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Former Burger King | Owner-User or Redevelop 16245 Livernois Ave 1,766 SF Retail Building Detroit, MI 48221 $425,000 ($240.66/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
- 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
Building Size
1,766 SF
Building Class
C
Year Built
1996
Price
$425,000
Price Per SF
$240.66
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
B4
Frontage
Amenities
- Drive Thru
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 16-017807 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $6,500 |
Property Taxes
Parcel Number
16-017807
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$6,500
Contacts
-
Michael Carter -
Frank Rogers -
Matthew Mousavi -
Patrick Luther -
SRS Real Estate Partners
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Former Burger King | Owner-User or Redevelop | 16245 Livernois Ave
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