15130-15146 Levan RLivonia, MI 48154

Property Details for 15130-15146 Levan R

Year built

1998

Lot size

3.75 AC

Property size (Sq ft)

24,678 SF

Property type

Office properties

Property subtype

Medical offices

Description

This exceptional 24,678-square-foot medical office building, situated on a 3.745-acre lot in Livonia, Michigan, presents a compelling investment opportunity. Built in 1998, the single-story Class C building features a modern design and is ideally located directly across from Trinity Health/St. Mary Mercy Hospital, a major regional medical center. The property boasts 120 parking spaces and 568 feet of frontage on Levan Road. Currently housing eight medical tenants and two vacant units, this income-producing property offers significant upside potential through lease-up and renewals. The vacant space presents an opportunity for a user-investor seeking a location among established medical practices and in close proximity to a large hospital. The building includes a 5,000-square-foot basement serviced by an elevator. The property is zoned C1 - Local Business and has a Wayne County APN of 46-077-99-0014-000. Offered at $3,400,000 ($145.88/sq ft), this property is priced significantly below replacement cost. This is a rare opportunity to acquire a cash-flowing asset with substantial growth potential in a highly desirable medical corridor.

Location Insight

City

Livonia

County

Wayne

State

Michigan

Latitude

42.3939

Longitude

-83.4021

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