interiors.

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    Mixed-Use Property With Retail
    Mixed-Use Property With Retail

    4165 Cass Ave, Detroit, MI 48201

    $1,800,000
    11,413 sqft

    Six apartments and three retail tenants support a combined residential and commercial configuration.

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    Mixed-Use Building with On-Site Parking
    Mixed-Use Building with On-Site Parking

    E 565 E Larned Street Unit SourceFi, Detroit, MI 48226

    $2,600,000
    32,552 sqft

    Versatile mixed-use building with adaptable retail, office, and restaurant space plus a dedicated on-site parking lot included in the sale.

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    Retail Building Bundle with Parking
    Retail Building Bundle with Parking

    15031 Wyoming St, Detroit, MI 48238

    $100,000
    5,500 sqft

    Two retail buildings and two parking parcels, all zoned Commercial B-2, with a new 2024 roof and warranty.

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    Updated Commercial Building For Sale
    Updated Commercial Building For Sale

    12744 E 8 Mile Road, Detroit, MI 48205

    $435,000
    5,000 sqft

    5,000 sq ft commercial building with strong traffic exposure.

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    Detroit Retail Opportunity on Gratiot
    Detroit Retail Opportunity on Gratiot

    10075 Gratiot Ave, Detroit, MI 48213

    $125,000
    3,383 sqft

    3,383 SF retail building in a high-traffic Detroit location.

    View details

    Detroit, MI Retail Space Market Trends and Statistics

    Explore 179 retail space for sale in Detroit, MI, showcased through 179 active listings on our real estate platform. These investment opportunities span a total of 911,568 square feet of properties for sale, with an estimated market value of $36,450,494.

    Sale prices for retail space in Detroit, MI start at $49,900, averaging $444,518, and reaching up to $2,600,000 — 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 279
    Automotive properties 206
    Auto shops 130
    Grocery and convenience stores 53
    Shopping centers 33

    Demographics Overview

    Population 850K
    Population Growth (5Y) -4.2%
    Median Household Income $48,716
    College Educated 21.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    Detroit - 48201 $329.4K
    Highland Park - 48203 $334K
    Hamtramck - 48212 $750K

    Taxes & Financing

    Tax Rate (average for all types) 3.32%
    Property Tax per SF $36.71 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 Detroit fall within the 10,000 to 25,000 square foot range.

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    Most Searched ZIP Codes in Detroit, MI

    • 48227
    • 48228
    • 48207
    • 48235
    • 48234
    • 48213
    • 48219
    • 48205
    • 48221
    • 48216
    • 48238
    • 48204

    Featured Detroit Real Estate Agencies

    Realmo connects you with licensed Detroit CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Downtown Realty
    500 Griswold Ste 2420 Detroit, MI 48226
    Phone: 13134667253
    downtownrealty.us
    @properties Detroit
    3100 Woodward Ave, Suite 102 Detroit, MI 48201
    Phone: 13132300510
    www.atpropertiesdetroit.com/

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