Listing Agency: Stokas Bieri Real Estate Show Phone

Listed By: Alex Bieri · License #MI 6506046740

Source: Crexi

Added: Mar 24 Changed: Aug 19 Last Checked: Aug 19 at 8:32PM

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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

Property Profile

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 Restaurant Big Box & Wholesale Store 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

Explore this area Business Placement

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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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.**