Retail Space at Busy
For Lease
$2,000/Mo
29225 7 Mile Road, Livonia, MI 48152
2200 sq ft retail space for lease in Livonia.
Property Size2,200 SF
Lot Size0.33 Acres
Days on Market131
Property Features for 29225 7 Mile Road
General Information
Standard status
Active
Size
2,200 SF
Lot size
0.33 Acres
Property subtype
Commercial
Building Details
Year Built
1945
Listing Agency:
RE/MAX Dream Properties
(734) 516-8597
Listed By:
Kim M Millen
(734) 516-8597
Source:
Elliman
Added: Mar 24
Changed: Jul 10
Last Checked: Jul 31 at 12:32PM
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 Dream Properties
Investment Insights
Based on property information with market context.
This 2200 sq ft retail space is available for lease at a busy intersection in Livonia, offering great visibility and exposure. The property features a large open area of 1400 sq ft, a 200 sq ft office, a 500 sq ft back area, and a 150 sq ft kitchenette/lunch area, along with two private restrooms. The layout provides ample outlets, storage, and space. Parking is available behind the building. Cable and alarm service are available, with the alarm service incurring an additional fee. Good signage and lighting enhance the property's appeal. The adjacent unit, currently occupied by Livonia Travel, is also available for lease, potentially offering a combined total of 2900 sq ft. The lease is triple net, with monthly terms of $245.34, subject to Landlord and Tenant Approval. A long-term tenant with a minimum two-year lease is preferred. The tenant is responsible for electric, gas, and a portion of the water bill. Interested parties must submit full credit reports from Experian, Transunion, and Equifax, along with the past two months' pay stubs and a copy of their driver's license. The landlord reserves the right to request additional information. Daycares and schools are not being considered at this time.
Key Highlights
- High‑visibility location at a busy Livonia intersection.
- Approximately 2200 sq ft of adaptable space suitable for various business needs.
- Functional layout includes a large open area, office, back area, kitchenette, and two restrooms.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
157
Businesses Nearby
Explore this area
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
Market
Lease Benchmarks for Livonia, MI
$15.43 /SF/Yr
Avg Asking Price
$9.99–$25 /SF/Yr
Price Range
6,997 SF
Avg Space Size
This space is priced 29% below the average of $15.43 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - 2200 sq ft retail space for lease in Livonia.
Where is this retail space located?
The property is located at 29225 7 Mile Road Livonia, MI.
What is the lease rate?
The lease rate is $2,000 /Mo.
What are key features of this property?
This property features: High‑visibility location at a busy Livonia intersection.; Approximately 2200 sq ft of adaptable space suitable for various business needs.; Functional layout includes a large open area, office, back area, kitchenette, and two restrooms.
