$75,000 to $7,000,000
30 yrs
1 - 4%
Loan Type Bridge Loan, Commercial Loan, Construction Loan, DSCR Loan, Hard Money Loan, Rehab Loan
Property Type 2-4 Units, Multi Family
Michigan Commercial Loan Lenders
Below is a list of 34 Lenders that offer commercial loans in Michigan. Interest Rates vary on a case-by-case basis but are typically offered from 4% to 16%. In addition, these lenders provide loan amounts from $50,000 and $1,000,000,000.
$250,000 to $5,000,000
1 year, 2 years, 30 years
7.5% - 14%
Loan Type Bridge Loan, Commercial Loan, Hard Money Loan
Property Type Automotive, Bar, Car Wash, Church, Condo, Daycare, Funeral Home, Hotel, Industrial, Mixed use, Mobile Home Park, Multi Family, Office, Place of Worship, Restaurant, Retail, Self-Storage, Warehouse
$100,000 to $3,000,000
30 years
2 - 5%
Loan Type Bridge Loan, Commercial Loan, Construction Loan, Hard Money Loan, Rehab Loan
Property Type 2-4 Units, Industrial, Medical Office, Mixed use, Multi Family, Office, Retail, SFR, Shopping Center, Special-Use, Strip Center
$1,000,000 to $50,000,000
1 year, 1.5 years, 2 years, 3 years
Loan Type Bridge Loan, Commercial Loan, Construction Loan, Hard Money Loan, Rehab Loan
Property Type Hotel, Land Entitled, Medical Facility, Mixed use, Multi Family, Office, Retail, Student Housing
Exploring Michigan's Commercial Real Estate Market
Michigan’s commercial real estate market has been steadily growing over the past decade. From office spaces to retail centers, the state offers a wide range of commercial property types. In this article, we will explore Michigan’s commercial real estate market, including its unique property types and investment opportunities.
Industrial Spaces: Driving Economic Growth
Michigan’s manufacturing industry has a long history of driving economic growth in the state. Industrial spaces, such as warehouses, distribution centers, and manufacturing plants, continue to be a strong investment opportunity in Michigan. The state’s central location and well-developed transportation infrastructure make it an ideal location for businesses that require easy access to suppliers and customers.
Office Spaces: From Downtown Detroit to Suburban Areas
Michigan’s office market has been growing steadily in recent years, driven by both the revitalization of downtown Detroit and the demand for modern office spaces in suburban areas. The state’s large pool of highly educated workers and its business-friendly environment make it an attractive location for businesses of all sizes.
Retail Spaces: From Malls to Local Shops
Michigan’s retail sector offers a diverse range of investment opportunities, from large shopping malls to small, local shops. The state has a thriving tourism industry, particularly in the summer months, which drives demand for retail spaces in popular vacation destinations such as Traverse City and Mackinac Island. In addition, the state’s large population and growing economy provide a stable market for retail investors.
Multifamily Properties: High Demand for Rentals
Michigan’s rental market has been growing in recent years, driven by a combination of factors such as an increasing population and a strong job market. Multifamily properties, such as apartments and condominiums, are a popular investment opportunity in the state. Additionally, Michigan’s student population, particularly in college towns like Ann Arbor and East Lansing, provides a stable market for investors in student housing.
Healthcare Properties: Aging Population Driving Demand
Michigan’s aging population is driving demand for healthcare properties, such as medical office buildings and senior living facilities. The state’s large population of retirees and its growing healthcare industry make it an attractive location for investors looking to capitalize on this trend.
Michigan’s commercial real estate market offers a diverse range of investment opportunities for investors. From industrial spaces to healthcare properties, the state has a wide range of property types to choose from. Additionally, Michigan’s business-friendly environment and growing economy make it an attractive location for businesses of all sizes. With careful due diligence and strategic investments, investors can maximize their returns in Michigan’s commercial real estate market.
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