Washington, MI
Commercial Real Estate Market Trends & Data

$254 Avg asking sale price
$17 Avg asking lease rate
31,213 SF Avg unit lease size
24,309 SF Avg building size for sale
6.33% Average cap rate

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Washington, MI

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Washington $477 5,165 SF 5.65%
Washington Township $556 2,758 SF 5.65%
Shelby Township $294 8,728 SF 5.65%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Washington $122 53,103 SF 7.00%
Washington Township $127 64,572 SF 7.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Washington $524 3,103 SF
Washington Township $479 3,298 SF
Romeo $179 2,225 SF
Shelby Township $408 9,582 SF
Bruce Township $212 4,705 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Sterling Heights $101 39,370 SF 4.53%
Clinton Township $66 36,393 SF 10.16%
Troy $197 14,953 SF 6.42%
Mount Clemens $148 3,720 SF 10.16%

Commercial Properties For Sale in Washington

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

11825 29 Mile Rd

Washington, MI 48095

  • 16,920 SF Industrial Building
  • $3,750,000
For Sale

Caruso's Car Care - Shelby Township, MI

Shelby Township, MI 48315

  • 4,675 SF Retail Building
  • $4,449,000
For Sale

26 MILE & Van Dyke Portfolio

Washington, MI

  • $995,000
For Sale

330-332 W Tienken Rd

Rochester Hills, MI 48306

  • 12,383 SF Office Building
  • $2,100,000
For Sale

149 W Saint Clair St

Romeo, MI 48065

  • 2,225 SF Office Building
  • $399,000
For Sale

143 W Saint Clair St

Romeo, MI 48065

  • 1,680 SF Office Building
  • $379,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Washington pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Washington $254 24,309 SF
Washington Township $318 28,611 SF
Romeo $164 36,763 SF
Ray Township $88 71,574 SF

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Washington, MI and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Washington

View All Commercial Real Estate For Sale in Washington
Is Washington a good market for a first-time commercial real estate investor?

Washington offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Washington?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Washington. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Washington?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Washington. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Washington compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Washington. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Washington acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Washington, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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