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Plaza West 901 W Michigan Ave 11,168 SF 73% Leased Retail Building Saline, MI 48176 $1,565,000 ($140.13/SF)

Investment Highlights
- Approximately 2.96-acre parcel with potential for future pad development
- Generous surface parking and easy dual access via Michigan Avenue and Riveroaks Blvd
- Strong local demographics and walkable residential base driving steady consumer activity
Executive Summary
Plaza West Shopping Center presents an attractive investment opportunity in the thriving city of Saline, Michigan. Strategically positioned along Michigan Avenue, one of the region’s primary commercial corridors, this fully leased, multi-tenant retail center offers stable income and future upside. The property encompasses approximately 11,168 SF on a nearly 3-acre parcel with strong visibility, dual access points, and prominent signage along Michigan Avenue.
Anchored by established tenants including Shack Vine, Vinny’s Barber Shop, Christina’s Ice Cream Shop, and Baker’s Nook, the center provides a diversified income base supported by strong local demographics. High household incomes, stable homeownership, and the property’s proximity to Ann Arbor contribute to long-term tenant demand and consistent consumer traffic. The site features ample surface parking, efficient ingress and egress, and walkable connectivity to nearby residential communities, including Six Trails Apartments.
Investors will benefit from a 100% occupied asset with value-add potential through strategic lease restructuring or site enhancements. With an asking price of $1,565,000, Plaza West combines immediate cash flow security with the flexibility to maximize returns over time in a resilient retail submarket.
Anchored by established tenants including Shack Vine, Vinny’s Barber Shop, Christina’s Ice Cream Shop, and Baker’s Nook, the center provides a diversified income base supported by strong local demographics. High household incomes, stable homeownership, and the property’s proximity to Ann Arbor contribute to long-term tenant demand and consistent consumer traffic. The site features ample surface parking, efficient ingress and egress, and walkable connectivity to nearby residential communities, including Six Trails Apartments.
Investors will benefit from a 100% occupied asset with value-add potential through strategic lease restructuring or site enhancements. With an asking price of $1,565,000, Plaza West combines immediate cash flow security with the flexibility to maximize returns over time in a resilient retail submarket.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,168 SF
Building Class
B
Year Built
2000
Price
$1,565,000
Price Per SF
$140.13
Percent Leased
73%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Lot Size
2.96 AC
Zoning
C-3 - Accommodates office, business service, and retail uses that serve a larger market than C-1 district including the city and surrounding communities.
Parking
45 Spaces (4.03 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
| Space | Size | Space Use | Position | Available |
| 1st Floor | 3,000 SF | Office/Retail | - | Now |
1st Floor
| Size |
| 3,000 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 3,000 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Now |
Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 18-01-325-012 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $681,500 |
Property Taxes
Parcel Number
18-01-325-012
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$681,500
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Plaza West | 901 W Michigan Ave
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