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Active
18951 Livernois AVE Detroit, MI 48221
1,360 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type RealEstateOnly
Listing Status Active
Purchase Type For Rent
Square Footage 1,360 sqft
Subdivision Canterbury Gardens
MLS Listing ID 20261025537
Year Built 1946
Lot Size 1,742 Sqft
Acres 0.04
Property Sub-Type RealEstateOnly
Property Description
18951 Livernois Avenue is a 1,707 SF freestanding retail building available for lease at $14.06/SF NNN on Detroit's celebrated Avenue of Fashion — the historic retail and dining corridor running between West 7 Mile and West McNichols. The property sits just south of Livernois and 7 Mile, one of the corridor's highest-volume intersections with 50,000+ combined daily vehicles.
The building is single-tenant with no shared-center fees or CAM obligations, full building signage rights, and tenant-controlled HVAC. Existing retail finish allows for immediate occupancy. The property is federally designated as an Opportunity Zone, supporting favorable capital treatment for build-out and equipment investment. B2 zoning accommodates retail, service, food, medical, and studio concepts.
The submarket is performing well — vacancy sits at 4.7% with 152,063 SF leased over the trailing 12 months. Trade area supports 150,623 residents and 42,280 daytime employees within three miles. Car-friendly 90/100, pedestrian-friendly 70/100, and transit-friendly 40/100 per CoStar.
The building is single-tenant with no shared-center fees or CAM obligations, full building signage rights, and tenant-controlled HVAC. Existing retail finish allows for immediate occupancy. The property is federally designated as an Opportunity Zone, supporting favorable capital treatment for build-out and equipment investment. B2 zoning accommodates retail, service, food, medical, and studio concepts.
The submarket is performing well — vacancy sits at 4.7% with 152,063 SF leased over the trailing 12 months. Trade area supports 150,623 residents and 42,280 daytime employees within three miles. Car-friendly 90/100, pedestrian-friendly 70/100, and transit-friendly 40/100 per CoStar.
Location
State MI
County Wayne
Area Area05041Det68Grflddequindre
Interior
Fireplace No
Exterior
View Y/N No
Roof Type BuiltUp
Garage false
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing TripleNetLease
Listing Terms TripleNetLease
Special Listing Condition Standard
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Listed by Joseph Delia of Keller Williams Paint Creek