What are the different types of commercial real estate?

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. The Northville commercial real estate market incorporates 318,856 square feet of office space across 8 buildings. 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 Northville commercial real estate market includes 68,210 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 Northville market, there is a total of 33,000 square feet of industrial property.

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

The largest share of commercial real estate space for lease in Northville is represented by Office space , which accounts for 18,986 square feet of available listings. Industrial space available in Northville adds up to 6,580 square feet.

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

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.

What is the average rent for commercial space in Northville, MI?

The average rent for commercial real estate space listed for lease in Northville is $19.61 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Northville can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

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

The best choice of location for commercial space depends on the factors that are most relevant to your business. 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 Northville, 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.

How do I find a good commercial real estate broker?

Whether or not 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!

What is the most profitable commercial real estate?

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 $26 per square foot.

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

The average size of a commercial property in Northville 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: In Northville, the average size of an office property is 39,857 square feet. Retail properties here incorporate an average of 34,105 square feet. Industrial space in Northville is in buildings that are, on average 33,000 square feet in size.

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12 Commercial Real Estate Listings in Northville, MI

CRE Market Stats

311 E Main St

311 E Main St, Northville, MI
For Lease

$26.00/SF/YR
Property

Office

13,116 SF
Availability

1 Space

3,259 SF
Year Built

2008
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235 East Main Street

235 East Main Street, Northville, MI
For Lease

$18.00 - $20.00/SF/YR
Property

Office

72,000 SF
Availability

1 Space

6,000 SF
Year Built

1936
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150 Maincentre

150 Maincentre, Northville, MI
For Lease

$15.00 - $18.00/SF/YR
Property

Office

131,344 SF
Availability

2 Spaces

6,415 SF
Year Built

1988
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114 Rayson St

114 Rayson St, Northville, MI
For Sale

$1,090,000
Property

Office

3,150 SF
Year Built

2005
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114 Rayson St

114 Rayson St, Northville, MI
For Lease

$1,000.00 - $1,600.00/MO
Property

Office

3,150 SF
Availability

2 Spaces

912 SF
Year Built

2005
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Northville & South Lyon Medical Portfolio Sale

422 N Center St & 12660 Ten Mile Rd, Northville, Northville & South Lyon, MI
For Sale

$3,100,000
Property

Office

18,040 SF
Year Built

2013
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315 N. Center Street

315 N. Center Street, Northville, MI
For Lease

$25.95/SF/YR
Property

Office

3,600 SF
Availability

1 Space

1,200 SF
Year Built

1999
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235 East Main Street
Amity Coworking
235 East Main Street #105B, Northville, MI
Services

Open Workspace

Meeting Room

Dedicated Desk
Amenities

Complimentary coffee & tea

Free water

High-speed wifi

Parking

Printer
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127 Hutton Street

127 Hutton Street, Northville, MI
For Sale

Contact for pricing
Property

Retail

3,210 SF
Year Built

1980
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43334 West 7 Mile Road

43334 West 7 Mile Road, Northville, MI
For Lease

$14.00/SF/YR
Property

Industrial

33,000 SF
Availability

2 Spaces

6,580 SF
Year Built

1986
View Details (opens in new window)
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Off Market
Water Wheel Centre

235 East Main Street, Northville, MI
Property

Office

74,456 SF
Year Built

2005
Off Market
Northville Square

133 West Main Street, Northville, MI
Property

Retail

65,000 SF
Year Built

1973

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. The Northville commercial real estate market incorporates 318,856 square feet of office space across 8 buildings.
  
  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 Northville commercial real estate market includes 68,210 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 Northville market, there is a total of 33,000 square feet of industrial property.
The largest share of commercial real estate space for lease in Northville is represented by Office space, which accounts for 18,986 square feet of available listings. Industrial space available in Northville adds up to 6,580 square feet.
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.
The average rent for commercial real estate space listed for lease in Northville is $19.61 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Northville can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.
The best choice of location for commercial space depends on the factors that are most relevant to your business. 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 Northville, 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.
Whether or not 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 $26 per square foot.
The average size of a commercial property in Northville 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:
- In Northville, the average size of an office property is 39,857 square feet.
- Retail properties here incorporate an average of 34,105 square feet.
- Industrial space in Northville is in buildings that are, on average 33,000 square feet in size.

Northville, MI Commercial Real Estate Inventory Breakdown

In addition to preferred particularities of local culture, economy, and geography, businesses looking to expand or relocate also give great consideration to the size, variety, and quality of the commercial real estate in and around their city of interest.

Total Office Space in Northville: 74,456 Sq. Ft.

In Northville, the largest share of office space is in office properties sized 50k to 100k square feet. Office space rated Class B amount to 74,456 square feet.

Northville Office Market Breakdown by Building Size
Building Size Range	Total Square Feet	Share of Total Office
50k to 100k Sq. Ft.	74,456 Sq. Ft.	100%

Northville Office Market Breakdown by Building Quality Rating
Class	Total Square Feet	Share of Total Office
Class B	74,456 Sq. Ft.	100%

Data was provided by CommercialEdge, refers to properties larger than 50,000 square feet.

Total Industrial Space in Northville: 59,347 Sq. Ft.

Northville is home to an industrial real estate market that encompasses 59,347 square feet of space across 1 industrial properties of various use types, sizes, and quality ratings.

Northville Industrial Market Breakdown by Building Size
Building Size Range	Total Square Feet	Share of Total Industrial

Northville Industrial Market Breakdown by Building Quality Rating
Class	Total Square Feet	Share of Total Industrial
Class B	33,000 Sq. Ft.	55.61%
Class C	26,347 Sq. Ft.	44.39%

Data was provided by CommercialEdge, refers to industrial use properties larger than 50,000 square feet.

Total Retail Space in Northville: 65,000 Sq. Ft.

The Northville commercial real estate market includes 1 properties that are dedicated to retail use. The various types of retail space here account for 65,000 square feet of commercial property in Northville.

Northville Retail Market Breakdown by Building Size
Building Size Range	Total Square Feet	Share of Total Retail
50k to 100k Sq. Ft.	65,000 Sq. Ft.	100%

Data was provided by CommercialEdge and refers to retail properties larger than 50,000 square feet.

Northville, MI Currently Available Listings

Commercial real estate listings for rent in Northville currently add up to 51,132 square feet. There are 7 active office listings, which amount to 18,986 square feet and account for 36% of commercial spaces on the market. Industrial space for rent opportunities in Northville amount to 6,580 square feet across a total of 1 listings.

Northville Commercial Space for Lease Breakdown
City	Property Type	Count of Listings	Total SF
Northville, MI	Office	7	18,986
Northville, MI	Industrial	1	6,580
Northville, MI	Other	10	25,566

Office

Industrial

About us

CommercialCafe is your go-to commercial real estate listing source. We partner with highly respected major brokerages from across the country to ensure high-quality listings that are updated frequently. Our online marketplace lists all commercial property types from office, coworking, retail, and industrial to special purpose properties.

CommercialCafe is a trusted Yardi brand and is an integral part of the CommercialEdge network — the fastest-growing network of online real estate marketplaces, which ranks on the 1st page of Google for all top markets, attracts more than 2 million monthly visits, and generates more than 350,000 broker contacts.

12 Commercial Real Estate Listings in Northville, MI

311 E Main St

235 East Main Street

150 Maincentre

114 Rayson St

114 Rayson St

Northville & South Lyon Medical Portfolio Sale

315 N. Center Street

235 East Main Street

127 Hutton Street

43334 West 7 Mile Road

Water Wheel Centre

Northville Square

Frequently Asked Questions

Northville, MI Commercial Real Estate Inventory Breakdown

Total Office Space in Northville: 74,456 Sq. Ft.

Total Industrial Space in Northville: 59,347 Sq. Ft.

Total Retail Space in Northville: 65,000 Sq. Ft.

Northville, MI Currently Available Listings

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