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Medical Office Suite with Parking
For Lease
$1,255/Mo

16991 Farmington Rd, Livonia, MI 48154

Professional office space with convenient freeway access and ample parking in Livonia.

Space Size837 SF
Days on Market164

Property Features for 16991 Farmington Rd

General Information

Standard status Active
Size 837 SF
Net Rentable 837 SF

Space & Availability

Available Space 837 SF
Space Use Medical Office

Additional Details

Highway Access Yes

Building Details

Year Built 1965
Listing Agency: RE/MAX Team 2000
Listed By: Yousef Beydoun · License #6501463438
Source: Metrodetroithomeguide
Added: Mar 19 Changed: Aug 28 Last Checked: Aug 28 at 12:19PM

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 RE/MAX Team 2000

Investment Insights

Based on property information with market context.

This medical and professional office property offers 837 SF suites, with 5 units available for lease. The building dates to 1965 and is suited to office users seeking a focused space for their operations.

Located at 16991 Farmington Rd in Livonia, MI 48154, the property provides ample parking and easy freeway access. Its central Livonia setting supports convenient arrival for staff, patients, clients, and visitors.

Key Highlights

  • 837 SF medical/professional suites
  • 5 units available
  • Ample parking on site

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Restaurant Hair Salon Auto Repair Shop Big Box & Wholesale Store Kitchen & Bath Showroom

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

347
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48154, MI

37,864
Population
15,330
Households
2.5
Avg Household Size
47
Median Age
44%
College-Educated
95%
High-School Grad
11.6 sq mi
ZIP Area
3,264
Density / Sq Mi
$103,763
Median Household Income
$59,017
Median Earnings
$1,197
Median Rent
$285,800
Median Home Value

Market

Lease Benchmarks for Livonia, MI

$16.86 /SF/Yr
Avg Asking Price
$7.95–$20 /SF/Yr
Price Range
6,315 SF
Avg Space Size

This space is priced 7% above the average of $16.86 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Professional office space with convenient freeway access and ample parking in Livonia.
Where is this medical office space located?
The property is located at 16991 Farmington Rd Livonia, MI.
What is the lease rate?
The lease rate is $1,255/Mo.
What are key features of this property?
This property features: 837 SF medical/professional suites; 5 units available; Ample parking on site
More about this property
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