Property summary
This exceptional 13,504-square-foot retail building, located at 18135 Livernois in Detroit, Michigan, presents a compelling investment opportunity. The property, built in 1965, boasts a two-story structure situated on approximately 0.45 acres and is currently vacant. The building's zoning is B-2 Local Business Zoning District, offering considerable flexibility for a variety of commercial uses. With 165 feet of frontage on Livernois Avenue, the property benefits from high visibility and excellent traffic flow. Its strategic location near the University of Detroit Mercy, the University District neighborhood, and the Detroit Golf Club ensures a strong potential customer base. The asking price is $499,900, translating to $37.02 per square foot. Previously used as a dry cleaner, this building offers ample space for retail or storage purposes, making it an ideal canvas for a new business venture or a savvy real estate investment. The property consists of one unit within a single building. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store
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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