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    16817 Livernois Ave Detroit, MI 48221

    Sponsored
    For Sale
    $54,400

    Business And Real Estate - Detroit, MI

    Property size:
    3,230 SF
    Lot size:
    0.16 Acres
    Days on Market:
    147
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 16817 Livernois Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    160177745
    Size
    3,230 SF
    Lot size
    0.16 Acres

    Building Details

    Year built
    2003
    Floors in Building
    1
    Building materials
    Brick
    Architectural style
    Other

    Golden Key Realty Group LLC (734) 623-3132 [email protected]

    Listing agent Nathaniel Korkis (248) 422-6962

    Listing date Aug 12, 2025

    MLS# 20251020183 Listing URL

    Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Smoke Shop Opportunity

    This is a rare opportunity to take over a fully equipped smoke shop in a prime location directly across the street from the University of Detroit Mercy. The business is currently non-operational, making it the perfect opportunity for a new owner. In addition to the smoke shop setup, the business includes a beer and wine license and lottery, offering multiple income streams. The property is zoned commercial and has a lot size of 0.16 acres. The property size is 3230 square feet. The rent is $1100 per month.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.140994
    Latitude
    42.415011

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    FAQs

    What type of property is this?
    Retail space - Smoke shop with beer, wine, and lottery license near university.
    Where is this retail space located?
    The property is located at 16817 Livernois Ave Detroit, MI.
    What is the asking price?
    The asking price for this property is $54,400.
    What are key features of this property?
    This property features: - Prime location directly across from the University of Detroit Mercy.; - Includes valuable beer and wine license.; - Lottery included for additional income stream.
    (586) 554-6107
    Request Owner's contact information
    16817 Livernois Ave Detroit, MI 48221
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16817 Livernois Ave Detroit, MI 48221
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