Strip Mall

Madison Heights, MI Strip Malls for Sale

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Multi-Unit Strip Mall
Updated: May 17, 2025
Multi-Unit Strip Mall

513-515 11 Mile Road, Madison Heights, MI 48071

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800 sqft
Multiple units available, including 800 sqft and 1,700 sqft options
Convenient access to I‑75
Building signage available
Located at 513‑515 11 Mile Road in Madison Heights, MI 48071
Building constructed in 1961
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Madison Heights, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

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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High-Visibility Shopping Center For Sale
High-Visibility Shopping Center For Sale

3614-3640 Rochester Road |, Troy, MI 48083

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34 sqft

High-traffic shopping center with updated storefronts and strong demographics.

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Kilmer Plaza Retail Opportunity
Kilmer Plaza Retail Opportunity

435 E. Big Beaver Road, Troy, MI 48083

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18,499 sqft

Retail space available in upscale Troy shopping center.

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Retail Plaza End Cap Unit
Retail Plaza End Cap Unit

14531 W Eight Mile Rd, Detroit, MI 48235

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This busy-corner former restaurant building is being converted into a four-unit retail plaza, with end cap unit space available January 2021.

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Madison Heights, MI Strip Malls Market Trends and Statistics

Explore 1 strip malls for sale in Madison Heights, MI on our real estate platform. These investment opportunities span a total of 800 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 18
Shopping centers 6
Automotive properties 1
Drug stores 1

Demographics Overview

Population 28K
Population Growth (5Y) -6.0%
Median Household Income $66,726
College Educated 40.9%

Taxes & Financing

Tax Rate (average for all types) 4.20%
Property Tax per SF $40.95 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)

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