8300 Livernois Avenue Detroit, MI 48204
Well-maintained commercial building with drive-thru service, large parking lot, and extra land included.
- Added:
- Oct 22, 2025
- Days on Market:
- 264
- Last Refresh:
- Jul 12 at 1:55 am
Property Features for 8300 Livernois Avenue
General Information
- Standard status
- Active
- Size
- 1,200 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1933
Listing office Keller Williams Home (248) 275-7291
Listing date Oct 22, 2025
Source Homesforsaleinmich
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Investment Insights
Based on property information with market context.
The building was formerly used as a restaurant and is currently used as an office, making it a versatile option for a restaurant, office, or other retail business. For-sale positioning supports use as an owner-user or investor property, with visibility identified in the remarks as a key advantage.
With its drive-thru layout and on-site parking plus additional land, the space is designed to accommodate a range of storefront and service-oriented uses, subject to applicable approvals.
Key Highlights
- Well‑maintained commercial building built in 1933
- 1,200 sq. ft. building previously operated as a restaurant and currently used as an office
- Drive‑thru service included
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $22.3k | $18.60 |
| − Vacancy | −$1.2k | −$1.00 |
| EGI | $21.1k | $17.60 |
| − OpEx | −$5.3k | −$4.40 |
| NOI | $15.8k | $13.20 |
