20050 Livernois Detroit, MI 48221
Prime restaurant property on Detroit's Avenue of Fashion.
Type:Retail
Property size:
4,000 SF- Added:
- Oct 12, 2024
- Days on Market:
- 556
- Last Refresh:
- Mar 17 at 1:13 pm
Property Features for 20050 Livernois
General Information
- Standard status
- Active
- Size
- 4,000 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1959
Listing agent Kishon Harbert License #MI 6501402939
Listing office Encore Real Estate Investment Services
Listing date Oct 12, 2024
Source Crexi
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 Encore Real Estate Investment Services
Overview
Turnkey Restaurant Opportunity on Livernois
Located on the Avenue of Fashion, the property at 20050 Livernois offers 4,000 square feet of space, including an enclosed patio. The single-story building is ideally suited for a turnkey restaurant. The Avenue of Fashion, situated on Livernois between 7 Mile and 8 Mile, is known as one of the largest shopping districts of Black-owned businesses in the United States. The building features a mural that reads "Black Dollars Matter". The property, with its spacious dining area and patio, offers significant potential in an area known for its rich cultural scene and Black-owned businesses. The Avenue of Fashion has historic significance, featuring over 100 storefronts and attracting both locals and tourists.
Location Intelligence
Current Use by Public Records
Petty Cash
Restaurant
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.1414692
- Latitude
- 42.4410926
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - Prime restaurant property on Detroit's Avenue of Fashion.
Where is this conventional restaurant located?
The property is located at 20050 Livernois Detroit, MI.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Turnkey restaurant opportunity due to existing buildout.; Located on the Avenue of Fashion, a prominent shopping district for Black‑owned businesses.; Spacious 4,000 sq ft property (including enclosed patio).
