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Former Burger King | Owner-User or Redevelop 16245 Livernois Ave 1,766 SF Retail Building Detroit, MI 48221 $593,266 CAD ($335.94 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Excellent Redevelopment or Lease-Up Opportunity
  • Centralized Location
  • Direct Residential Consumer Base
  • General Business (B-4) Zoning
  • Adjacent to University of Detroit Merc
  • Strong Tenant Presence

EXECUTIVE SUMMARY

- The site presents an excellent lease-up or redevelopment opportunity
- The property is zoned B-4 – General Business District, providing a wide range of commercial uses
- The building is located in a highly desirable retail location with direct access to residential communities, national/regional tenants, and a university
- Built in 1996, the property consists of 1,766 SF of GLA on 0.28 acres, and features a drive-thru to benefit the surrounding customer base

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,766 SF
Building Class
C
Year Built
1996
Price
$593,266 CAD
Price Per SF
$335.94 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
B4
Frontage
165’ on Livernois Ave

AMENITIES

  • Drive Thru
Walk Score®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Chase Bank
First Merchants Bank
Rent-A-Center

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16-017807
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$9,117 CAD
  • Listing ID: 30026415

  • Date on Market: 2023-11-10

  • Last Updated:

  • Address: 16245 Livernois Ave, Detroit, MI 48221

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