Highland Park, Wayne County, MI Commercial Real Estate for Lease and Sale

Explore 11 listings of Highland Park commercial real estate for lease and for sale to find the best space for your business.

CRE Market FAQs

16247 Hamilton Ave

16247 Hamilton Ave, Highland Park, MI
Property

Retail

3,772 SF
Availability

1 Space

3,772 SF
Year Built

1936
For Lease

$14.00/SF/YR
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Highland Point Plaza

12007 - 12029 Woodward Avenue, Highland Park, MI
Property

Retail

18,553 SF
Availability

2 Spaces

6,564 SF
For Lease Contact for pricing
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Oakland Park 5

13000 Oakland Park Blvd, Highland Park, MI
Property

Industrial

210,000 SF
Availability

1 Space

210,725 SF
Year Built

1999
For Lease Contact for pricing
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16247 Hamilton Ave

16247 Hamilton Ave, Highland Park, MI
Property

Retail

3,772 SF
Year Built

1936
For Sale

Subject To Offer
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15135 Hamilton Ave

15135 Hamilton Ave, Highland Park, MI
Property

Industrial

70,407 SF
For Sale Contact for pricing
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For Sale/Leasing Now > New Construction 443,156 SF State of the Art Manufacturing Logistics or Distribution Facility

13751 Hamilton Avenue, Highland Park, MI
Property

Industrial
Availability

1 Space

443,156 SF
Year Built

2022
For Lease Contact for pricing
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Woodward Avenue Land

16121 Woodward, Highland Park, MI
Property

VacantLand
For Sale

$225,000
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Detroit Gas Stations | 5 Locations

11600 Meyers Rd, 12551 Woodward Ave, 19444 Schoolcraft Rd, 19830 W McNichols Rd, 20121 W McNichols Rd, Highland Park, Highland Park And Detroit, MI
Property

Retail

6,204 SF
For Sale

Individually Priced
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For Sale/Leasing Now > New Construction 443,156 SF State of the Art Manufacturing Logistics or Distribution Facility

13751 Hamilton Avenue, Highland Park, MI
Property

Industrial

443,156 SF
Year Built

2022
For Sale Contact for pricing
View Details (opens in new window)
15135 Hamilton Ave

15135 Hamilton Ave, Highland Park, MI
Property

Industrial

70,407 SF
Availability

1 Space

70,407 SF
For Lease

$5.50/SF/YR
View Details (opens in new window)
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Corner Land Parcel

16121 Woodward Ave, Highland Park, MI
Property

Other
For Sale

$225,000
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Highland Park commercial real estate market includes 19,485 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Highland Park market, there is a total of 793,970 square feet of industrial property.

The listing inventory in Highland Park incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Highland Park is represented by Industrial space, which accounts for 724,288 square feet of available listings. Retail space available in Highland Park adds up to 10,712 square feet.

Meanwhile, most of the listings of commercial property for sale in Highland Park are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Highland Park, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $14 per square foot.

The average size of a commercial property in Highland Park depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

Retail properties here incorporate an average of 3,248 square feet.
Industrial space in Highland Park is in buildings that are, on average 198,493 square feet in size.

Highland Park, Wayne County, MI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Highland Park currently add up to 735,000 square feet. Local retail availability includes 10,712 square feet across 3 retail space(s). Industrial space for rent opportunities in Highland Park amount to 724,288 square feet across a total of 3 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Retail	3	10,712
Industrial	3	724,288

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Highland Park, Wayne County, MI. Currently, there is 587,619 square feet of commercial property for sale here , which includes , 3 retail investment opportunity listing(s) , and 2 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Retail	3	12,016
Industrial	2	513,563
Other	3	62,040

Highland Park, Wayne County, MI Commercial Real Estate for Lease and Sale

16247 Hamilton Ave

Highland Point Plaza

Oakland Park 5

16247 Hamilton Ave

15135 Hamilton Ave

For Sale/Leasing Now > New Construction 443,156 SF State of the Art Manufacturing Logistics or Distribution Facility

Woodward Avenue Land

Detroit Gas Stations | 5 Locations

For Sale/Leasing Now > New Construction 443,156 SF State of the Art Manufacturing Logistics or Distribution Facility

15135 Hamilton Ave

Corner Land Parcel

Frequently Asked Questions

Highland Park, Wayne County, MI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Highland Park, Wayne County, MI Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Highland Park, MI?

What factors affect the price of commercial real estate in Highland Park, MI?

What are the best areas for commercial real estate in Highland Park, MI?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Highland Park, MI?

Highland Park, Wayne County, MI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us