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Property profile & analytics
OFF-MARKET
Specialty properties

14907 Livernois St Detroit, MI 48238

2,526 SF 0.03 ac lot Built 1934
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Specialty properties
Year built 1934
Total area 2,526 SF
Lot 0.03 ac (1,307 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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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