Investment Commercial Real Estate for Sale in Michigan

Browse 60 investment properties for sale in Michigan (MI) with an average asking sale price of $125 per SF and an average size of 5,562 SF.

Current Inventory60
Average Available Size5,562 SF
Total Available Size33,374 SF
Average Asking Price$1,114,138
310 E Midland St listing image
Sale InvestmentRetail

310 E Midland St

310 E Midland St, Bay City, MI 48706

  • 15,000 SF building
  • 1 ac

310 E Midland St is a 15,000-square-foot historic mixed-use investment property in Bay City's Midland Street District. The 1890-built building was renovated in 2020 and includes five street-level retail storefronts, 12 second-floor apartment units, 35 parking spaces, and approximately 0.76 acres. The property is zoned C-3 within the Central Business District.One retail storefront is currently leased at $850 per month plus utilities, while four additional storefronts are available for lease-up. Each retail unit is separately metered and includes private basement storage with updated plumbing and drainage.The second floor includes 12 apartment units requiring renovation, providing a value-add residential opportunity. Fully engineered plans are available for a proposed four-unit condominium conversion, offering an alternative repositioning strategy.The property is located near the Bay County Riverwalk and Midland Street District restaurants, breweries, nightlife, and entertainment venues. An SDM (Specially Designated Merchant) liquor license for 305 E Midland is also available separately for an additional $6,500.An offering memorandum, rent roll, and engineered condominium plans are available upon request with a signed NDA. 15,000 SF Historic Mixed-Use Building in the heart of Bay City's Midland Street DistrictFive Ground-Floor Retail Storefronts — one leased at $850/month + utilities, four available for immediate lease-up12 Upper-Level Apartment Units ready for renovation and repositioningEngineered Plans in Place for a four-unit luxury condominium conversion — permit-ready path to premium residential productSeparately Metered Units with private basement storage, updated plumbing, and drainageValue-Add Upside across both retail lease-up and residential redevelopmentWalkable Location — steps from the Bay County Riverwalk, restaurants, breweries, nightlife, and entertainmentStrong Corridor Momentum — Midland Street District continues to attract reinvestment, new tenants, and residentsOptional SDM Liquor License available for 305 E Midland for an additional $6,500 — ideal for retail or hospitality conceptsOffering Memorandum, Rent Roll, and Engineered Plans available upon request with signed NDA

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850-890 York St listing image
Sale IndustrialInvestment

850-890 York St

850 York St, Plymouth, MI 48170

  • $2.4M
  • 16,732 SF building
  • 1 ac

This 12-unit industrial flex investment package in Plymouth features a three-building office and warehouse campus located in the excellent Plymouth Old Village location near M-14, I-275 and I-96. The property consists of office/warehouse flex units that are turnkey and fully remodeled and renovated. The property includes a new parking lot throughout, multiple grade-level overhead doors, and public municipal water and sanitary sewer services. The buildings are one-story with block exterior, slab foundation, and gas-fired space heaters with fans.Investment highlights12-unit industrial investment package in PlymouthThree-building office and warehouse campusI-1 Light Industrial zoningAll units turnkey and fully remodeledNew parking lot throughout the propertyExcellent Plymouth Old Village location near M-14, I-275 and I-96

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No image available
Sale InvestmentOffice

Michigan Ave Plaza with Room for Expansion

Michigan Ave, Dearborn, MI

  • $2.8M
  • 10,782 SF building

Available for purchase is a versatile multi-parcel commercial offering totaling 10,782 square feet across multiple buildings in Dearborn. Offered at $2,800,000, this seven-parcel assembly features established cash flow, prominent corridor exposure, and significant potential for expansion, redevelopment, or an owner-user layout. Situated within an Opportunity Zone, the property provides flexible zoning options and designated parking to accommodate a variety of commercial uses. Financial details and Offering Memorandum are available upon request with a signed NDA. Prominent frontage along the Michigan Avenue commercial corridorClose to major Dearborn civic and retail destinationsRoom for redevelopmentStrong cashflow

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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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