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Livonia Redevelopment Opportunity Near Mall
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29200 Vassar Street, Livonia, MI 48152

4.5-acre parcel in Livonia's C-4 zone, redevelopment opportunity.

Property Size120,000 SF
Lot Size4.48 Acres
Days on Market1472

Property Features for 29200 Vassar Street

General Information

Standard status Active
Size 120,000 SF
Class C
Total Parking Spaces 422
Lot size 4.48 Acres
Property subtype Office
Zoning C-4

Building Details

Year Built 1972
Year Renovated 2013
Stories 8
Listing Agency: NAI Farbman
Listed By: Wendy Acho · License #MI 6501411463
Source: Crexi
Added: Sep 14, 2022 Changed: Sep 4 Last Checked: Sep 22 at 2:10PM

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 NAI Farbman

Investment Insights

Based on property information with market context.

This almost 4.50-acre parcel presents a redevelopment opportunity in the heart of Livonia's C-4 zoning district. The site is located directly across from the redeveloped Livonia Mall/marketplace, which is anchored by a Walmart Super Center, Sears Appliance Repair, Kohl’s, LA Fitness, Planet Fitness, Petco, and Cantoro Italian Market & Trattoria. Permitted uses include mixed-use multi-family, senior housing, and health care. The City of Livonia is dedicated to assisting in this site’s redevelopment with Brownfield tax incentives and other tax incentives. The existing building is a recast concrete structure built for the U.S. Government that may be structurally sound. Nearly the whole building has been gutted to the steel and concrete, making it ready for repurposing. The 4.48-acre parcel was permit-ready and completed the entitlement process for a site plan approved for a senior living apartment and condominium project, date stamped 9/20/2017. Full engineering is available upon request.

Key Highlights

  • Prime location directly across from the redeveloped Livonia Mall/Marketplace anchored by Walmart Super Center, Sears Appliance Repair, Kohl’s, La Fitness, Planet Fitness, Petco, and Cantoro Italian Market & Trattoria.
  • 4.50‑acre parcel in the heart of Livonia's C‑4 zoning, permitting mixed‑use multi‑family, senior housing, and health care developments.
  • Brownfield and other tax incentives available through the City of Livonia to assist in redevelopment.

Property Analytics

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Current Use

Walter H Czeizler ... Law Firm Bartos Hoffer Lustig ... Accounting Firm

Suggested Use

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

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

497
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Commercial land - 4.5-acre parcel in Livonia's C-4 zone, redevelopment opportunity.
Where is this commercial land located?
The property is located at 29200 Vassar Street Livonia, MI.
What are key features of this property?
This property features: Prime location directly across from the redeveloped Livonia Mall/Marketplace anchored by Walmart Super Center, Sears Appliance Repair, Kohl’s, La Fitness, Planet Fitness, Petco, and Cantoro Italian Market & Trattoria.; 4.50‑acre parcel in the heart of Livonia's C‑4 zoning, permitting mixed‑use multi‑family, senior housing, and health care developments.; Brownfield and other tax incentives available through the City of Livonia to assist in redevelopment.
(248) 563-0739 Call to check price and availability
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