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Storefront Office Property
For Lease
$15 SF/Yr

15895 Livernois Ave, Detroit, MI 48204

B4-zoned commercial space with a prior office use and flexible use potential.

Space SizeContact for details
Property Size2,000 SF
Days on Market8

Property Features for 15895 Livernois Ave

General Information

Standard status Active
Size 2,000 SF
Property subtype Retail
Zoning B4

Building Details

Building Size 2,000 SF
Year Built 1944
Stories 1
Listing Agency: Signature Associates - Southfield
Listed By: Joe Stack
Source: Cpix.resimplifi
Added: Sep 16 Changed: Sep 19 Last Checked: Sep 22 at 1:16PM

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 Signature Associates - Southfield

Investment Insights

Based on property information with market context.

This storefront property contains 2,000 square feet and was built in 1944. The space previously operated as a tax services office and may accommodate a range of commercial uses. B4 zoning supports its commercial positioning along Livernois Ave in Detroit.

Key Highlights

  • 2,000 SF storefront property
  • Previously used as a tax services office
  • B4 zoning

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Restaurant Skin Care Clinic Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

447
Businesses Nearby
30k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 84% Dining 13% Electronics 4%
Exxon Shops & Services
7,377 visits/mo 0.2 miles
Citgo Shops & Services
5,242 visits/mo 0.1 miles
Marathon Petroleum Shops & Services
4,637 visits/mo 0.4 miles
BP Shops & Services
4,142 visits/mo 0.1 miles
BP Shops & Services
4,093 visits/mo 0.5 miles

Demographics for 48204, MI

21,738
Population
13,691
Households
1.6
Avg Household Size
37
Median Age
10%
College-Educated
83%
High-School Grad
5.0 sq mi
ZIP Area
4,348
Density / Sq Mi
$32,875
Median Household Income
$26,701
Median Earnings
$970
Median Rent
$53,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Detroit, MI

$20.5 /SF/Yr
Avg Asking Price
$5.35–$175 /SF/Yr
Price Range
5,677 SF
Avg Space Size

This space is priced 27% below the average of $20.5 /SF/Yr.

Vacancy Rate% for Retail in Detroit, MI

7.5% 2019
9.2% 2020
8.5% 2021
7.3% 2022
7.9% 2023
7% 2024
7% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - B4-zoned commercial space with a prior office use and flexible use potential.
Where is this storefront property located?
The property is located at 15895 Livernois Ave Detroit, MI.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 2,000 SF storefront property; Previously used as a tax services office; B4 zoning
More about this property
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