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    18955 Livernois St Detroit, MI 48221
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    Property profile & analytics

    18955 Livernois St, Detroit, MI 48221

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    • Retail properties & Spaces
    • 2,000 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • HOOPER'S PLACE / Clothing Store

    Property Details for 18955 Livernois St

    Year built
    1954
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1417
    Latitude
    42.4303
    More about this property
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