This exceptional 11,040-square-foot retail space is ideally situated on Livernois Avenue, between I-94 and Michigan Avenue, offering unparalleled visibility and accessibility. The property, identified by APN 18-00700-018 in Wayne County, is currently vacant and presents a unique opportunity for a single tenant. The building is proposed as an inline retail center, making it suitable for a variety of commercial uses. Its strategic location at the I-94/Livernois interchange ensures high traffic counts, providing significant exposure to potential customers. The property's size and location make it an attractive option for businesses seeking a prominent presence in a high-traffic area. The landlord is flexible and open to considering a lease, a build-to-suit arrangement, or even a ground lease, offering considerable adaptability to meet the specific needs of a prospective tenant. This presents a rare chance to establish a thriving business in a well-connected and highly visible location. The entire 11,040 square feet is available, providing ample space for a large-scale retail operation or a business requiring significant square footage. The property's location offers easy access to major transportation routes, enhancing its appeal to both businesses and customers. This is a prime opportunity to secure a significant retail presence in a dynamic and growing area.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Industrial / Distribution
$1,412,520
Retail / Commercial
$736,626
Mixed-Use / Specialty
$743,689
Hospitality / Lodging
$558,235
Office
$749,362
Institutional / Educational
$776,599
Residential Income
$908,621
Multifamily
$1,036,040
Automotive / Energy
$665,656
Parking / Income-Based Land
$220,138
Restaurant / Food Service
$407,475
Healthcare / Senior Housing
$752,704
Location Insight
City
Detroit
County
Wayne
State
Michigan
Latitude
42.3361
Longitude
-83.1244
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Livernois Ave Detroit, MI 48210
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Livernois Ave Detroit, MI 48210
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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