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    Detroit, MI Shopping Centers for Sale

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    Ecorse, MI Hamtramck, MI Highland Park, MI
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    Detroit Commercial Strip For Sale
    Updated: May 1, 2023
    Detroit Commercial Strip For Sale

    19151 KELLY Road, Detroit, MI 48224

    $479,040
    3,120 sqft · 0.06 AC lot
    Income‑producing corner strip property.
    High traffic location.
    Close proximity to I‑94 freeway.
    Near Eastland shopping center.
    Borders East Point and Harper Woods.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    19151 KELLY Road, Detroit, MI 48224

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    • Est. Cap Rate

      8%
      Above avg (5.9%)

    • Est. NOI

      $38K
      Annual

    • Price @ 7% Cap

      $549K
      Above asking

    • Last Sold

      Sep 2025
      $155K

    • Property Type

      Retail Stores
      Built 1953
    View Property Analytics
    Detroit Retail Center on Joy
    Updated: Jan 17
    Detroit Retail Center on Joy

    10501 Joy Road, Detroit, MI 48204

    $800,000
    9,050 sqft · 0.55 AC lot
    High visibility location on high‑traffic Joy Rd.
    Value‑add opportunity to lease vacant units and increase NOI.
    Mix of established businesses already in place, generating traffic.
    Eight retail units provide diverse income streams.
    On‑site parking for customers.
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    Detroit Retail Center on Joy
    Detroit Retail Center on Joy

    10501 Joy Rd, Detroit, MI 48204

    $800,000

    Eight-unit retail center with high visibility and value-add potential.

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    Remodeled Strip Center For Sale
    Remodeled Strip Center For Sale

    15308 E 8 MILE Rd, Detroit, MI 48235

    $1,250,000
    0.28 AC lot

    Remodeled strip center with five units and new features.

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

    15725 - 15749 Grand River Ave, Detroit, MI 48227

    $150,000
    9,828 sqft

    9,828 SF retail property with redevelopment potential in Detroit.

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    Detroit Retail Strip For Sale
    Detroit Retail Strip For Sale

    16120 MOROSS Road, Detroit, MI 48205

    $350,000
    4,650 sqft · 0.13 AC lot

    Income-producing retail strip in high-traffic area near I-94.

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    Retail Plaza with Multiple Units
    Retail Plaza with Multiple Units

    13601 Greenfield Road, Detroit, MI 48227

    $1,999,900
    29,579 sqft

    One-story retail plaza with six individual storefront units and parking, suited for a range of commercial tenants.

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    Grocery-Anchored Power Center for Sale
    Grocery-Anchored Power Center for Sale

    9169 Telegraph Rd, Redford, MI 48239

    Contact for pricing
    308,078 sqft

    Dominant retail asset in a dense Detroit submarket.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 8 Active listings in Detroit, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 Off-Market properties to explore as potential leads, plus 4 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.

    Commercial Plaza in Highland Park
    Commercial Plaza in Highland Park

    16600 HAMILTON Avenue, Highland Park, MI 48203

    $800,000
    6,655 sqft · 0.34 AC lot

    Well-maintained commercial plaza with high visibility and easy access.

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    Highland Park Commercial Plaza Opportunity
    Highland Park Commercial Plaza Opportunity

    16600 HAMILTON Avenue, Highland Park, MI 48203

    $800,000
    6,655 sqft

    Four-unit commercial plaza in high-traffic location, ideal for investors.

    View details
    Dearborn Retail Center for Sale
    Dearborn Retail Center for Sale

    5901 Mercury Drive |, Dearborn, MI 48126

    Contact for pricing

    Retail center with national and regional tenants in Dearborn.

    View details
    Retail Center with Excellent Accessibility
    Retail Center with Excellent Accessibility

    16001-16351 Ford Road |, Dearborn, MI 48126

    Contact for pricing
    157 sqft

    Well-located retail center with strong national tenant mix.

    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.

    Prime Development Site on Corner
    Prime Development Site on Corner

    8701 Inkster Road, Westland, MI 48185

    $1,650,000
    3.00 AC lot

    Three-acre development site on Inkster and Joy Road.

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    Prime Commercial Land in Westland
    Prime Commercial Land in Westland

    7051 N Wayne Rd, Westland, MI 48185

    Contact for pricing

    Hard corner lot with high traffic, ideal for retail.

    View details
    Romulus Land with Development Potential
    Romulus Land with Development Potential

    6130 WAYNE Road, Romulus, MI 48174

    $195,000
    11.70 AC lot

    11.7 acre parcel zoned for commercial and multi-family development.

    View details
    Northville Commercial Pad Site Available
    Northville Commercial Pad Site Available

    18803 Traditions Drive |, Northville, MI 48168

    Contact for pricing
    1.12 AC lot

    1.12-acre pad site in Northville Park Place for sale.

    View details

    Off-Market Properties in Detroit, MI

    Consider similar Off-Market properties in Detroit, 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.

    10570 Gratiot Ave
    REGIONAL SHOPPING CENTER, MALL

    10570 Gratiot Ave, Detroit, MI 48213-1227

    $1,045,000
    Estimated value
    32,239 sqft · 2.23 AC lot
    View details
    12535 Mack Ave
    SHOPPING CENTER, STRIP CENTER

    12535 Mack Ave, Detroit, MI 48215-2228

    $1,065,000
    Estimated value
    6,860 sqft · 0.16 AC lot
    View details
    8110 Mcnichols Rd
    WHOLESALE OUTLET, DISCOUNT STORE

    8110 Mcnichols Rd, Detroit, MI 48221-2543

    Value Estimation by Request
    35,538 sqft · 0.64 AC lot
    View details
    16960 Meyers Rd
    SHOPPING CENTER, STRIP CENTER

    16960 Meyers Rd, Detroit, MI 48235-1405

    Value Estimation by Request
    5,880 sqft · 0.32 AC lot
    View details
    10501 Joy Rd
    SHOPPING CENTER, STRIP CENTER

    10501 Joy Rd, Detroit, MI 48204-3017

    $680,000
    Estimated value
    9,050 sqft · 0.55 AC lot
    View details
    17500 Livernois Ave
    SHOPPING CENTER, STRIP CENTER

    17500 Livernois Ave, Detroit, MI 48221-2761

    $950,000
    Estimated value
    15,867 sqft · 0.98 AC lot
    View details
    25780 Joy Rd
    SHOPPING CENTER, STRIP CENTER

    25780 Joy Rd, Redford, MI 48239-1702

    $1,715,000
    Estimated value
    24,049 sqft · 2.11 AC lot
    View details
    13801 Fenkell St
    WHOLESALE OUTLET, DISCOUNT STORE

    13801 Fenkell St, Detroit, MI 48227-3210

    Value Estimation by Request
    3,600 sqft · 0.09 AC lot
    View details
    2300 Schaefer Hwy
    SHOPPING CENTER, STRIP CENTER

    2300 Schaefer Hwy, Detroit, MI 48217-1277

    Value Estimation by Request
    6,600 sqft · 0.54 AC lot
    View details
    826 Iroquois St
    SHOPPING CENTER, STRIP CENTER

    826 Iroquois St, Detroit, MI 48214-2712

    $2,400,000
    Estimated value
    14,900 sqft · 0.67 AC lot
    View details
    13243 Warren Ave
    SHOPPING CENTER, STRIP CENTER

    13243 Warren Ave, Detroit, MI 48215-2018

    Value Estimation by Request
    8,654 sqft · 0.52 AC lot
    View details
    25700 7th Mile Rd
    WHOLESALE OUTLET, DISCOUNT STORE

    25700 7th Mile Rd, Redford, MI 48240-1769

    $815,000
    Estimated value
    10,880 sqft · 1.78 AC lot
    View details
    11000 Jefferson Ave
    SHOPPING CENTER, STRIP CENTER

    11000 Jefferson Ave, Detroit, MI 48214-3268

    $975,000
    Estimated value
    13,320 sqft · 2.23 AC lot
    View details
    13328 Jefferson Ave
    MINI-MALL

    13328 Jefferson Ave, Detroit, MI 48215-2719

    $1,145,000
    Estimated value
    25,140 sqft · 2.41 AC lot
    View details
    7300 Michigan Ave
    MINI-MALL

    7300 Michigan Ave, Detroit, MI 48210-2226

    Value Estimation by Request
    3,380 sqft · 0.23 AC lot
    View details
    25905 6th Mile Rd
    WHOLESALE OUTLET, DISCOUNT STORE

    25905 6th Mile Rd, Redford, MI 48240-2214

    Value Estimation by Request
    2,938 sqft · 0.15 AC lot
    View details

    Detroit, MI Shopping Centers Market Trends and Statistics

    Explore 72 shopping centers for sale in Detroit, MI, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 68,427 square feet of properties for sale, with an estimated market value of $4,903,640.

    Sale prices for plazas in Detroit, MI start at $150,000, averaging $700,520, and reaching up to $1,999,900 — 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 237
    Automotive properties 203
    Auto shops 123
    Grocery and convenience stores 50
    Car washes 26

    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
    48205 $350K
    48224 $479K
    48204 $800K
    48227 $1.1M

    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

    • 48204
    • 48227
    • 48205
    • 48224
    • 48239

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