15130-15146 Levan R Livonia, MI 48154
- Office Properties & Spaces
- 24,678 SF
- 3.75 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 15130-15146 Levan R
- Year built
- 1998
- Lot size
- 3.75 lot acres
- Property size
- 24,678 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
This exceptional 24,678-square-foot medical office building, situated on a 3.745-acre lot in Livonia, Michigan, presents a compelling investment opportunity. Built in 1998, the single-story Class C building features a modern design and is ideally located directly across from Trinity Health/St. Mary Mercy Hospital, a major regional medical center. The property boasts 120 parking spaces and 568 feet of frontage on Levan Road. Currently housing eight medical tenants and two vacant units, this income-producing property offers significant upside potential through lease-up and renewals. The vacant space presents an opportunity for a user-investor seeking a location among established medical practices and in close proximity to a large hospital. The building includes a 5,000-square-foot basement serviced by an elevator. The property is zoned C1 - Local Business and has a Wayne County APN of 46-077-99-0014-000. Offered at $3,400,000 ($145.88/sq ft), this property is priced significantly below replacement cost. This is a rare opportunity to acquire a cash-flowing asset with substantial growth potential in a highly desirable medical corridor.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Livonia
- County
- Wayne
- State
- Michigan
- Longitude
- -83.4021
- Latitude
- 42.3939
