Detroit Retail Commercial Real Estate
386 results
$950,000
$1,160,000
$2,010,000
$775,000
1,586 SF
$1,400,000
$1,783,240
$920,000
$1,207,000
$632,258
$1,493,750
$300,000
$1,585,424
$1,320,000
$350,000
Lease:
More info
$375,000
Lease:
$3,534/month
$579,900
$975,000
$399,000
$139,900
$899,000
$99,900
$399,999
$249,900
$65,000
$140,000
$1,362,038
$850,000
$12,833/month
More info
$175,000
$50,000
More info
More info
$1,028,500
$50,000
No results found
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Retail Commercial Real Estate in Detroit
Driven by the city’s backbone of industry and innovation in the United States, Detroit became a major economic powerhouse not just for the Henry Fords of the country, but for those looking to capitalize on the city’s success through retail and shopping experiences.
Finding retail space in Detroit is easier than ever. Outside of the major shopping facilities in Tower Center Mall, New Center One, and Fairlane Town Center, the various neighborhoods in Detroit have become a breeding ground for high-end boutiques, niche shopping, and name-brand stores driven by foot traffic and high-visibility.
Despite the city’s unfortunate status as the symbol of the Great Recession, Detroit has rebounded. There are still areas of the city that are sparsely populated, but the major downtown corridor has been cited as “the new Brooklyn,” offering high-end restaurants, cocktail bars, and an arts and music scene that’s reminiscent of the city’s hay day. Places like Corktown, the city’s oldest neighborhood, offers residents and visitors a robust arts and culture scene in a space that only a decade ago boasted boarded up buildings and derelict warehouses. But today, commercial investments in established or defunct real estate have created ample opportunity for enterprising business owners to establish a hold in a historic city on the rebound.
Thanks to the greater economic boon in the years following the recession and a major overhaul of the city’s finances, Detroit is slowly becoming a more modern and attractive city. It was one of the first to fully implement LED streetlights; several organizations and initiatives have begun revitalizing neighborhoods with greater community support, urban gardening movements, and renovations of historic buildings into residential or commercial uses.
Businesses looking to expand or get their start in Detroit enjoy some of the lowest commercial lease terms in markets of its size and a population on the rebound for the first time from a decade ago.
Market Stats
Detroit has 719 commercial real estate spaces for lease, representing 14,719,305 sqft space.
660 buildings are available for sale.
In the past 30 days, Detroit has had 35 spaces leased.