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    Livonia, MI
    Drug Store

    Livonia, MI Drug Stores for Sale

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    Westland, MI Garden City, MI Redford, MI Dearborn Heights, MI Plymouth, MI Inkster, MI Farmington Hills, MI Farmington, MI
    Established Walgreens Location for Sale
    Updated: Mar 30
    Established Walgreens Location for Sale

    29200 Six Mile Rd, Livonia, MI 48152

    $1,986,500
    13,905 sqft 1.79 AC lot
    Established Walgreens Location: Operating successfully for 28 years.
    Prime Hard Corner Location: Signalized intersection with high traffic counts and excellent visibility.
    Attractive Low Rent: Current rent of $10 per square foot, offering rent stability.
    Strong Demographics: High average household income and large population in surrounding area.
    Excellent Accessibility: Four points of ingress and egress ensure smooth traffic flow.
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    This listing looks promising.

    Here's a quick look at some key insights for

    29200 Six Mile Rd, Livonia, MI, 48152

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    • Est. Cap Rate

      9.1%
      Above avg (5.9%)

    • Est. NOI

      $180K
      Annual

    • Mortgage

      $1.44M
      Feb 2021

    • Last Sold

      Feb 2021
      $2.06M

    • Property Type

      Retail Stores
      Built 1997
    View Property Analytics
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Livonia, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Single-Tenant Walgreens NNN
    Single-Tenant Walgreens NNN

    31415 FORD RD, Garden City, MI 48135

    $5,288,889
    14,560 sqft

    Absolute triple-net leased Walgreens has been in place since 2005 with multiple 5-year renewal options remaining.

    View details
    Medical Office Building with Pharmacy
    Medical Office Building with Pharmacy

    16841 Schaefer Hwy, Detroit, MI 48235

    $585,000

    Renovated medical building includes four exam rooms, physician and management offices, lab, X-ray room, and private parking.

    View details
    Bank and Pharmacy Center with Clinic
    Bank and Pharmacy Center with Clinic

    13403 W 7 Mile Road, Detroit, MI 48235

    $1,350,000

    Shopping center anchored by Bank of America and a leased pharmacy, plus a vacant built-out clinic suite.

    View details
    Former CVS Retail Building
    Former CVS Retail Building

    29347 Ann Arbor Trail, Westland, MI 48185

    Contact for pricing
    16,700 sqft

    Former CVS retail building with a newer roof, updated HVAC, and recently resurfaced parking lot.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Cleared Lot in Garrettsville Village
    Cleared Lot in Garrettsville Village

    10937 Fox Den Circle, Garrettsville, OH 44231

    $59,000
    0.25 AC lot

    Ready-to-build 0.25 acre lot with utilities in Garrettsville, OH.

    View details
    Commercial Land Near US-31
    Commercial Land Near US-31

    1257 E Sherman Boulevard, Norton Shores, MI 49444

    $185,000
    0.23 AC lot

    Commercial land with high visibility near medical facilities and retailers.

    View details
    Hart, MI Undeveloped Commercial Land
    Hart, MI Undeveloped Commercial Land

    3308 W Monroe Road lot: B - 23.56 Acres, Hart, MI 49420

    $300,000
    23.56 AC lot

    23.56 acres of commercially zoned land near expressway.

    View details
    Undeveloped Land in Weare Township
    Undeveloped Land in Weare Township

    3308 W Monroe Road lot: C - 25.74 Acres, Hart, MI 49420

    $360,000
    25.74 AC lot

    25.74 acres of commercially zoned land near expressway.

    View details

    Off-Market Properties in Livonia, MI

    Consider similar Off-Market properties in Livonia, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    8850 Newburgh Rd
    DRUG STORE, PHARMACY

    8850 Newburgh Rd, Livonia, MI 48150-3425

    $1,735,000
    Estimated value
    13,968 sqft 1.86 AC lot
    View details
    33239 8th Mile Rd
    DRUG STORE, PHARMACY

    33239 8th Mile Rd, Livonia, MI 48152-1332

    $1,840,000
    Estimated value
    14,820 sqft 1.75 AC lot
    View details

    Livonia, MI Drug Stores Market Trends and Statistics

    Explore 3 drug stores for sale in Livonia, MI on our real estate platform. These investment opportunities span a total of 13,905 square feet of properties for sale, with an estimated market value of $1,986,500.

    Sale prices for pharmacies in Livonia, MI start at $1,986,500, averaging $1,986,500, and reaching up to $1,986,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 20
    Shopping centers 18
    Auto shops 2
    Automotive properties 2
    Drug stores 1

    Demographics Overview

    Population 94K
    Population Growth (5Y) -0.2%
    Median Household Income $96,239
    College Educated 32.3%

    High-Yield Neighborhoods for Investment

    Identify Livonia submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48152 $2M

    Taxes & Financing

    Tax Rate (average for all types) 4.72%
    Property Tax per SF $67.48 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Wayne County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Livonia fall within the 100,000+ square foot range.

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