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    4805 Livernois St Detroit, MI 48210

    Sponsored
    For Lease
    $27 SF/Yr

    Detroit Office/Retail Suites Available

    Lot size:
    11,832 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 11,832 square foot commercial property, located at 4805 Livernois Avenue in Detroit, Michigan, presents a unique investment opportunity. The building, a single-story Class A structure built in 1892 and extensively renovated in 2024, offers multiple tenancy options. Two available units, ranging from 800 to 1,000 contiguous square feet, feature 12-foot ceilings, brand-new tile flooring, fresh paint, and updated fixtures. The property boasts a highly visible corner location with large windows, maximizing natural light and street exposure. Situated conveniently off I-94, this versatile space is zoned for Commercial, Office, and Retail uses, making it ideal for a variety of businesses, including medical offices, retail stores, restaurants, or professional services. The 0.3-acre lot includes 15 parking spaces. The building is equipped with 120v power, but lacks elevators. This prime location in Wayne County, zip code 48210, offers exceptional potential for growth in a high-traffic area. Minimum divisible space is 800 square feet.

    Property Features for 4805 Livernois St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,832 SF
    Class
    A
    Total Rate
    26622

    Building Details

    Year Built/Renovated
    1892/2024
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Unit 3
    Size
    800 SF
    Rate per SF
    $27
    Space
    Unit 1
    Size
    1,000 SF
    Rate per SF
    $27

    HighLights

    • 11,832 SF Class A commercial building on a 0.3‑acre lot in Detroit, MI.
    • Two available units, 800‑1,000 SF each, with 12‑foot ceilings, new tile, and updated fixtures.
    • Highly visible corner location on Livernois Ave., near I‑94, with 15 parking spaces.
    • Zoned for Commercial, Office, and Retail uses.
    • Renovated in 2024.
    Property Profile Location Intelligence

    Current Use by Public Records

    Montana Capital Car ... Loan Agency Detroit Sound Station Car Stereo Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.12330701
    Latitude
    42.33506783

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    FAQs

    What type of property is this?
    Restaurant - Detroit Office/Retail Suites Available
    Where is this restaurant located?
    The property is located at 4805 Livernois St Detroit, MI.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: 11,832 SF Class A commercial building on a 0.3-acre lot in Detroit, MI.; Two available units, 800-1,000 SF each, with 12-foot ceilings, new tile, and updated fixtures.; Highly visible corner location on Livernois Ave., near I-94, with 15 parking spaces.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4805 Livernois St Detroit, MI 48210
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