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    OFF-MARKET
    Retail properties & Spaces

    18685 Livernois St, Detroit, MI 48221

    1,420 SF Built 1948
    Property ID
    Property summary
    AI-generated overview

    This 1,420 square foot, single-story retail building is located at 18685 Livernois Avenue in Detroit, Michigan, within the B2 zoning district. Built in 1948 and completely renovated in 2018, the property boasts updated plumbing, HVAC, electrical systems, roof, doors and windows, and bathrooms. Previously occupied by Biggby Coffee and more recently the Waffle House Cafe Detroit, this vacant space presents a unique opportunity for a QSR/fast food establishment, restaurant, or storefront business. The property features enhanced security measures including interior and exterior surveillance cameras and a security system. Its prime location on Livernois Avenue, known as the Avenue of Fashion, benefits from the area's thriving retail scene and ongoing development, including numerous restaurants and mixed-use projects. The property's convenient location near major expressways (Lodge, I-96, and I-75) and key Detroit landmarks such as Palmer Park Golf Course, Midtown, and Downtown Detroit, makes it highly accessible. The asking price is $300,000. The property is vacant and offers immediate occupancy.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1948
    Total area 1,420 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Lana's Bake Shop Bakery Specialty Food Shop
    • Waffle Cafe Detroit Cafe & Coffee Shop
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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