Chat with us, powered by LiveChat

18400 Livernois Avenue, Detroit city, Michigan

$4,000,000

Previous Next

15,390

Square feet

1.10

Acres

About 18400 Livernois Avenue

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

Features of 18400 Livernois Avenue

MLS® # 20261056418
Price $4,000,000
Bathrooms 0.00
Square Footage 15,390
Acres 1.10
Year Built 1996
Type Commercial
Status Active

Community Information

Address 18400 Livernois Avenue
Area 05041 - Det 6-8 Grfld-Dequindre
Subdivision DICKINSON J G
City Detroit city
County Wayne
State Michigan
Zip Code 48221

Amenities

Utilities Above Ground Utilities, Cable Available
Parking Parking Lot
Is Waterfront No
Has Pool No

Interior

Fireplace No

Exterior

Construction Stucco
Foundation Slab

School Information

District Detroit

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX Dream Properties
Contact Infoglovellbrown@sbcglobal.net

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?