Commerce Township, Michigan Commercial Real Estate 0 Listings

Commerce Township, Michigan: A Premier Destination for Commercial Real Estate

Introduction

Commerce Township, Michigan, stands as a burgeoning hub for commercial real estate, marked by its strategic location, robust economic landscape, and diverse industry presence. Situated in Oakland County, Commerce Township offers a blend of suburban charm and economic vitality, making it an ideal setting for various commercial real estate ventures. Its proximity to major urban centers like Detroit enhances its appeal, as does its focus on industries such as logistics, retail, and manufacturing.

Economic and Industry Overview

Commerce Township's economic landscape is driven by a mix of traditional and emerging industries. Key sectors include:

Retail and Logistics: The presence of major retail chains and distribution centers highlights the demand for retail and industrial properties.
Manufacturing: A strong manufacturing base supports a variety of industrial real estate needs.
Healthcare and Medical: The growth of healthcare facilities contributes to increased demand for medical office spaces.

Regional economic development initiatives, such as those led by the Oakland County Economic Development, play a pivotal role in attracting investment and supporting the township's growth.

Strategic Location and Transportation Infrastructure

Commerce Township is strategically positioned with access to key transportation networks:

Highways: Major thoroughfares like I-96 and M-5 facilitate easy connectivity to Detroit and other significant markets.
Airports: Proximity to Detroit Metropolitan Airport enhances the logistics capabilities for businesses.
Rail Lines: Access to freight rail services further supports industrial growth.

These logistical advantages make Commerce Township a desirable location for businesses seeking efficient distribution and access to a skilled labor pool. For more details, visit the Michigan Department of Transportation.

Commercial Real Estate Inventory & Zoning

The township's commercial real estate landscape is diverse, with key submarkets that include:

Central Business District (CBD): A focal point for office and retail developments.
Industrial Corridors: Areas designated for warehousing and manufacturing uses.
Innovation Districts: Zones that encourage high-tech and research-oriented developments.

Recent zoning updates and incentives are designed to attract developers and investors. Links to zoning maps and parcel viewers can be found on the Commerce Township Zoning Department.

Major Employers and Institutions

Notable employers and institutions in Commerce Township include:

General Motors: Major automotive manufacturing and research presence.
Henry Ford Health System: A significant employer in the healthcare sector.
Waltonwood Senior Living: Contributing to the demand for medical and residential facilities.

These entities drive significant demand for commercial real estate. For a comprehensive list, visit the Oakland County Business Directory.

Notable Commercial Developments & Projects

Commerce Township hosts several large-scale developments, such as:

Commerce Village: A mixed-use development combining retail, office, and residential spaces.
Innovation Park: Focused on tech and research facilities.

These projects often involve public-private partnerships and are located within designated Opportunity Zones. For planning documents, visit the Commerce Township Planning Department.

Building Permits, Planning, and Development Tools

For developers and investors, essential resources include:

Market Data & Economic Reports

Commerce Township benefits from extensive public data sets, such as those from Census.gov and the township's Open Data Portal. Brevitas integrates AI-powered aggregation of this data with internal insights to provide comprehensive market analysis. Explore Brevitas-powered dashboards for Commerce Township here.