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    Detroit, MI Strip Malls for Sale

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    Ecorse, MI Hamtramck, MI Highland Park, MI
    9 listings
    Detroit Retail Strip For Sale
    $550,000
    5,669 SF
    Detroit Retail Strip For Sale

    16005 W McNichols Rd, Detroit, MI 48235

    Retail strip with recent updates and high visibility.
    • High Cap Rate: Current NOI of $69,045 provides a 12.6% cap rate, indicating strong investment returns.
    • Recent Capital Improvements: Substantial renovations from 2022‑2024, including a new roof, plumbing, electrical, HVAC units, façade refresh, and parking lot, minimizing near‑term capital expenditures.
    • Low Cost Basis: Purchase price of $106 per SF offers an attractive entry point for Detroit infill retail.
    • Favorable Zoning: B2 zoning allows for a broad range of commercial uses, appealing to both owner‑users and investors.
    • Strategic Location: Prominent frontage on West McNichols with strong daily traffic, excellent visibility, signage, and on‑site parking.
    Updated: Mar 31
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    Detroit Retail Strip For Sale
    $350,000
    4,650 SF
    Detroit Retail Strip For Sale

    16120 MOROSS Road, Detroit, MI 48205

    Income-producing retail strip in high-traffic area near I-94.
    • Income‑producing property.
    • Four storefronts included in the sale.
    • High‑traffic corner location.
    • Close proximity to I‑94 freeway.
    • Near Eastland shopping center.
    Updated: Jul 24, 2024
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    Retail Strip Mall For Sale
    $429,700
    6,600 SF
    Retail Strip Mall For Sale

    6,600 SF retail strip mall on corner lot.

    2300 S Schaefer Hwy, Detroit, MI

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    Commercial Land in Detroit
    $130,000
    0.23 Acres
    Commercial Land in Detroit

    Quarter acre lot suitable for various commercial developments.

    19720 Conant St, Detroit, MI 48234

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    Detroit Commercial Strip For Sale
    $479,040
    3,120 SF
    Detroit Commercial Strip For Sale

    Income-producing commercial strip near I-94 and Eastland shopping center.

    19151 KELLY Road, Detroit, MI 48224

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    Retail Strip Center with Restaurant
    $590,000
    8,850 SF
    Retail Strip Center with Restaurant

    Cash-flowing retail strip center with restaurant space and upside potential.

    11122 Hayes Street, Detroit, MI 48213

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    Detroit Retail Center Owner Opportunity
    $650,000
    2.48 Acres
    Detroit Retail Center Owner Opportunity

    Multi-tenant retail center with high visibility and easy access.

    14000 Grand River Ave, Detroit, MI

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    Detroit Strip Center For Sale
    $695,000
    5,600 SF
    Detroit Strip Center For Sale

    Five-unit retail strip center located on Gratiot Avenue.

    9623-9631 Gratiot Ave, Detroit, MI

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    Fenkell Avenue Commercial Opportunity
    $280,000
    10,772 SF
    Fenkell Avenue Commercial Opportunity

    High-traffic location suitable for showroom, retail, or warehouse use.

    23261 Fenkell Ave, Detroit, MI 48223

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 9 Active listings in Detroit, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 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.

    Two-Level Medical Office Strip Center
    $850,000
    4,970 SF
    Two-Level Medical Office Strip Center

    Well-maintained two-level strip center on a corner lot, zoned B1-LOC with space suited for medical and child care use.

    30728 John R Road, Madison Heights, MI 48071

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    Strip Center on Kelly Road
    $999,900
    0.54 Acres
    Strip Center on Kelly Road

    Strip center with long-term tenants and below-market rental rates.

    19528 KELLY Rd, Harper Woods, MI 48225

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    Madison Heights Corner Lot Opportunity
    $850,000
    5,000 SF
    Madison Heights Corner Lot Opportunity

    1.05 acre corner lot with potential high-rise development.

    30728 John R, Madison Heights, MI 48071

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    Income-Producing Strip Mall For Sale
    $701,250
    8,179 SF
    Income-Producing Strip Mall For Sale

    Strip mall with four units in high-traffic area.

    19558 KELLY Road, Harper Woods, MI 48225

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    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 Commercial Land Near US-23
    $1,900,000
    18.53 Acres
    Prime Commercial Land Near US-23

    18.53 acre commercial land parcel with US-23 visibility.

    Arkona Road, Milan, MI 48160

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    Commercial Land on Corunna Road
    $99,900
    2.40 Acres
    Commercial Land on Corunna Road

    2.40-acre commercial land parcel with C2 zoning.

    Flint, MI 48532

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    Prime Commercial Land Opportunity
    $1,499,010
    5.12 Acres
    Prime Commercial Land Opportunity

    5. 5 acres at I-94 and Cooper Street.

    Brookley Road, Jackson, MI 49202

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    Fremont Commercial Land Opportunity
    $1,520,000
    27.57 Acres
    Fremont Commercial Land Opportunity

    Prime commercial land with development potential in high-traffic area.

    2400 N State Route 53, Fremont, OH 43420

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    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.

    12535 Mack Ave
    SHOPPING CENTER, STRIP CENTER
    6,860 SF Lot: 0.16 Acres
    Estimated value
    $1,065,000

    12535 Mack Ave, Detroit, MI 48215-2228

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    16960 Meyers Rd
    SHOPPING CENTER, STRIP CENTER
    5,880 SF Lot: 0.32 Acres
    Value Estimation by Request

    16960 Meyers Rd, Detroit, MI 48235-1405

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    10501 Joy Rd
    SHOPPING CENTER, STRIP CENTER
    9,050 SF Lot: 0.55 Acres

    10501 Joy Rd, Detroit, MI 48204-3017

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    17500 Livernois Ave
    SHOPPING CENTER, STRIP CENTER
    15,867 SF Lot: 0.98 Acres
    Estimated value
    $950,000

    17500 Livernois Ave, Detroit, MI 48221-2761

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    25780 Joy Rd
    SHOPPING CENTER, STRIP CENTER
    24,049 SF Lot: 2.11 Acres
    Estimated value
    $1,715,000

    25780 Joy Rd, Redford, MI 48239-1702

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    2300 Schaefer Hwy
    SHOPPING CENTER, STRIP CENTER
    6,600 SF Lot: 0.54 Acres

    2300 Schaefer Hwy, Detroit, MI 48217-1277

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    826 Iroquois St
    SHOPPING CENTER, STRIP CENTER
    14,900 SF Lot: 0.67 Acres
    Estimated value
    $2,400,000

    826 Iroquois St, Detroit, MI 48214-2712

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    13243 Warren Ave
    SHOPPING CENTER, STRIP CENTER
    8,654 SF Lot: 0.52 Acres
    Value Estimation by Request

    13243 Warren Ave, Detroit, MI 48215-2018

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    11000 Jefferson Ave
    SHOPPING CENTER, STRIP CENTER
    13,320 SF Lot: 2.23 Acres
    Estimated value
    $975,000

    11000 Jefferson Ave, Detroit, MI 48214-3268

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    10780 Gratiot Ave
    SHOPPING CENTER, STRIP CENTER
    12,464 SF Lot: 2.98 Acres
    Estimated value
    $530,000

    10780 Gratiot Ave, Detroit, MI 48213-1262

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    25151 6th Mile Rd
    SHOPPING CENTER, STRIP CENTER
    4,550 SF Lot: 0.23 Acres
    Estimated value
    $850,000

    25151 6th Mile Rd, Redford, MI 48240-2103

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    9210 Telegraph Rd
    SHOPPING CENTER, STRIP CENTER
    4,761 SF Lot: 0.22 Acres
    Value Estimation by Request

    9210 Telegraph Rd, Redford, MI 48239-1284

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    4201 7th Mile Rd
    SHOPPING CENTER, STRIP CENTER
    7,853 SF Lot: 0.53 Acres
    Value Estimation by Request

    4201 7th Mile Rd, Detroit, MI 48234-2015

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    7611 Gratiot Ave
    SHOPPING CENTER, STRIP CENTER
    11,223 SF Lot: 0.81 Acres
    Estimated value
    $745,000

    7611 Gratiot Ave, Detroit, MI 48213-2821

    View details
    25537 5th Mile Rd
    SHOPPING CENTER, STRIP CENTER
    4,400 SF Lot: 0.18 Acres
    Value Estimation by Request

    25537 5th Mile Rd, Redford, MI 48239-3228

    View details

    Detroit, MI Strip Malls Investment Opportunities Market Analysis

    Explore 72 strip malls for sale in Detroit, MI, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 45,261 square feet of properties for sale, with an estimated market value of $3,373,740.

    Sale prices for retail strips in Detroit, MI start at $280,000, averaging $481,962, and reaching up to $695,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Storefront properties 208
    Automotive properties 196
    Auto shops 118
    Grocery and convenience stores 49
    Parking lots & garages 49

    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    48234 $130K
    48223 $280K
    48205 $350K
    48224 $479K
    48235 $550K

    Taxes & Financing

    Tax Rate (average for all types) 3.32%
    Property Tax per SF $36.71 per sq ft
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

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    Most Searched ZIP Codes in Detroit, MI

    • 48205
    • 48213
    • 48223
    • 48224
    • 48234
    • 48235

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