11700 Livernois St Detroit, MI 48204
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.