38741 Ann Arbor RdLivonia, MI 48150

  • Other commercial real estate
  • 6,450 SF
For Lease
$13.75/SF/YR View listing

Property Details for 38741 Ann Arbor Rd

Year built
1977
Construction
CONCRETE BLOCKS
Lot size
0.84 AC
Property size (Sq ft)
6,450 SF
Property type
Other commercial real estate
APN
46 123 99 0003 001
APU
46123990003001

Description

This exceptional 6,450-square-foot free-standing retail/recreational building is available for immediate lease in Livonia, Michigan. Located at 38741 Ann Arbor Road, on a highly visible corner lot with 160 feet of frontage, this single-tenant property offers ample opportunity. Built in 1977 and renovated in 2010, the building features a spacious open floor plan ideal for diverse uses, including retail, indoor recreation, office space, medical services, or personal services. The property includes 80 parking spaces, ensuring convenient access for customers and employees. The building boasts a newer HVAC system and is ADA compliant in restrooms and entryways. Zoned C-1 (Local Business District), this property benefits from its prime location, offering easy access to major freeways including I-275, M-14, and I-96, and high traffic counts. The 0.84-acre lot provides ample space, and the building's open floor plan includes a 3,000 square foot open area. This versatile property presents a unique opportunity for businesses seeking a high-visibility location with immediate occupancy. The property's address is 38741 Ann Arbor Rd, Livonia, MI 48150, with a cross street of Knolson St. The Wayne County property has APN 46 123 99 0003 001. Three-phase power is available.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,263,841
    Hospitality
    $1,157,672
    Educational
    $963,169
    Medical
    $996,294
    Retail
    $1,498,263
38741 Ann Arbor Rd, Livonia, Michigan

Location Insight

City
Livonia
County
Wayne
State
Michigan
Latitude
42.3594
Longitude
-83.4243
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$14,299
-
-
$280,700
-
-
-
$561,400

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