Retail Spaces in Michigan | Reonomy
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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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    Michigan retail space sold prices and values

    Values and sold prices (last 24 months) United States Michigan
    Average price/sqft $4,039 $4,158
    Average sold price $2,732,709 $331,458
    Median sold price $341,229 $125,000
    Number of sales 100,362 2,227
    Number of sales over $250k 57,598 706
    Number of sales over $1m 28,079 151
    Number of sales over $10m 3,871 5
    Average total tax amount $17,251 $9,724
    Average assessed value $707,667 $188,758
    Average market value $927,047 $370,794

    Michigan retail space property averages

    Property averages United States Michigan
    Average lot size 482,710 sf 994,334 sf
    Median lot size 20,010 sf 12,124 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 60,800,793 731,446
    Aggregate building area 384,308,646 sf 1,081,694 sf
    Aggregate units 3,863,555 39,761

    Michigan retail space industrial mortgages

    Debt United States Michigan
    Number of mortgages 2,168,483 31,000
    Average value of mortgages $14,862,412 $14,006,949

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