27695 Grand Riv Ave Livonia, MI 48152
This exceptional Livonia retail property offers 3,741 square feet of vacant space, ideally suited for QSR, restaurant, or storefront uses. Located on Grand River Avenue in Wayne County, Michigan, zip code 48152, this high-visibility location ensures maximum exposure to a substantial daily traffic volume. The property's spacious layout presents significant potential for expansion and growth, making it an attractive investment opportunity for retail investors or end-users seeking a prominent presence in a thriving commercial area. The asking price is $889,000. The property is currently vacant, providing a blank canvas for a new business venture. Its strategic location in Livonia, Michigan offers easy access to major roadways and a dense population base, promising strong customer traffic and business potential. This versatile space is ready for immediate occupancy and customization to meet the specific needs of a variety of retail concepts. The property's prime location and ample square footage make it a rare find in the competitive Livonia market.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.