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    19031 Livernois Ave Detroit, MI 48221

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    For Lease
    $22 SF/Yr ($3,373 /Mo)

    Retail space in Detroit's historic shopping district, high visibility.

    Property size:
    1,840 SF
    Lot size:
    0.57 Acres

    Property Features for 19031 Livernois Ave

    General Information

    Size
    1,840 SF
    Lot size
    0.57 Acres

    Source: Encore Real Estate Investment Services Agent Marcel Pearl

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space on Avenue of Fashion

    This retail space is situated on the "Avenue Of Fashion", a historic shopping district within the city of Detroit. The site benefits from excellent visibility at a prominent intersection with approximately 35,000 vehicles per day. The surrounding area has a high population density, with 167,275 residents within a 3-mile radius. Livernois Avenue has received significant investment from the City Of Detroit and the State Of Michigan, including a recent streetscape program to improve roads and sidewalks. These improvements include expanded sidewalks to accommodate more space for businesses and pedestrians, as well as sidewalk-level bike lanes separated by landscaping. The area is home to the University of Detroit-Mercy, the oldest and largest Catholic university in Michigan. It is also located just minutes away from the Detroit Golf Club, a private 36-hole golf course founded in 1899, which annually hosts the Rocket Mortgage Classic, the first PGA TOUR event held in Detroit. The property offers 1840 square feet of retail space.
    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 Building Supply Clothing Store 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
    -83.141787
    Latitude
    42.432711

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    FAQs

    What type of property is this?
    Retail space - Retail space in Detroit's historic shopping district, high visibility.
    Where is this retail space located?
    The property is located at 19031 Livernois Ave Detroit, MI.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: - Located on the historic "Avenue Of Fashion" shopping district.; - High visibility at a major intersection with approximately 35,000 vehicles per day.; - High population density: 167,275 people within a 3-mile radius.
    (248) 702-0942
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    19031 Livernois Ave Detroit, MI 48221
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    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
    19031 Livernois Ave Detroit, MI 48221
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