Franklin, MI Storefront Properties for Sale

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162 properties

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Updated: Aug 9

Restaurant Property With Commercial Kitchen

19655 W Grand River Ave SW, Detroit, MI 48223

$699,000

4,614 sqft 0.10 AC lot

Commercial kitchen installed in 2026
Current café and barbershop operation
Corner location at 19655 W Grand River Ave SW, Detroit
Four bathrooms and a basement
Block, stucco, and brick construction

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This listing looks promising.

Here's a quick look at some key insights for

19655 W Grand River Ave SW, Detroit, MI 48223

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Est. Cap Rate

8.7%
Above avg (5.9%)
Est. NOI

$61K
Annual
Price @ 7% Cap

$870K
Above asking
Last Sold

Aug 2017
$195K
Property Type

Retail Stores
Built 1953

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Updated: Aug 12

Flex Building with Bakery Equipment

19200 Kelly Road, Detroit, MI 48225

$150,000

10,192 sqft 0.23 AC lot

10,192‑square‑foot flex building
Approximately 0.23‑acre site with 124 feet of frontage
Corner location at Kelly Road and Kingsville Street
Showroom or common area with display cases
Former bakery equipment remains in place

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Storefront Retail Building

2854 E 7 Mile Road, Detroit, MI 48234

$239,900

8,000 sqft 0.24 AC lot

Existing dry-cleaning business occupies a flexible commercial property with retail frontage and public water service.

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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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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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Brick Mixed-Use Building

2683 Crane Street, Detroit, MI 48214

$295,900

4,516 sqft 0.06 AC lot

Three-unit property combines street-level commercial space with two upper-level apartments.

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Commercial Land With Brick Structure

13205 Dexter Avenue, Detroit, MI 48238

$109,999

4,387 sqft 0.07 AC lot

Brick improvements include a bathroom, forced-air heating, central air, and available electricity.

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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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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

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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Flex Property With Additional Lot

14534 Harper Avenue, Detroit, MI 48224

$195,000

4,155 sqft 0.24 AC lot

Two commercial buildings and a separate parcel support a range of business and workspace configurations.

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Updated Storefront Property

5117 E 7 Mile Road, Detroit, MI 48234

$200,000

3,600 sqft 0.10 AC lot

Flexible commercial building with a new facade and recently installed plumbing, HVAC, and electrical service.

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Planned Development Commercial Land

2500 Alter Road, Detroit, MI 48215

$350,000

1,420 sqft 0.83 AC lot

Seven-lot site with an existing brick structure and available utility connections.

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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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Storefront Property with Forced-Air Heat

10539 W Chicago, Detroit, MI 48204

$89,000

2,640 sqft 0.09 AC lot

A compact commercial storefront with broadband, cable availability, and forced-air heating.

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Two-Building Storefront Property

14520 Harper Avenue, Detroit, MI 48224

$195,000

920 sqft 0.05 AC lot

Includes forced-air heating and cooling, broadband access, and an optional package of upholstery equipment and inventory.

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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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Eastern Market Multi-Tenant Retail Building

1515 Division St, Detroit, MI 48207

$1,000,000

10,000 sqft 0.25 AC lot

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

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Multi-Tenant Neighborhood Retail Center

16125-16135 W McNichols Rd, Detroit, MI 48235

$399,900

6,400 sqft

Multi-tenant retail center with six storefronts, two vacant suites, and recent roof replacements on both buildings.

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Multi-Level Storefront Retail Property

16225 W Warren Avenue, Detroit, MI 48228

$185,000

4,880 sqft

B4-zoned retail property with flexible upper-level space and a private customer parking lot.

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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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Franklin Village Commercial Building For Sale

32682 Franklin Road, Franklin, MI 48025

$1,375,000

2,786 sqft 0.95 AC lot

2,786 SF commercial building in Franklin Village historic district.

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Corner Lot Masonry Retail Building

26346 W 7 Mile Rd, Redford, MI 48240

$190,000

1,750 sqft 0.24 AC lot

Solid masonry corner building with substantial frontage and M-1/R-1 zoning suited to retail or light service use.

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Electrical Supply Company For Sale

3774 Joy Rd, Detroit, MI 48206

$1,680,000

7,500 sqft 0.19 AC lot

Established electrical supply company with warehouse space for sale.

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Franklin, MI Storefront Properties Market Trends and Statistics

Explore 162 storefront properties for sale in Franklin, MI, showcased through 162 active listings on our real estate platform. These investment opportunities span a total of 598,263 square feet of properties for sale, with an estimated market value of $39,950,593.

Sale prices for retail units in Franklin, MI start at $42,000, averaging $380,481, and reaching up to $2,450,000 — 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 15K

Population Growth (5Y) -0.8%

Median Household Income $177,126

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
48025	$1.4M

Taxes & Financing

Tax Rate (average for all types) 3.05%

Property Tax per SF $40.36 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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