11700 Livernois St Detroit, MI 48204
- Mixed-use properties
- 9,248 SF
- 0.11 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 11700 Livernois St
- Year built
- 1930
- Lot size
- 0.11 lot acres
- Property size
- 9,248 SF
- Property type
- Mixed-use properties
Description
This exceptional mixed-use property at 11700 Livernois in Detroit, Michigan, presents a unique redevelopment opportunity. The 9,248 square foot property sits on a 0.11-acre lot and includes four buildings, totaling six units. Built in 1930, the two-story structure features 100 parking spaces. Previously housing a bar and grill, a cleaner's, and a barbershop, the property offers versatile space for various businesses. The six apartments provide additional income potential. A spacious full basement offers further expansion possibilities, perhaps as office space. The property's prime location in a developing area near Nardin Park offers significant potential for growth and return on investment. The Wayne County address (APN W16I017411S) and 48204 zip code place it in a thriving community actively encouraging mixed-use developments. This vacant property, priced at $200,000 ($46/sq ft), represents a compelling investment opportunity for those seeking to capitalize on Detroit's revitalization. The property's size and diverse layout offer significant flexibility for a variety of uses and development plans. Don't miss this chance to shape the future of this vibrant Detroit location.
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
- -83.1386
- Latitude
- 42.3745
