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Former Sears Retail Opportunity
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29500 7 Mile, Livonia, MI 48152

Former Sears retail space adjacent to Livonia Marketplace.

Property SizeContact for details
Days on Market222

Property Features for 29500 7 Mile

General Information

Standard status Active
Property subtype Retail
Listing Agency: Stokas Bieri Real Estate
Listed By: Alex Bieri · License #MI 6506046740
Source: Crexi
Added: Mar 24 Changed: Oct 25 Last Checked: Oct 30 at 11:41AM

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 Stokas Bieri Real Estate

Rey
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Investment Insights

Based on property information with market context.

This property is a former Sears retail space. It is located adjacent to the Livonia Marketplace, which is anchored by Walmart and Kohl’s. The location, at 7 Mile and Middlebelt, is also home to a Planet Fitness, Dollar Tree, CVS Pharmacy and Petco.

Key Highlights

  • Located adjacent to Livonia Marketplace.
  • Anchored by Walmart and Kohl’s.
  • High‑traffic location at 7 Mile and Middlebelt.**

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Official Driving School Training Center Dr. Voyles Eyecare ... Physician Asbahi Razan S ... Dental Office Sears Hair Studio Hair Salon Lisa Redilla Physician

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Restaurant Law Firm Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

458
Businesses Nearby
320k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 39% Shops & Services 24% Dining 20% Apparel 15%
Walmart Superstores
126,439 visits/mo 0.2 miles
Kohl's Apparel
43,258 visits/mo 0.3 miles
Dollar Tree Shops & Services
25,435 visits/mo 0.3 miles
Burger King Dining
12,801 visits/mo 0.1 miles
Pet Supplies Plus Shops & Services
9,601 visits/mo 0.1 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Former Sears retail space adjacent to Livonia Marketplace.
Where is this retail space located?
The property is located at 29500 7 Mile Livonia, MI.
What are key features of this property?
This property features: Located adjacent to Livonia Marketplace.; Anchored by Walmart and Kohl’s.; High‑traffic location at 7 Mile and Middlebelt.**
(313) 552-4002 · Office Call to check price and availability
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