Property summary
This exceptional freestanding retail or restaurant property, located at 18955 Livernois Avenue in Detroit, Michigan, presents a unique investment opportunity. The building, situated on a 0.69-acre lot, boasts a total of 2,000 square feet, with 1,440 square feet currently available for lease. Constructed in 1954 and extensively renovated in 2023, the property is in excellent condition. The single-story building features 220 Amps and 440 Volts of power, making it suitable for a variety of uses. The zoning is B2, and the Wayne County APN is 16017584-5. The property's convenient location on Livernois Avenue, near the intersection with 7 Mile Road, places it within the Detroit W of Woodward submarket, offering high visibility and accessibility. The recent 2023 renovation included a build-out suitable for a carry-out restaurant, showcasing its adaptability. This is a rare opportunity to acquire a well-maintained, versatile commercial space in a thriving Detroit neighborhood. The property's size and location make it ideal for a variety of retail or restaurant concepts. The ample lot size offers potential for future expansion or outdoor seating. Don't miss this chance to secure a prime commercial property in a rapidly developing area.
Property profile
VerifiedCap rate & NOI
Current use
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Clothing Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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