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15130-15148 Levan Rd
Livonia, MI 48154
Levan Medical Center · Office Property For Sale
INVESTMENT HIGHLIGHTS
- First Time Offered for Sale
- Income producing Medical Property with Upside Potential
- 5,000 SF Basement serviced by Elevator
- Extraordinary location directly in front of Trinity Health/St Mary Mercy Hospital
- Modern Design built in 1998
- Priced far below replacement cost
EXECUTIVE SUMMARY
Levan Medical Center is a 24,678 SF single-story medical building located in a prime are of the City of Livonia, directly across from
Trinity Health/St. Mary Mercy, a 493,959 SF 305 Bed Regional Hospital. Trinity Health is comprised of 86 hospitals and 128
continuing care facilities across 21 States.
Built in 1998, Levan Medical Center boasts a modern design situated on a 3.7 acre parcel with over 120 parking spaces. The
building consists of 8 medical tenants and 2 vacant units. Levan Medical Center provides a unique opportunity for an investor to
acquire a cash-flowing property with upside potential through vacancy lease-up and lease renewals. The vacant space provides
opportunity to a user/investor looking to locate their practice among other medical users and within close proximity to the Hospital.
Trinity Health/St. Mary Mercy, a 493,959 SF 305 Bed Regional Hospital. Trinity Health is comprised of 86 hospitals and 128
continuing care facilities across 21 States.
Built in 1998, Levan Medical Center boasts a modern design situated on a 3.7 acre parcel with over 120 parking spaces. The
building consists of 8 medical tenants and 2 vacant units. Levan Medical Center provides a unique opportunity for an investor to
acquire a cash-flowing property with upside potential through vacancy lease-up and lease renewals. The vacant space provides
opportunity to a user/investor looking to locate their practice among other medical users and within close proximity to the Hospital.
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
25,337 SF
Building Class
C
Year Built
1998
Price
$4,682,854 CAD
Price Per SF
$184.82 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
25,337 SF
Building FAR
0.16
Lot Size
3.75 AC
Zoning
C-1 - Commercial use
Parking
120 Spaces (4.73 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 46-077-99-0014-000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $3,294,111 CAD |
PROPERTY TAXES
Parcel Number
46-077-99-0014-000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,294,111 CAD
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