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18400 Livernois AVE Detroit, MI 48221
15,390 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type RealEstateOnly
Listing Status Active
Purchase Type For Sale
Square Footage 15,390 sqft
Price per Sqft $259
Subdivision Dickinson J G
MLS Listing ID 20261056418
Year Built 1996
Lot Size 1.100 Acres
Acres 1.1
Property Sub-Type RealEstateOnly
Property Description
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
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
Location
State MI
County Wayne
Area Area05041Det68Grflddequindre
Interior
Fireplace No
Exterior
Parking Features ParkingLot
Utilities Available AboveGroundUtilities, CableAvailable
View Y/N No
Roof Type Rubber
Garage false
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, Conventional, WarrantyDeed
Listing Terms Cash, Conventional, WarrantyDeed
Special Listing Condition ShortSaleNo, Standard
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Listed by Glen L Brown of RE/MAX Dream Properties