18400 Livernois Avenue, Detroit, MI 48221

Property Description

18400 Livernois Avenue | Detroit, MI 48221FOR SALE – $4,000,000Investment 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 HighlightsAsking Price: $4,000,000Fresenius Kidney Care as the primary tenantExisting income with additional value-add potentialUp to ±6,000 SF of vacant spaceOpportunity to increase NOI through lease-upProminent Livernois Avenue location and visibilitySuitable for investor, 1031 exchange or value-add acquisition