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3033 Spring Vale Rd
Walled Lake, MI 48390
Regal UA Commerce Township · Retail Property For Sale

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EXECUTIVE SUMMARY

Prime Location in a Growing Community – Situated in Commerce Township, a thriving suburb with strong population growth and proximity to major employment centers.
Strong Demographics and Income Levels – Median household income exceeds $140K (5 mi radius), supporting demand for retail, office, and residential redevelopment.
Flexible Zoning and Development Support – Township offers rezoning, PUDs, and special land use options to accommodate diverse redevelopment visions.
Redevelopment-Friendly Environment – Local planning bodies actively support redevelopment along key corridors and are accessible to developers.
Educated and Diverse Workforce – Nearly half of residents hold college degrees, supporting demand for office space and workforce housing.
High Homeownership and Property Values – With 84% owneroccupied housing and median home values near $390K, the area is ideal for upscale residential projects.
Access to Township Planning Resources – Developers can utilize zoning ordinances, master plans, and maps to streamline approvals and align with township goals.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Movie Theater
Building Size
58,338 SF
Building Class
B
Year Built
1998
Price
$6,271,335
Price Per SF
$107.50
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
12.75 AC
Zoning
BV - Business Commercial zoning
Parking
548 Spaces (9.39 Spaces per 1,000 SF Leased)
Frontage
787’ on Loop Rd

AMENITIES

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-36-400-027
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,810,580
  • Listing ID: 37771035

  • Date on Market: 9/22/2025

  • Last Updated:

  • Address: 3033 Spring Vale Rd, Walled Lake, MI 48390

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