Investment Commercial Real Estate in Michigan

Browse 60 investment properties in Michigan (MI) with an average asking rent of $13 per SF, an average asking sale price of $124 per SF, and an average size of 5,261 SF.

Current Inventory60
Average Available Size5,261 SF
Total Available Size42,084 SF
Average Asking Price—
234 S Water St listing image
Sale HospitalityInvestment

234 S Water St

234 S Water St, Saginaw, MI 48607

  • $995K
  • 16,702 SF building
  • 0 ac

Amazing property and opportunity on the Saginaw River. Built in 1909 as an amory and remodeled beginning in 2000 over the years. A two story historical building of 6,825 SF per floor with a lower level of 3,052 SF. The first floor consists of several offices and work areas with class A finishes and two good size restrooms. The second floor operated as a lounge and "Indigo" venue with seating, dance floor, kitchen area and a full bar overlooking the Saginaw River. The building has seven HVAC units with 3 servicing the first floor and 4 servicing the Indigo lounge on the second floor. The lower level provides additional space and potential for fuure use.The sale price includes an additional parcel, 228 Water Street, that is the parking lot adjacent to the east and north. Street parking is also available.The location is central to the downtown area with the SVRC Marketplae adjacent to the north and Dow Event Center a few blocks to the north. Concentrated healthcare to the south with an upcoming Saginaw Medical Diamond project of an estimated $250 million transformational riverfront and downtown Saginaw.The sale price includes most office furniture and furnishings/equipment associated with the Indigo lounge, as shown, except for specifically excluded personal property. A liquor license is available, but not included in the sale price.

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200 N 13th St listing image
Sale/Lease Investment

200 N 13th St

200 N 13th St, Bay City, MI 48708

  • $449.9K
  • $4 SF/year
  • 10,094 SF
  • 10,094 SF building
  • 2 ac

This commercial building offers versatility and immense potential for growth. Formerly used as a warehouse, the property sits near the exciting “Uptown” development and benefits from excellent exposure, making it an ideal location for any business. The building’s flexible design makes it perfect for a wide range of uses, from commercial or retail space on the ground floor to the possibility of building UP and having residential or Office suites on upper levels. This property may qualify for the newly approved Bay City tax abatement preference for grocery stores near dense housing! It’s structurally designed to support the addition of a second or even third story, where you can enjoy the river views! With its prime location and multi-story development possibilities, this property offers a unique opportunity to create a mixed-use space that capitalizes on the surrounding neighborhood’s growth. Whether you’re looking to expand your business, develop residential units, this building is ready for its next chapter and is ready for a new use. The building features approximately 1200Sf of office space, 17Ft celling height, and 3 rollup doors. Creative/Seller Financing is an option.

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8128 Redwood Blvd listing image
Sale LandInvestment

8128 Redwood Blvd

8128 Redwood Blvd, Lansing, MI 48917

  • $499.9K
  • 5 ac

Shovel-Ready Development Site in Delta Charter Township-Unlock the potential of this prime 4.4-acre (gross) / 4.95-acre (surveyed) development site, perfectly positioned in one of Lansing’s most sought-after residential and commercial growth corridors. Whether you are looking to execute a high-demand senior care facility or pivot to a profitable multi-family residential project, this parcel is primed for immediate action.HIGHLIGHTSStrategic Location: Situated in Delta Charter Township, just 10 minutes from downtown Lansing and minutes from I-96, 69 and 496 expressways, this site offers the perfect blend of suburban tranquility and urban accessibility.Current Zoning: RM (Multiple Family Residential) – Designed to serve as a high-value transition zone.Pre-Approved Potential: The site has a history of approval for a 60-bed Adult Foster Care Facility. Complete civil engineering plans by and established local Architecture firm, site sketches, and soil erosion protocols are already drafted, significantly reducing your pre-development timeline.High Value-Add: Tax Year 2027 values are already established with a State Equalized Value (SEV) of $323,400, reflecting the township's high valuation of this "Commercial-Vacant" land.DEVELOPMENT VERSATILITYWhile currently tailored for Maple Hill Adult Foster Care, the RM Zoning allows for a diverse range of profitable ventures:Multi-Family Duplexes/Townhomes: Proposed density allows for up to 23 units (approx. 5.23 units per acre), ideal for a "Redwood-style" luxury rental community.Senior Living & Congregate Care: Ideally suited for "Age-In-Place" housing or a private convalescent home.Institutional Use: Potential for child daycare centers, religious institutions, or professional office spaces with Special Land Use approval.SITE SPECIFICATIONSParcel ID: 040-009-200-048-00Jurisdiction: Delta Charter Township (Eaton County)School District: Grand Ledge Public SchoolsSite Readiness: Earth disturbance plans for 2.8 acres already engineered; utility contacts and jurisdictional reviews (Water, Sewer, Soil Erosion) are on file.Setting: Beautifully landscaped area near the established Redwood Delta Township community, featuring green spaces and mature surroundings.Secure your footprint in the West Lansing submarket todaySite is priced competitively for a developer who wants to bypass the "blank slate" phase. The heavy lifting of civil engineering and site planning has been initiated, offering a clear path to permitting and construction.

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4631 Lapeer Rd 4619 Lapeer Rd listing image
Sale InvestmentRetail

4631 Lapeer Rd 4619 Lapeer Rd

4631 Lapeer Rd, 4619 Lapeer Rd, Smiths Creek, MI 48074

  • $590K
  • 9,090 SF building
  • 3 ac

Established Business + Real Estate + Inventory | Pete’s Camping ServiceRare opportunity to acquire Pete’s Camping Service, an established RV/camping service and retail business offered as a complete package with two real estate properties, business operations, equipment/fixtures and approximately $40,000 in inventory.Located at 4619 & 4631 Lapeer Road, the offering encompasses approximately 2.765 acres and includes approximately 9,090 SF of commercial/service space, plus a separate approximately 1,206 SF residence. The property provides an established location for service, repair, retail and related operations with room for a new owner to expand or reposition the business.Pete’s Camping has an established service component and customer base.The sale is intended to provide a purchaser with a turnkey opportunity including the underlying real estate, established business operation, approximately $40,000 in inventory, and associated equipment and fixtures.Financial information and additional business details are available to qualified prospective purchasers upon request. Buyer to independently verify all property, business, financial, inventory and zoning information.

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809 Henry St listing image
Sale Investment

809 Henry St

809 Henry St, Ann Arbor, MI 48104

  • $3M
  • 2,825 SF building
  • 0 ac
  • 7.25% cap rate

Fantastic Investment Opportunity! Completely renovated in 2023, 2 units, total of 5 bedrooms3 full baths INVESTMENT PROPERTY! This listing has been successfully used as a Short TermRental Property! LOCATION is INCREDIBLE! THE BIG HOUSE, MICHIGAN STADIUM, CRISLERCENTER, YOST ICE ARENA & U of M Golf Course are all within a short walk of this property!Gross Rents for 2024 ( Last Year Available) $305,150! Net Operating $ 217,490! This Propertyhas EXCESS LAND, Possibility to use as EVENT Parking & Potentially generating AdditionalPARKING REVENUE. This is a permitted use allowed under the zoning ordinances of the City ofAnn Arbor! Sale will include the newly formed 809 Henry L.L.C. which owns the Property & hasapplied for a new Short Term Rental Permit which will be transferable to the new purchaser of809 Henry L.L.C.

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Waterfront 470' on the Saginaw River listing image
Sale InvestmentHospitality

Waterfront 470' on the Saginaw River

1251 Evergreen Drive, Bay City, MI 48708

  • $650K
  • 6,180 SF building
  • 3 ac

Waterfront property of 470' on the Saginaw River consisting of two parcels (1225 & 1251 Evergreen) of approx. 2.83 acres. Includes a 6,200 SF pole building with two restrooms, mezzanine, heated office and work shop area. There are also some boat slips and a boat lift/ launch/ramp. There are some boat slips north of the lift which are not included in the sale price (not shown in the pictures). Price does include the boat lift. Seawall is in good condition. The property is gated and fenced. With the acreage and zoning, it offers space and opportunity for possible camp sites.Annual real estate taxes for 2026 are $4,261.

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