18400 Livernois St Detroit, MI 48221
- Retail properties
- 16,080 SF
Current Use by Public Records
- Retail properties
Property Details for 18400 Livernois St
- Year built
- 1996
- Property size
- 16,080 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This single-story, 16,080-square-foot medical office building in Detroit's University District offers a unique investment opportunity. Located at 18400 Livernois, near 7 Mile Rd, this Class B property boasts 6 suites, with 6,480 square feet currently vacant, divisible down to 808 square feet. Built in 1996 and extensively renovated in 2024, the building features updated building systems, infrastructure, and signage. A new parking lot is planned for completion in 2024, adding to the existing 66 spaces. The property sits on a 1.11-acre lot and is zoned B2. Its prime location in the University District, south of the Avenue of Fashion and anchored by a multinational healthcare company, provides excellent visibility and access to a thriving community. The area offers numerous amenities, including parks, cultural attractions, and educational institutions. This is an ideal location for health and medical service providers seeking to establish or expand their practice in a vibrant and convenient setting. The Wayne County property (APN: 02-00436-786) presents a chance to secure a prominent position in a rapidly developing area of Detroit. The building offers the potential for a single tenant to occupy up to 6,480 contiguous square feet.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.141
- Latitude
- 42.4272
