Redford, MI Retail Space for Sale

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203 properties

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Updated: Jul 18

Former Restaurant and Retail Space

15921 W Seven Mile Road, Detroit, MI 48235

$375,000

3,000 sqft 0.09 AC lot

Commercial property formerly used as a restaurant and barber shop
Heating: forced air
Cooling: central air
Year built: 1958
Utilities include phone available

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15921 W Seven Mile Road, Detroit, MI 48235

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Est. Cap Rate

7.9%
Above avg (5.9%)
Est. NOI

$30K
Annual
Price @ 7% Cap

$422K
Above asking
Property Type

Retail Stores
Built 1958

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Updated: May 18

Turnkey Dry Cleaning Facility

2854 E 7 Mile Road, Detroit, MI 48234

$239,900

8,000 sqft 0.24 AC lot

8,000+ sq. ft. commercial real estate includes a successful dry cleaning business and profitable, established operation
Turn‑key sale includes the dry‑cleaning business along with the 8,000+ sq. ft. commercial property
Built in 1954; water source is public
Generous square footage allows for expansion or adding a laundromat business to complement the existing operation
Owner financing / affordable land contract available

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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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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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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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Multi-Use Commercial Building with New Facade

5117 E 7 Mile Road, Detroit, MI 48234

$200,000

3,600 sqft 0.10 AC lot

Recently updated systems and a new facade support flexible retail or office use with strong frontage visibility.

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Seven-Lot Planned Development Parcel

2500 Alter Road, Detroit, MI 48215

$350,000

1,420 sqft 0.83 AC lot

A seven-lot development site with six contiguous parcels and utilities, including a brick structure with plumbing and electrical.

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Retail Building with Gated Parking

22140 W 7 Mile Road, Detroit, MI 48219

$699,999

5,394 sqft 0.77 AC lot

Retail building on a multi-parcel site with a large gated parking lot and recently updated roof and HVAC.

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Updated Commercial Property on Van Dyke

6058 Van Dyke Street, Detroit, MI 48213

$64,999

2,250 sqft 0.07 AC lot

2,250 sq ft Detroit commercial property with modern updates.

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Updated Commercial Property on Van Dyke

6058 Van Dyke Street, Detroit, MI 48213

$59,999

2,250 sqft 0.07 AC lot

2,250 sq ft Detroit commercial property with flexible layout.

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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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Former Bar with Michigan Avenue Frontage

2334 Michigan Ave, Detroit, MI 48216

$562,500

2,700 sqft 0.21 AC lot

Former 2,700-square-foot bar on a 9,017-square-foot site with prominent Michigan Avenue frontage in Corktown.

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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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Restaurant and Banquet Venue

12712 Plymouth Rd, Detroit, MI 48227

$280,000

4,000 sqft 0.22 AC lot

4,000 sq. ft. banquet and full-service restaurant with a fully equipped commercial kitchen and modern renovations on a paved lot.

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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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Three-Story Retail Building

1461-1473 Gratiot Ave, Detroit, MI 48207

$1,795,000

10,264 sqft

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

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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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Updated Commercial Property in Detroit

20011 John R St, Detroit, MI 48203

$500,000

4,143 sqft

Turnkey investment opportunity with established business and real estate.

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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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Turnkey Trucking and Liquidation Buildings

11710 Cloverdale Street, Detroit, MI 48204

$150,000

3,897 sqft 1.00 AC lot

Three-parcel package with three operational buildings, offered with inventory and included business equipment.

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Spacious Commercial Building on Fenkell

20650 Fenkell Avenue, Detroit, MI 48223

$350,000

8,000 sqft

8,000 SF commercial building in Detroit's Fenkell Corridor.

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Updated Commercial Building For Sale

12744 E 8 Mile Rd, Detroit, MI 48205

$435,000

5,000 sqft

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

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Historic Bank Branch with Parking

9137 Linwood Street, Detroit, MI 48206

$299,999

6,284 sqft

Historic former bank branch offers 6,284 sq. ft. of versatile space with an adjacent parking lot included in the sale.

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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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Redford, MI Retail Space Market Trends and Statistics

Explore 203 retail space for sale in Redford, MI, showcased through 203 active listings on our real estate platform. These investment opportunities span a total of 743,637 square feet of properties for sale, with an estimated market value of $59,318,474.

Sale prices for retail space in Redford, MI start at $35,000, averaging $470,781, 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

Demographics Overview

Population 54K

Population Growth (5Y) +0.8%

Median Household Income $65,772

College Educated 29.1%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
Redford	$500.2K
Detroit	$755K

Taxes & Financing

Tax Rate (average for all types) 6.72%

Property Tax per SF $59.47 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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