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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