Drug Store

Livonia, MI Drug Stores for Sale

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Wayne, MI Westland, MI Garden City, MI Redford, MI Garden, MI Dearborn Heights, MI Plymouth, MI Inkster, 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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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 7 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

Opportunities in Nearby Cities

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

Corner Drug Store Property
Corner Drug Store Property

11538 E 7 Mile Rd, Detroit, MI 48234

$250,000
2,960 sqft

Renovated retail property with newer AC units and steel wall upgrades.

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Drug Store Property with Clinic Suite
Drug Store Property with Clinic Suite

13403 W 7 Mile Road, Detroit, MI 48235

$1,350,000

Retail property combines established bank and pharmacy occupancy with a fully built-out clinic suite.

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Freestanding Drug Store with Drive-Through
Freestanding Drug Store with Drive-Through

5014 Clio Rd, Flint, MI 48504

Contact for pricing
11,100 sqft

D-3-zoned retail building positioned at the Clio Road and Pierson Road intersection in Flint.

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Dollar Tree Drugstore
Dollar Tree Drugstore

3753 S Dort Hwy, Flint, MI 48507

Contact for pricing

Freestanding retail property with a 2023 prototype retrofit and Double Net lease structure.

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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

Estimated value:
$540,000
13,968 sqft 1.86 AC lot
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33239 8th Mile Rd
DRUG STORE, PHARMACY

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

Estimated value:
$1,420,000
14,820 sqft 1.75 AC lot
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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 average $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

Shopping centers 23
Storefront properties 19
Automotive properties 3
Grocery and convenience stores 3
Auto shops 2

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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