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Property profile & analytics
OFF-MARKET
Industrial properties

37653 5 Mile Rd Livonia, MI 48154

1,200 SF Built 1919
Property ID
Property summary
AI-generated overview

This exceptional 1,200 square foot industrial property located at 37653 Five Mile, Livonia, MI, presents a unique investment opportunity. Currently operating as a successful flower shop, this business boasts a strong local reputation and a loyal customer base, ensuring a steady stream of revenue. The property is situated within a vibrant plaza, benefiting from the synergistic effect of neighboring businesses and increased foot traffic. This prime location offers excellent visibility and accessibility, making it an ideal spot for continued growth and expansion. The sale includes the established business, its existing inventory, and all associated fixtures and equipment. The turnkey nature of this offering minimizes the start-up costs and allows for immediate revenue generation. This is an unparalleled chance to acquire a profitable, established business with significant upside potential. The property itself is a 1,200 square foot industrial space, offering ample room for operations and storage. The existing infrastructure is well-maintained and ready for immediate use. This is a rare opportunity to combine the stability of an established business with the potential for significant future growth. The asking price for this thriving flower shop and its associated property is $59,900. Don't miss this chance to own a piece of Livonia's thriving business community.

Property profile
Verified
Property type Industrial properties
Year built 1919
Total area 1,200 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Visual Arts Association of Livonia Theater & Performing Art Venue
  • LUXURY FLORIST (Bike/Boat/Book/etc) Store Florist
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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