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… Read More 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 Read Less
Courtesy of RE/MAX Dream Properties.
Listing Snapshot
Days Online
68
Last Updated
Property Type
Commercial/Industrial
Square Ft.
15,390
Lot Size
1.1 Acres
MLS Number
61023360
30 Days Snapshot Of 48221
$1k
0%
(avg) sold price
37
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved Street
Building
15,390 square feet
Foundation
Slab
Water Features
Public Water
Lot
1.1 acres, Lot size: 326 x 66
Property
Retail, Commercial
Roof
Rubber
Taxes
Total amount: $49,382
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