Retail

Hazel Park, MI Retail Space for Sale

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Ferndale, MI Highland Park, MI Madison Heights, MI Detroit, MI Warren, MI Pleasant Ridge, MI Royal Oak, MI Oak Park, MI
Two-Building Retail Portfolio
Updated: Mar 18
Two-Building Retail Portfolio

24121 John R Rd, Hazel Park, MI 48030

$804,700
8,047 sqft
Two‑building retail property totaling 8,047 SF
Approximately 23,000 vehicles per day along John R Road
Retail, medical, showroom, service, and restaurant use potential
Available as a portfolio or as individual properties
Access to I‑75 and I‑696
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Dequindre Rd Retail Investment Opportunity
Updated: Nov 11, 2025
Dequindre Rd Retail Investment Opportunity

20721 DEQUINDRE RD, Hazel Park, MI

Contact for pricing
0.25 AC lot
Opportunity for stable, long‑term cash flow.
Current NOI: $247,200 → projected $254,616 upon escalation.
8.5 years remaining on lease.
One of Michigan’s capped‑license markets (capped at 6 licenses).
Built‑out dispensary infrastructure with pickup, in‑store operations (full retail facility).**
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Freestanding Retail/Office Building
Freestanding Retail/Office Building

24831 John R Rd, Hazel Park, MI 48030

Contact for pricing

Freestanding building with flexible office, fitness, medical, or retail use and ample front parking.

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See hot listings in Hazel Park

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 3 Active listings in Hazel Park, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Building with Full Kitchen
Mixed-Use Building with Full Kitchen

7531 E Eight Mile Rd, Warren, MI 48091

$345,000
5,600 sqft 0.55 AC lot

Two-level C2-zoned property with an ADA bathroom, residential-style second-floor amenities, and on-site parking.

View details
Built-Out Spa and Wellness Salon
Built-Out Spa and Wellness Salon

6059 Dequindre, Madison Heights, MI 48071

$39,900
1,400 sqft

Salon layout includes private specialty-service space, dedicated shampooing area, and multiple styling stations.

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Commercial Land Development Site
Commercial Land Development Site

4051 E 8 Mile Rd, Warren, MI 48091

Contact for pricing
0.78 AC lot

Commercial land with M-2 zoning, accessed via E 8 Mile Road and Ryan Rd with convenient I-75 access nearby.

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Retail Space For Sale
Retail Space For Sale

25402 John R Rd, Madison Heights, MI 48071

Contact for pricing
3,360 sqft

3,360 SF retail space available for purchase.

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Off-Market Properties in Hazel Park, MI

Consider similar Off-Market properties in Hazel Park, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

23641 John R Rd
RETAIL STORES (PERSONAL SERVICES)

23641 John R Rd, Hazel Park, MI 48030-1410

Estimated value:
$345,000
3,540 sqft 0.11 AC lot
View details
701 8th Mile Rd
RETAIL STORES (PERSONAL SERVICES)

701 8th Mile Rd, Hazel Park, MI 48030-2503

Estimated value:
$220,000
3,108 sqft 0.08 AC lot
View details
21834 John R Rd
RETAIL STORES (PERSONAL SERVICES)

21834 John R Rd, Hazel Park, MI 48030-2019

Estimated value:
$220,000
1,192 sqft 0.05 AC lot
View details
21836 John R Rd
RETAIL STORES (PERSONAL SERVICES)

21836 John R Rd, Hazel Park, MI 48030-2019

Estimated value:
$240,000
2,891 sqft 0.10 AC lot
View details
877 8th Mile Rd
RETAIL STORES (PERSONAL SERVICES)

877 8th Mile Rd, Hazel Park, MI 48030-2542

Estimated value:
$340,000
3,445 sqft 0.39 AC lot
View details
21818 John R Rd
RETAIL STORES (PERSONAL SERVICES)

21818 John R Rd, Hazel Park, MI 48030-2019

Estimated value:
$110,000
800 sqft 0.05 AC lot
View details
24362 John R Rd
RETAIL STORES (PERSONAL SERVICES)

24362 John R Rd, Hazel Park, MI 48030-1112

Estimated value:
$175,000
1,515 sqft 0.07 AC lot
View details
21630 John R Rd
RETAIL STORES (PERSONAL SERVICES)

21630 John R Rd, Hazel Park, MI 48030-2093

Estimated value:
$335,000
6,217 sqft 0.16 AC lot
View details
600 9th Mile Rd
RETAIL STORES (PERSONAL SERVICES)

600 9th Mile Rd, Hazel Park, MI 48030-1763

Estimated value:
$110,000
1,440 sqft 0.06 AC lot
View details
812 9th Mile Rd
RETAIL STORES (PERSONAL SERVICES)

812 9th Mile Rd, Hazel Park, MI 48030-1840

Estimated value:
$1,480,000
10,480 sqft 0.36 AC lot
View details
940 9th Mile Rd
RETAIL STORES (PERSONAL SERVICES)

940 9th Mile Rd, Hazel Park, MI 48030-1839

Estimated value:
$145,000
1,442 sqft 0.10 AC lot
View details
23831 John R Rd
RETAIL STORES (PERSONAL SERVICES)

23831 John R Rd, Hazel Park, MI 48030-1473

Estimated value:
$405,000
5,425 sqft 0.09 AC lot
View details
21039 Dequindre Rd
RETAIL STORES (PERSONAL SERVICES)

21039 Dequindre Rd, Hazel Park, MI 48030-2610

Estimated value:
$290,000
2,475 sqft 0.09 AC lot
View details
24822 John R Rd
RETAIL STORES (PERSONAL SERVICES)

24822 John R Rd, Hazel Park, MI 48030-1147

Estimated value:
$490,000
2,151 sqft 0.34 AC lot
View details
23830 John R Rd
RETAIL STORES (PERSONAL SERVICES)

23830 John R Rd, Hazel Park, MI 48030-1415

Estimated value:
$435,000
1,976 sqft 0.16 AC lot
View details
407 9th Mile Rd
RETAIL STORES (PERSONAL SERVICES)

407 9th Mile Rd, Hazel Park, MI 48030

Estimated value:
$295,000
4,066 sqft 0.18 AC lot
View details
22228 John R Rd
RETAIL STORES (PERSONAL SERVICES)

22228 John R Rd, Hazel Park, MI 48030-1717

Estimated value:
$265,000
3,546 sqft 0.20 AC lot
View details
525 9th Mile Rd
RETAIL STORES (PERSONAL SERVICES)

525 9th Mile Rd, Hazel Park, MI 48030-1837

Estimated value:
$490,000
596 sqft 0.05 AC lot
View details
21721 Dequindre Rd
RETAIL STORES (PERSONAL SERVICES)

21721 Dequindre Rd, Hazel Park, MI 48030-2102

Estimated value:
$75,000
1,689 sqft 0.07 AC lot
View details
20940 John R Rd
RETAIL STORES (PERSONAL SERVICES)

20940 John R Rd, Hazel Park, MI 48030-2417

Estimated value:
$340,000
2,490 sqft 0.41 AC lot
View details
24354 John R Rd
RETAIL STORES (PERSONAL SERVICES)

24354 John R Rd, Hazel Park, MI 48030-1112

Estimated value:
$245,000
1,114 sqft 0.05 AC lot
View details

Hazel Park, MI Retail Space Market Trends and Statistics

Explore 72 retail space for sale in Hazel Park, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 8,047 square feet of properties for sale, with an estimated market value of $804,700.

Sale prices for retail space in Hazel Park, MI average $804,700 — 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

Automotive properties 5
Storefront properties 3
Auto shops 2
Shopping centers 2
Showrooms 1

Demographics Overview

Population 15K
Population Growth (5Y) -9.9%
Median Household Income $62,878
College Educated 30.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
48030 $804.7K

Taxes & Financing

Tax Rate (average for all types) 6.91%
Property Tax per SF $49.27 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Oakland County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Hazel Park fall within the 10,000 to 25,000 square foot range.

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