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    26999 W 8 Mile Rd Livonia, MI 48240

    For Sale
    $340,000

    Former restaurant with high traffic and ample parking.

    Lot size:
    0.24 Acres

    Property Features for 26999 W 8 Mile Rd

    General Information

    Lot size
    0.24 Acres

    Building Details

    Year built
    1976

    Source: First Harvest Real Estate Co Agent Michael Lawrence

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

    Overview

    Former Restaurant with Ample Parking

    This property, formerly a restaurant, features newly tiled bathrooms and updated electrical systems. It offers ample parking and high traffic counts, suggesting great potential for various business uses. The property requires some rehabilitation and updates. All reasonable offers are considered.
    Location Intelligence

    Current Use by Public Records

    Restaurants

    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.

    Similar Places Nearby

    Black Bottom Kitchen

    Location Insight

    • Map
    • Local Demand
    City
    Livonia
    County
    Wayne
    State
    Michigan
    Longitude
    -83.317443
    Latitude
    42.441795

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    FAQs

    What type of property is this?
    Restaurant - Former restaurant with high traffic and ample parking.
    Where is this restaurant located?
    The property is located at 26999 W 8 Mile Rd Livonia, MI.
    What is the asking price?
    The asking price for this property is $340,000.
    What are key features of this property?
    This property features: - High traffic counts offer excellent visibility.; - Ample parking for customers and staff.; - Updated electrical system in place.
    (313) 538-4200
    Request Owner's contact information
    26999 W 8 Mile Rd Livonia, MI 48240
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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
    26999 W 8 Mile Rd Livonia, MI 48240
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