14907 Livernois St Detroit, MI 48238
This Detroit, MI property at 14907 Livernois Avenue presents a compelling mixed-use investment opportunity. The 2,526 square foot building, constructed in 1934, sits on a 0.03-acre lot and is zoned for commercial use. The property features a versatile layout combining residential and commercial spaces. Upstairs, a cozy two-bedroom, one-bathroom unit provides residential income potential, ideal for an owner-occupant or rental. The main level and basement offer expansive commercial space, suitable for a variety of uses including retail, office, or service-based businesses. The asking price is $299,000, translating to $118.37 per square foot. While some cosmetic updates are recommended, the property's high visibility and convenient location in Wayne County make it an attractive proposition for entrepreneurs seeking a blend of residential and commercial income streams. This unique property offers a rare chance to acquire a mixed-use asset with significant upside potential in a dynamic Detroit neighborhood. The property's address is verified as 14907 Livernois, Detroit, MI 48238.
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.
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.