27695 Grand Riv Ave Livonia, MI 48152
This exceptional 3,741 square foot retail space is ideally situated at the southwest corner of 8 Mile Road and Grand River Avenue. Currently entirely vacant, this property presents a unique opportunity for a single tenant or multiple tenants seeking a high-visibility location. The space is categorized as both storefront and restaurant-suitable, offering versatility for a wide range of businesses. Its prime location benefits from significant foot traffic and high vehicular visibility due to its placement at a major intersection. The property's total square footage is 3,741 square feet, all of which is available for immediate occupancy. This presents a blank canvas for a business to customize the space to perfectly meet its operational needs. The adjacency to a Subway restaurant further enhances the property's appeal, providing potential for synergistic benefits and increased customer traffic. This is a rare opportunity to secure a substantial retail space in a high-demand area with excellent visibility and accessibility. The property's classification as a multi-tenant space allows for flexibility in lease terms and potential for shared amenities, depending on the tenant's needs. Serious inquiries are encouraged to explore this exceptional retail opportunity.
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.