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Freestanding Retail Building on Middlebelt

15282 Middlebelt Rd, Livonia, MI 48154

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For Sale

$399,000

3,000 SF commercial building with prime frontage and open layout.

Type:Commercial

Property size:

3,000 SF

Price / SF:

$133/SF

HighLights

Prime Middlebelt Rd frontage in Livonia offers excellent visibility and accessibility
Freestanding 3,000 sq ft building provides ample space and independence
Fully cleared interior is ready for build‑out, allowing customization for various uses
Ample parking available for customers and employees
Solid structure ensures durability and long‑term value
Immediate occupancy allows for quick business setup and operation

We can help!

Listing Contact

Fadi Jarrous

Learn more

For Sale

$399,000

3,000 SF commercial building with prime frontage and open layout.

Type:Commercial

Property size:

3,000 SF

Price / SF:

$133/SF

Added:: Apr 24, 2026
Days on Market:: 49
Last Refresh:: Apr 24 at 5:51 pm

Property Features for 15282 Middlebelt Rd

General Information

Standard status: Active
Size: 3,000 SF
Property subtype: Commercial

Building Details

Year Built: 1961

We can help!

Listing Contact

Fadi Jarrous

Listing agent Fadi Jarrous

Listing office

Listing date Apr 24, 2026

Source Elliman

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

All listing content including descriptions, pricing, images are the copyrighted material of Fadi Jarrous

HighLights

Prime Middlebelt Rd frontage in Livonia offers excellent visibility and accessibility
Freestanding 3,000 sq ft building provides ample space and independence
Fully cleared interior is ready for build‑out, allowing customization for various uses
Ample parking available for customers and employees
Solid structure ensures durability and long‑term value
Immediate occupancy allows for quick business setup and operation

Overview

This is a freestanding 3,000 square foot commercial building located on Middlebelt Road in Livonia. Previously used as a bakery, the interior is wide-open and fully cleared out, making it ready for build-out to suit a variety of uses. The structure offers great visibility, ample parking, and flexible layout options. It is ideal for retail or specialty use. Immediate occupancy is available. The location has a walk score of 51, indicating it is somewhat walkable, and a bike score of 45, indicating it is somewhat bikeable.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$43.2k	$14.40
− Vacancy	−$2.6k	−$0.86
EGI	$40.6k	$13.54
− OpEx	−$12.2k	−$4.06
NOI	$28.4k	$9.48

3,000 SF · lease $14.40/SF/yr · vacancy 6.00% · expense 30.00%

Alternative Uses

Best Use

Retail

$406.1K

$355.3K – $473.8K (±1% cap)

NOI $28,426 @ 7.0% cap · market cap 7.12%

Second Best

—

no second resolved use

Theoretical Best

Specialty Retail

$555.4K

$486.0K – $648.0K (±1% cap)

NOI $38,880 @ 7.0% cap · market cap 9.74%

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

Location Intelligence

Current Use by Public Records

West Fenkell Bakery Bakery

Suggested Use

Similar Places Nearby

Thrifty Florist — 29410 Five Mile Rd, Livonia, MI 48154

Location Insight

Map
Local Demand

City: Livonia
County: Wayne
State: Michigan
Longitude: -83.3340436
Latitude: 42.3975965

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For sale
Storefront properties
MI
Livonia
48154
15282 Middlebelt Rd

What type of property is this?

Storefront property - 3,000 SF commercial building with prime frontage and open layout.

Where is this storefront property located?

The property is located at 15282 Middlebelt Rd Livonia, MI.

What is the asking price?

The asking price for this property is $399,000.

What are key features of this property?

This property features: Prime Middlebelt Rd frontage in Livonia offers excellent visibility and accessibility; Freestanding 3,000 sq ft building provides ample space and independence; Fully cleared interior is ready for build‑out, allowing customization for various uses