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    Property profile & analytics

    8867 Livernois St Detroit, MI 48204

    • Retail properties
    • 2,675 SF
    For Sale
    View listing
    $1,200,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Soul on Ice Detroit Drinking Den / Bar
    • Varsity Lounge / Pub / Lounge

    Property Details for 8867 Livernois St

    Property size
    2,675 SF
    Property type
    Retail properties
    Property subtype
    Restaurants

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1387
    Latitude
    42.3604

    Comparable in this City

    • Value Estimation by Request
      2,601 SF

      8050 Livernois Ave

      BAR, TAVERN • 2,601 SF
      8050 Livernois Ave, Detroit, MI 48204-3514
      View Details
    • Value Estimation by Request
      4,182 SF

      11715 Livernois Ave

      BAR, TAVERN • 4,182 SF
      11715 Livernois Ave, Detroit, MI 48204-1355
      View Details
    • Value Estimation by Request
      9,248 SF

      11700 Livernois Ave

      BAR, TAVERN • 9,248 SF
      11700 Livernois Ave, Detroit, MI 48204-1356
      View Details
    • Value Estimation by Request
      2,400 SF

      8867 Livernois Ave

      BAR, TAVERN • 2,400 SF
      8867 Livernois Ave, Detroit, MI 48204-2114
      View Details
    • Value Estimation
      $140,000
      2,004 SF

      9623 Grand Riv Ave

      BAR, TAVERN • 2,004 SF
      9623 Grand Riv Ave, Detroit, MI 48204-2139
      View Details
    • Value Estimation by Request
      1,200 SF

      7136 Chicago

      BAR, TAVERN • 1,200 SF
      7136 Chicago, Detroit, MI 48204-2813
      View Details

    Similar Nearby for Sale

    • $1,200,000
      2,675 SF

      Soul on Ice

      Restaurants • 2,675 SF
      8867 Livernois St, Detroit, MI 48204
      View Details
    • $299,000
      1,092 SF

      Grand River Ave Restaurant - Detroit

      Prime Detroit Restaurant, 1092 SF, $299K
      9137 Grand River Ave, Detroit, MI 48204
      View Details
    • $199,000
      1,580 SF

      Detroit Commercial Redevelopment Opportunity

      Commercial building and parking lot on Grand River Avenue.
      9104 Grand River Ave, Detroit, MI 48204
      View Details
    • $425,000
      5,482 SF

      Established Detroit Bar with Apartments

      Turnkey bar business with apartments and development potential in Detroit.
      8748 Tireman St, Detroit, MI 48204
      View Details
    • $500,000
      7,500 SF

      Detroit Collision Shop - Turnkey

      Thriving auto shop, high traffic area.
      7940 Tireman Ave, Detroit, MI 48204
      View Details
    • $159,999

      Detroit Convenience Store - Great Investment!

      Profitable business & building; prime location.
      8333 Chicago, Detroit, MI 48204
      View Details

    Similar Nearby for Lease

    • $2,700 /Mo
      3,200 SF

      Redford Retail Space Available

      Retail spaces for lease, one currently leased to a daycare.
      26554 Grand River Ave, Redford, MI 48204
      View Details
    • $1,600 /Mo
      5,235 SF

      Detroit Retail Space on Livernois

      Three retail spaces available for lease on Livernois Avenue.
      10231 Livernois Ave, Detroit, MI 48204
      View Details
    • $2,600 /Mo

      Renovated Building Ready For Businesses

      Newly renovated building suitable for various businesses.
      8817 Epworth St, Detroit, MI 48204
      View Details
    • $14 SF/Yr
      1,768 SF

      Retail Space Formerly a Salon

      Retail space available for rent, previously operated as a salon.
      19226-19240 Joy Rd, Detroit, MI 48204
      View Details
    • Contact for pricing

      Office Space Available For Rent

      Office space available for rent at 5943 Tireman Avenue.
      5943 Tireman Ave, Detroit, MI 48204
      View Details
    • $1,895,000
      68,216 SF

      Industrial Building with Electrical Fence

      Secured industrial building suitable for various uses.
      6120 Linsdale St, Detroit, MI 48204
      View Details
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    8867 Livernois St
    Detroit, MI 48204
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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
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