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Former Burger King | Owner-User or Redevelop 16245 Livernois Ave

1,766 SF Retail Building Detroit, MI 48221 $625,000 ($354/SF)

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

Attachments

OM

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,766 SF
Building Class
C
Year Built
1996
Price
$625,000
Price Per SF
$354
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
B4
Frontage
165 FT on Livernois Ave

Amenities

  • Drive Thru
Walk Score ®
Very Walkable (70)
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
Rent-A-Center

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16-017807
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$6,500
  • Listing ID: 30026415

  • Date on Market: 11/10/2023

  • Last Updated:

  • Address: 16245 Livernois Ave, Detroit, MI 48221

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