16245 Livernois Detroit, MI 48221
Retail property with drive-thru, high visibility, and redevelopment potential.
Type:Retail
Property size:
1,766 SFLot size:
0.28 Acres- Added:
- Nov 10, 2023
- Days on Market:
- 893
- Last Refresh:
- Mar 17 at 1:25 pm
Property Features for 16245 Livernois
General Information
- Standard status
- Active
- Size
- 1,766 SF
- Lot size
- 0.28 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1996
Listing agent Michael Carter License #MI 6501369793
Listing office SRS Real Estate Partners Newport Beach
Listing date Nov 10, 2023
Source Crexi
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 SRS Real Estate Partners Newport Beach
Overview
Detroit Retail Opportunity with Drive-Thru
This property, constructed in 1996, offers a lease-up or redevelopment opportunity. Zoned B-4 – General Business District, it allows for a variety of commercial uses. The 1,766 square foot building is situated on 0.28 acres and includes a drive-thru. The property is located on Livernois Avenue, providing visibility and access to approximately 23,800 vehicles per day. It also benefits from direct access to State Highway 10 (162,000 VPD) and State Highway 8 (98,500 VPD). The surrounding area includes McDonald’s, ALDI, Church’s Texas Chicken, CVS Pharmacy, Family Dollar, Detroit Sip, and O’Reilly Auto Parts. The property is located in front of University of Detroit Mercy, which has over 5,200 students, 210 faculty members, and 100 academic degrees and programs. The location is near single-family communities and multi-family complexes, providing a residential consumer base. The trade area is supported by over 414,000 residents and 124,500 employees, with an average annual household income of $62,954.
Location Intelligence
Current Use by Public Records
Burger King
Restaurant
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.1409609
- Latitude
- 42.4119034
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Retail property with drive-thru, high visibility, and redevelopment potential.
Where is this retail space located?
The property is located at 16245 Livernois Detroit, MI.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: High‑traffic location with excellent visibility: 23,800 VPD on Livernois Avenue and direct access to State Highway 10 (162,000 VPD) and State Highway 8 (98,500 VPD).; Located in a highly desirable retail area near national/regional tenants like McDonald’s, ALDI, and CVS.; Direct access to a large residential consumer base.
