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    Southfield, MI
    Retail

    Southfield, MI Retail Space for Sale

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    Farmington Hills, MI Redford, MI Livonia, MI Farmington, MI Lathrup Village, MI Oak Park, MI Berkley, MI Bloomfield Hills, MI
    6 properties
    Flex-Retail Building with Rear Door
    Updated: Jun 25
    Flex-Retail Building with Rear Door

    24061 - 24063 W. 10 Mile Road, Southfield, MI 48033

    $899,000
    5,767 sqft
    ±5,767 SF flex/retail building for sale or lease, currently split into two spaces.
    Rear grade‑level door provides dedicated access to one side of the building layout.
    Recent upgrades include new windows, new facade, plumbing, LED lighting, HVAC, and kitchenette.
    Epoxy flooring and new doors throughout.
    Rear asphalt was replaced in 2025.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    24061 - 24063 W. 10 Mile Road, Southfield, MI 48033

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    • Est. Cap Rate

      6.9%
      Above avg (5.9%)

    • Est. NOI

      $62K
      Annual

    • Mortgage

      $244K
      Jan 2022

    • Last Sold

      Jan 2022
      $322K

    • Property Type

      Retail Stores
      Built 1968
    View Property Analytics
    Strip Retail Center with NNN Potential
    Updated: Jun 2
    Strip Retail Center with NNN Potential

    15600 West 10 Mile Road, Southfield, MI 48075

    $4,625,000
    20,239 sqft
    Value‑add strip retail center in Southfield, Michigan with 14 tenants
    Diversified rent roll of service businesses listed as resistant to e‑commerce trends
    Staggered lease expiration schedule designed for smooth cash flow and operations
    Potential to increase NOI through rent mark‑to‑market and conversion to NNN leases
    View details
    Outlet and Liquidation Retail Space
    Outlet and Liquidation Retail Space

    1234 Oak Glen Dr, Southfield, MI 48033

    $125,000
    8,000 sqft

    For sale retail space with a functional layout built for high-volume sales and inventory turnover.

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    Furnished Executive Office Suite
    Furnished Executive Office Suite

    20800 Southfield Road Unit SourceFi, Southfield, MI 48075

    Contact for pricing
    30,000 sqft

    Third-floor furnished executive suite with backup generator, offering flexible zoning for multiple service and flex uses.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Cornerstone Plaza Retail Redevelopment
    Cornerstone Plaza Retail Redevelopment

    23647-23881 Greenfield Road |, Southfield, MI 48075

    Contact for pricing
    122 sqft

    Retail redevelopment underway with national tenants and outlot opportunities.

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    Retail Space in Southfield Corridor
    Retail Space in Southfield Corridor

    30215 Southfield Road |, Southfield, MI 48076

    Contact for pricing

    Retail space with high visibility in a busy commercial area.

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    Based on your search, we've compiled 64 Potential Opportunities for your consideration. Besides 6 Active listings in Southfield, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 53 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Detroit Commercial Property on 8 Mile
    Detroit Commercial Property on 8 Mile

    21221 Eight Mile W, Detroit, MI 48219

    $1,495,000
    20,600 sqft

    Commercial property on 8 Mile, Detroit, suitable for retail/storage.

    View details
    High-Visibility Commercial Space on 9 Mile
    High-Visibility Commercial Space on 9 Mile

    10160 w 9 mile, Oak Park, MI 48237

    $479,999
    5,088 sqft

    5,088 SF commercial space on 9 Mile Road.

    View details
    Gutted Mixed-Use Development Building
    Gutted Mixed-Use Development Building

    21590 Greenfield Road, Oak Park, MI 48237

    $605,000
    12,456 sqft

    12,456 sq. ft. building with a new roof and B-2 zoning for flexible commercial or mixed-use development.

    View details
    Detroit Retail Space For Sale
    Detroit Retail Space For Sale

    19000 W Seven Mile Rd, Detroit, MI 48219

    $125,000
    3,183 sqft

    Retail space available for sale in Detroit, Michigan.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    PUD-Zoned Commercial Land with Frontage
    PUD-Zoned Commercial Land with Frontage

    3229 State Road 207, Elkton, FL 32033

    $1,599,000
    2.07 AC lot

    2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

    View details

    Off-Market Properties in Southfield, MI

    Consider similar Off-Market properties in Southfield, 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.

    22525 Telegraph Rd
    RETAIL STORES (PERSONAL SERVICES)

    22525 Telegraph Rd, Southfield, MI 48033-4106

    Value Estimation by Request
    5,910 sqft 0.69 AC lot
    View details
    28844 Northwestern Hwy
    RETAIL STORES (PERSONAL SERVICES)

    28844 Northwestern Hwy, Southfield, MI 48034-1831

    Value Estimation by Request
    4,025 sqft 0.38 AC lot
    View details
    21420 Melrose Ave
    RETAIL STORES (PERSONAL SERVICES)

    21420 Melrose Ave, Southfield, MI 48075-5631

    $1,220,000
    Estimated value
    15,956 sqft 1.32 AC lot
    View details
    20901 Lahser Rd, Unit 1
    RETAIL STORES (PERSONAL SERVICES)

    20901 Lahser Rd, Southfield, MI 48033-4432

    Unit 1
    $575,000
    Estimated value
    14,860 sqft 1.27 AC lot
    View details
    24290 Telegraph Rd
    RETAIL STORES (PERSONAL SERVICES)

    24290 Telegraph Rd, Southfield, MI 48033-3056

    Value Estimation by Request
    2,160 sqft 0.65 AC lot
    View details
    20866 8th Mile Rd
    RETAIL STORES (PERSONAL SERVICES)

    20866 8th Mile Rd, Southfield, MI 48075-5663

    Value Estimation by Request
    8,933 sqft 0.67 AC lot
    View details
    23391 Telegraph Rd
    RETAIL STORES (PERSONAL SERVICES)

    23391 Telegraph Rd, Southfield, MI 48033-4119

    $600,000
    Estimated value
    5,520 sqft 0.51 AC lot
    View details
    15660 11th Mile Rd
    RETAIL STORES (PERSONAL SERVICES)

    15660 11th Mile Rd, Southfield, MI 48076-5120

    Value Estimation by Request
    3,500 sqft 0.32 AC lot
    View details
    21300 Melrose Ave
    RETAIL STORES (PERSONAL SERVICES)

    21300 Melrose Ave, Southfield, MI 48075

    $3,100,000
    Estimated value
    41,400 sqft 3.79 AC lot
    View details
    21500 Melrose Ave
    RETAIL STORES (PERSONAL SERVICES)

    21500 Melrose Ave, Southfield, MI 48075-7903

    $1,150,000
    Estimated value
    23,400 sqft 1.74 AC lot
    View details
    21200 Melrose Ave
    RETAIL STORES (PERSONAL SERVICES)

    21200 Melrose Ave, Southfield, MI 48075-7901

    $2,125,000
    Estimated value
    23,400 sqft 2.63 AC lot
    View details
    19675 10th Mile Rd
    RETAIL STORES (PERSONAL SERVICES)

    19675 10th Mile Rd, Southfield, MI 48075-2304

    $4,770,000
    Estimated value
    56,872 sqft 2.60 AC lot
    View details
    28681 Northwestern Hwy
    RETAIL STORES (PERSONAL SERVICES)

    28681 Northwestern Hwy, Southfield, MI 48034-1825

    $830,000
    Estimated value
    3,928 sqft 0.51 AC lot
    View details
    20901 Lahser Rd, Unit 2
    RETAIL STORES (PERSONAL SERVICES)

    20901 Lahser Rd, Southfield, MI 48033-4432

    Unit 2
    $6,885,000
    Estimated value
    50,240 sqft 4.26 AC lot
    View details
    24061 10th Mile Rd
    RETAIL STORES (PERSONAL SERVICES)

    24061 10th Mile Rd, Southfield, MI 48033-3005

    Value Estimation by Request
    5,767 sqft 0.23 AC lot
    View details
    24660 Lahser Rd
    RETAIL STORES (PERSONAL SERVICES)

    24660 Lahser Rd, Southfield, MI 48033-3239

    $2,125,000
    Estimated value
    11,398 sqft 1.33 AC lot
    View details
    21107 Lahser Rd
    RETAIL STORES (PERSONAL SERVICES)

    21107 Lahser Rd, Southfield, MI 48033-4400

    $4,505,000
    Estimated value
    50,660 sqft 8.41 AC lot
    View details
    24210 10th Mile Rd
    RETAIL STORES (PERSONAL SERVICES)

    24210 10th Mile Rd, Southfield, MI 48033-3039

    Value Estimation by Request
    2,400 sqft 0.29 AC lot
    View details

    Southfield, MI Retail Space Market Trends and Statistics

    Explore 59 retail space for sale in Southfield, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 34,006 square feet of properties for sale, with an estimated market value of $5,649,000.

    Sale prices for retail space in Southfield, MI start at $125,000, averaging $1,883,000, and reaching up to $4,625,000 — 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

    Shopping centers 9
    Automotive properties 3
    Storefront properties 3
    Showrooms 2
    Drug stores 1

    Demographics Overview

    Population 80K
    Population Growth (5Y) +4.1%
    Median Household Income $69,008
    College Educated 38.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48033 $899K
    48075 $4.6M

    Taxes & Financing

    Tax Rate (average for all types) 5.40%
    Property Tax per SF $65.85 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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Oakland County

    Retail

    Residential Income

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