Retail Spaces in Michigan | Reonomy
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    Retail Spaces in Michigan

    Unlock property data on all 61,357 retail spaces in Michigan. Search across 90 counties to find the Michigan property records you need, and get in touch with Retail Space owners in any market. Discover off-market properties likely to sell, refinance, or renovate, or find recent buyers and sellers.

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    Popular searches around Michigan

    Reonomy attracts a large community of Michigan commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in retail spaces.

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    Michigan retail space sold prices and values

    Values and sold prices (last 24 months) United States Michigan
    Average price/sqft -- --
    Average sold price $1,283,736 $188,240
    Median sold price $142,051 $4,237
    Number of sales 181,902 6,842
    Number of sales over $250k 75,507 1,235
    Number of sales over $1m 35,299 266
    Number of sales over $10m 3,472 4
    Average total tax amount $16,956 $10,857
    Average assessed value $696,883 $255,794
    Average market value $910,066 $513,321

    Michigan retail space property averages

    Property averages United States Michigan
    Average lot size 491,381 sf 2,538,429 sf
    Median lot size 19,973 sf 15,665 sf
    Average building area -- --
    Median building area -- --
    Median year built 1973 1961
    Average number of units 22 6
    Median number of units -- --

    Michigan retail space total supply

    Supply United States Michigan
    Number of parcels 1,919,002 61,262
    Aggregate lot acerage 31,452,952 11,224,781
    Aggregate building area -- --
    Aggregate units 9,674,264 69,460

    Michigan retail space industrial mortgages

    Debt United States Michigan
    Number of mortgages 2,568,946 53,822
    Average value of mortgages $17,913,989 $15,861,652

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