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Freestanding Retail/Office Building
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31281 Schoolcraft, Livonia, MI 48150

Freestanding 2,000 SF building with its own parking and visibility off I-96, suitable for retail, office, or service use.

Property Size2,000 SF
Days on Market1258

Property Features for 31281 Schoolcraft

General Information

Standard status Active
Size 2,000 SF
Net Rentable 2,000 SF
Property subtype RETAIL
Lease Type SF/yr

Space & Availability

Available Space 2,000 SF
Contiguous Space 2,000 SF
Space Use Retail

Additional Details

Highway Access Yes

Building Details

Building Size 2,000 SF
Tenancy Single
Listing Agency: Gerdom Realty & Investment
Listed By: Michael Murphy · License #6501389134
Source: Moodyscre
Added: Feb 20, 2023 Changed: Jul 29 Last Checked: Jul 31 at 10:36AM

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 Gerdom Realty & Investment

Investment Insights

Based on property information with market context.

This freestanding building offers approximately 2,000 square feet of space and is available for lease. The property includes its own parking and is positioned for visibility right off I-96. The building is presented as suitable for retail, office, or service use.

The surrounding area includes dense residential to the north and a heavy business and industrial presence to the south, supporting both daytime and evening activity.

With dedicated parking and direct highway visibility, the space is designed to serve customers and clients arriving from the I-96 corridor.

Key Highlights

  • Freestanding 2,000 SF building available for lease
  • Own parking included
  • Visibility and access right off I‑96

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Restaurant Hair Salon Spa & Massage Center Hotel & Motel Parking Lot & Garage

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

Lease Details

Single-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

559
Businesses Nearby

Demographics for 48150, MI

26,573
Population
10,724
Households
2.5
Avg Household Size
42
Median Age
36%
College-Educated
96%
High-School Grad
12.1 sq mi
ZIP Area
2,196
Density / Sq Mi
$94,058
Median Household Income
$50,779
Median Earnings
$1,328
Median Rent
$228,600
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 30% above the average of $15.43 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Freestanding 2,000 SF building with its own parking and visibility off I-96, suitable for retail, office, or service use.
Where is this retail space located?
The property is located at 31281 Schoolcraft Livonia, MI.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Freestanding 2,000 SF building available for lease; Own parking included; Visibility and access right off I‑96
(248) 520-0524 Call to check price and availability
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