4963 Livernois AveDetroit, MI 48210

  • Commercial land
  • 3,444 SF

Property Details for 4963 Livernois Ave

Year built
1942
Lot size
0.57 AC
Property size (Sq ft)
3,444 SF
Property type
Commercial land
APN
18007000-24
APU
1800700024

Description

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

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
2020
$2,050
-
-
$23,200
-
-
-
$46,400

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message