Retail Spaces in Detroit | Reonomy

Retail Spaces in Detroit

Unlock property data on 9,146 retail spaces in Detroit. Search through Detroit property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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Reonomy attracts a large community of Detroit 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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Detroit retail space sold prices and values

Values and sold prices (last 24 months) United States Michigan Detroit
Average price/sqft -- -- --
Average sold price $1,761,106 $213,867 $145,328
Median sold price $136,852 $6,269 $3,907
Number of sales 180,089 6,532 1,271
Number of sales over $250k 74,129 1,173 109
Number of sales over $1m 35,056 263 19
Number of sales over $10m 4,176 8 2
Average total tax amount $147,369 $29,897 $6,483
Average assessed value $716,601 $253,687 $158,753
Average market value $928,197 $508,731 $317,506

Detroit retail space property averages

Property averages United States Michigan Detroit
Average lot size 472,321 sf 2,226,061 sf 13,496 sf
Median lot size 19,880 sf 15,128 sf 4,792 sf
Average building area -- -- --
Median building area -- -- --
Median year built 1972 1960 1951
Average number of units 22 6 43
Median number of units -- -- 2

Detroit retail space total supply

Supply United States Michigan Detroit
Number of parcels 1,900,020 58,390 9,146
Aggregate lot acerage 29,412,684 10,401,571 2,436
Aggregate building area -- -- --
Aggregate units 9,509,655 68,443 7,823

Detroit retail space industrial mortgages

Debt United States Michigan Detroit
Number of mortgages 2,504,274 49,721 5,199
Average value of mortgages $17,924,613 $14,526,448 $34,144,364

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