Property summary
This exceptional 3,947 square foot freestanding retail building presents a compelling investment opportunity for owner-users in Detroit, Michigan. Located at 17575 Livernois Avenue, zip code 48221, this property boasts a highly visible position within a vibrant and active neighborhood. Constructed in 1946, the single-story building sits on a 0.39-acre lot and is zoned B2, offering flexibility for a variety of retail uses. Its prime location near multiple schools ensures a consistent flow of foot traffic and access to a diverse customer base of families and students. The building's substantial size provides ample space for a wide range of retail businesses seeking to establish a strong presence in this thriving Detroit community. The asking price is $499,000. This is an owner/user investment opportunity. The property's high-traffic location and strong demographics make it an ideal choice for businesses seeking to capitalize on the area's growth and potential. The building's single-story design offers convenient accessibility and efficient use of space. This is a rare opportunity to acquire a well-situated, substantial retail space in a desirable Detroit neighborhood.
Property profile
VerifiedCap rate & NOI
Current use
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Hotel & Motel Resort
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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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