Livonia Redevelopment Opportunity Near
29200 Vassar Street, Livonia, MI 48152
For Sale
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4.5-acre parcel in Livonia's C-4 zone, redevelopment opportunity.
Property Size120,000 SF
Lot Size4.48 Acres
Days on Market1518
Property Features for 29200 Vassar Street
General Information
Standard status
Size
Class
Total Parking Spaces
Lot size
Property subtype
Zoning
Building Details
Year Built
Year Renovated
Stories
Listing Agency:
NAI Farbman
Listed By:
Wendy Acho · License #MI 6501411463
(248) 563-0739
Source:
Crexi
Added: Sep 14, 2022
Changed: Oct 25
Last Checked: Nov 8 at 7:02AM
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 NAI Farbman
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Investment Insights
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This almost 4.50-acre parcel presents a redevelopment opportunity in the heart of Livonia's C-4 zoning district. The site is located directly across from the redeveloped Livonia Mall/marketplace, which is anchored by a Walmart Super Center, Sears Appliance Repair, Kohl’s, LA Fitness, Planet Fitness, Petco, and Cantoro Italian Market & Trattoria. Permitted uses include mixed-use multi-family, senior housing, and health care. The City of Livonia is dedicated to assisting in this site’s redevelopment with Brownfield tax incentives and other tax incentives. The existing building is a recast concrete structure built for the U.S. Government that may be structurally sound. Nearly the whole building has been gutted to the steel and concrete, making it ready for repurposing. The 4.48-acre parcel was permit-ready and completed the entitlement process for a site plan approved for a senior living apartment and condominium project, date stamped 9/20/2017. Full engineering is available upon request.
Key Highlights
- Prime location directly across from the redeveloped Livonia Mall/Marketplace anchored by Walmart Super Center, Sears Appliance Repair, Kohl’s, La Fitness, Planet Fitness, Petco, and Cantoro Italian Market & Trattoria.
- 4.50‑acre parcel in the heart of Livonia's C‑4 zoning, permitting mixed‑use multi‑family, senior housing, and health care developments.
- Brownfield and other tax incentives available through the City of Livonia to assist in redevelopment.
Property Analytics
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Location Intelligence
Trade Area within ½ mile
497
Businesses Nearby
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Business Placement
Demographics for 48152, MI
31,098
Population
12,922
Households
2.4
Avg Household Size
47
Median Age
41%
College-Educated
95%
High-School Grad
12.0 sq mi
ZIP Area
2,592
Density / Sq Mi
$89,019
Median Household Income
$50,614
Median Earnings
$1,293
Median Rent
$284,300
Median Home Value
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Market
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Frequently Asked Questions
What type of property is this?
Commercial land - 4.5-acre parcel in Livonia's C-4 zone, redevelopment opportunity.
Where is this commercial land located?
The property is located at 29200 Vassar Street Livonia, MI.
What are key features of this property?
This property features: Prime location directly across from the redeveloped Livonia Mall/Marketplace anchored by Walmart Super Center, Sears Appliance Repair, Kohl’s, La Fitness, Planet Fitness, Petco, and Cantoro Italian Market & Trattoria.; 4.50‑acre parcel in the heart of Livonia's C‑4 zoning, permitting mixed‑use multi‑family, senior housing, and health care developments.; Brownfield and other tax incentives available through the City of Livonia to assist in redevelopment.
