16245 Livernois Ave - Fast Food FOR SALE


Detroit, MI 48221
$625,000 USD
248-688-0630
16245 Livernois Ave, Detroit, MI for Sale
$625,000 USD
Fast Food - FOR SALE
1/3
null | Request Cap Rate

16245 Livernois Ave
Detroit, MI 48221


HIGHLIGHTS

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

OVERVIEW

- 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

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$354 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Former Burger King | Owner-User or Redevelop

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,837 SF

ZONING

B4

APN/PARCEL ID

16-017807

ASK ABOUT THIS PROPERTY

Michael CarterSRS Real Estate PartnersMore Info
248-688-0630

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Michael CarterSRS Real Estate PartnersMore Info
248-688-0630

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.