Share this with your friends
(989) 385-1311
Bay Realty Michigan
18400 Livernois Avenue, Detroit, MI 48221 3295
- $4,000,000
- 15,390
- SqFt
- List Price
- $4,000,000
- Status
- ACTIVE
- MLS#
- 61023360
- Days on Market
- 86
- Acres
- 1.10
- Living Area
- 15,390
- Municipality
- Detroit
- Region
- Detroit
- Township
- Detroit
- Subdivision
- Dickinson J G
Property Description
18400 Livernois Avenue | Detroit, MI 48221 FOR SALE - $4,000,000 Investment and value-add retail opportunity along Detroit's established Livernois Avenue corridor. The property is offered for sale at $4,000,000 and is anchored by Fresenius Kidney Care, providing an established healthcare tenant and existing income stream. The property also offers up to approximately 6,000 SF of vacant commercial space, creating an opportunity for an investor to increase occupancy and income through lease-up. The available space may accommodate one larger tenant or potentially be divided for multiple retail, medical, professional service, restaurant, fitness, or neighborhood-serving users. Located on Livernois between Puritan Avenue and Eight Mile Road, the property serves northwest Detroit and the surrounding University District, Palmer Woods and Sherwood Forest neighborhoods. Investment Highlights Asking Price: $4,000,000 Fresenius Kidney Care as the primary tenant Existing income with additional value-add potential Up to ±6,000 SF of vacant space Opportunity to increase NOI through lease-up Prominent Livernois Avenue location and visibility Suitable for investor, 1031 exchange or value-add acquisition
/u.realgeeks.media/bayrealtymi/a0319f0b7b28-574847435_1478085547037804_7551286943272733804_n__2_.jpg)
Additional Information
- Lot Dimensions
- 326 x 66
- Foundation
- Slab
- Water
- Public
How much is your home worth?
...get instant property value now!
Mortgage Calculator
Listing Courtesy of RE/MAX Dream Properties, Office Phone: 734-462-3600
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.