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    18400 Livernois St Detroit, MI 48221
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    Property profile & analytics

    18400 Livernois St, Detroit, MI 48221

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    • Retail properties & Spaces
    • 16,080 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 18400 Livernois St

    Year built
    1996
    Property type
    Retail properties & Spaces
    Property subtype
    Office 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 Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.141
    Latitude
    42.4272
    More about this property
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