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
General Information
Sale Price: $4,000,000
Price/SqFt: $260
Status: Active
MLS#: rcomi20261056418
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Acres: 1.1
Lot Dimensions: 326 x 66
Size: 15,390 sq.ft.
Acreage: 1.1 est.
Year Built: 1996
Property Type: Commercial
Style:
Tax, Fees & Legal
Est. Summer Taxes: $22,292 Est. Winter Taxes: $27,090
