Grosse Pointe Farms Retail Space for Sale

Currently, there are 1 Retail Space listings for sale near Grosse Pointe Farms, MI. LoopNet consistently updates its retail listings with the latest properties added on a regular basis.

The average price per square foot for Grosse Pointe Farms Retail Space for sale is about $147. The cost of retail space is generally influenced by its location, size, and condition. Prime locations and larger, well-maintained spaces are generally more expensive, with the highest price of retail space in Grosse Pointe Farms, MI going for $248/sqft.

The average size of Retail Space available for sale in Grosse Pointe Farms, MI is approximately 3,450 SF. The largest Retail Space available for sale is 4,900 SF and the smallest is 2,000 SF.

Determining the size of retail space you'll need to buy depends on factors such as the type of business and space needed for services, number of employees, storage needs, etc.

Cap rates for retail properties in Grosse Pointe Farms, MI typically range between and , with variations influenced by factors including tenant quality, lease terms, and property age. Read more about cap rates and other factors that influence them such as location, property type and market conditions.

Conduct the proper due diligence including these factors to find the right retail space to buy in Grosse Pointe Farms, MI:

• Location: Align with your target market and offer visibility
• Foot Traffic: Choose an area in Grosse Pointe Farms with high foot traffic, if possible
• Size and Layout: Size and layout should accommodate your needs
• Physical Condition and Maintenance: Factor in maintenance costs and potential renovation needs
• Zoning and Regulations: Ensure compliance with zoning regulations and permits for your intended use