Groesbeck 13 Mile — Sale in Fraser, MI

  • Price: $700K
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Fraser, MI 48026
  • Size: 5,889 SF

Photos

Groesbeck 13 Mile — Sale in Fraser, MI, photo 1 of 3
Groesbeck 13 Mile — Sale in Fraser, MI, photo 2 of 3
Groesbeck 13 Mile — Sale in Fraser, MI, photo 3 of 3

Investment Figures

Price per square foot
$119

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Market Context

This retail in Fraser, MI is listed for sale at $700,000 across 5,889 SF ($119/SF). Compare it against other retail listings for sale in Fraser, MI — view the full market.

As of Q1 2026, the Detroit retail market showed a 1.3% vacancy rate, average asking rents near $17.00/SF/yr, and rents up 1.3% year over year. Source: Cushman & Wakefield Q1 2026 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

Is the Detroit retail market tightening or softening?
Vacancy is around 1.3%, with asking rents rising year over year (Q1 2026).

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