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    Retail Spaces in Michigan

    Unlock property data on all 34,649 retail spaces in Michigan. Search across 83 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 $661 $89
    Median price/sqft $83 $39
    Average sold price $2,704,464 $324,670
    Median sold price $342,125 $122,127
    Number of sales 110,049 2,414
    Number of sales over $250k 63,226 748
    Number of sales over $1m 30,873 159
    Number of sales over $10m 4,230 5
    Average total tax amount $20,445 $11,937
    Average assessed value $827,718 $261,426
    Average market value $1,076,810 $509,321

    Michigan retail space property averages

    Property averages United States Michigan
    Average lot size 482,600 sf 994,299 sf
    Median lot size 20,015 sf 12,155 sf
    Average building area 598 sf 66 sf
    Median building area 57 sf 25 sf
    Median year built 1972 1959
    Average number of units 12 7
    Median number of units -- --

    Michigan retail space total supply

    Supply United States Michigan
    Number of parcels 1,463,248 34,668
    Aggregate lot acerage 60,801,142 731,446
    Aggregate building area 384,313,138 sf 1,081,694 sf
    Aggregate units 3,863,885 39,761

    Michigan retail space industrial mortgages

    Debt United States Michigan
    Number of mortgages 2,168,653 31,000
    Average value of mortgages $14,862,526 $14,006,949

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