38165 Ann Arbor Rd Livonia, MI 48150

Property Details for 38165 Ann Arbor Rd

Year built

1968

Construction

CONCRETE BLOCKS

Lot size

0.92 lot acres

Property size

4,000 SF

Property type

Commercial real estate

APN

46 121 99 0012 000

APU

46121990012000

Description

This exceptional 4,000 square foot retail property, situated on a 0.92-acre lot in Livonia, Michigan's bustling C-2 General Business District, presents a prime redevelopment opportunity. Located at 38165 Ann Arbor Rd, this Class C building boasts an advantageous location with high visibility and accessibility, benefiting from an annual average daily traffic count of 42,637 vehicles. Its strategic positioning provides convenient access to major thoroughfares, including I-275 and I-96, ensuring significant exposure to a large customer base. The property is currently configured as a convenience store, QSR/fast food establishment, and storefront, offering versatility for various redevelopment projects. The asking price is $925,000, translating to $231.25 per square foot. The property's zoning allows for a wide range of commercial uses, making it an attractive investment for entrepreneurs and developers seeking a high-potential location. Rent bumps are permitted, adding further value to this promising investment. This is a for sale by owner opportunity. Don't miss this chance to acquire a valuable asset in a thriving commercial area. The property's zip code is 48150, and it's located in Wayne County.

Location Insight

City

Livonia

County

Wayne

State

Michigan

Longitude

-83.4182

Latitude

42.3602

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments