Mixed-Use Redevelopment
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16921 Livernois, Detroit, MI 48221
Mixed-use redevelopment in Detroit's Live6 corridor, across from University.
Property Size20,000 SF
Price / SF$36.75
Days on Market155
Property Features for 16921 Livernois
General Information
Standard status
Active
Size
20,000 SF
Property subtype
Mixed Use
Zoning
B4
Investment Type
Redevelopment
Building Details
Year Built
1927
Buildings
1
Stories
2
Listing Agency:
Lino Realty Inc
(586) 260-6379
Listed By:
Michael Scamardella · License #6505205710
Source:
Crexi
Added: Mar 12
Changed: Aug 8
Last Checked: Aug 12 at 9:40AM
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 Lino Realty Inc
Investment Insights
Based on property information with market context.
Located at the intersection of Livernois Avenue and West McNichols Road in Detroit’s Live6 corridor, 16921 Livernois Avenue is a mixed-use redevelopment opportunity. The property features a vacant two-story building with approximately 20,000 square feet of space. It is situated directly across from the University of Detroit Mercy campus. Preliminary redevelopment plans for the site include approximately 8,500 square feet of ground floor retail space and 13 residential apartments on the second floor. The surrounding area has seen continued investment due to neighborhood density, university activity, and a mix of restaurants, retailers, and service businesses along Livernois Avenue. The property is located near the Avenue of Fashion district and major Northwest Detroit neighborhoods, including Bagley, University District, and Sherwood Forest. The corner location provides high visibility and strong pedestrian and vehicular traffic. This property is an opportunity for developers, investors, or owner users to participate in the growth of the Livernois commercial corridor.
Key Highlights
- Prime mixed‑use redevelopment opportunity in Detroit's Live6 corridor at the intersection of Livernois Avenue and West McNichols Road.
- Located directly across from the University of Detroit Mercy, ensuring consistent neighborhood activity.
- Preliminary redevelopment plans include approximately 8,500 sq ft of ground floor retail and 13 residential apartments.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
512
Businesses Nearby
Explore this area
Business Placement
Demographics for 48221, MI
38,204
Population
17,452
Households
2.2
Avg Household Size
38
Median Age
29%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
7,347
Density / Sq Mi
$55,583
Median Household Income
$37,019
Median Earnings
$1,174
Median Rent
$138,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use redevelopment in Detroit's Live6 corridor, across from University.
Where is this mixed-use property located?
The property is located at 16921 Livernois Detroit, MI.
What is the asking price?
The asking price for this property is $735,000.
What are key features of this property?
This property features: Prime mixed‑use redevelopment opportunity in Detroit's Live6 corridor at the intersection of Livernois Avenue and West McNichols Road.; Located directly across from the University of Detroit Mercy, ensuring consistent neighborhood activity.; Preliminary redevelopment plans include approximately 8,500 sq ft of ground floor retail and 13 residential apartments.
