14907 Livernois St Detroit, MI 48238
- Specialty properties
- 2,526 SF
- 0.03 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 14907 Livernois St
- Year built
- 1934
- Lot size
- 0.03 lot acres
- Property size
- 2,526 SF
- Property type
- Specialty properties
- Property subtype
- Retail properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.1405
- Latitude
- 42.3997
