19900 Livernois Avenue Detroit, MI $ 505,000
19900 Livernois Avenue
$ 505,000
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19900 Livernois Avenue

Detroit, MI, 48221
$ 505,000
Baths0.0 Sq 2,499

Monthly Estimate*

$ 3,356

19900 Livernois Avenue, Detroit, MI 48221 - Image 1
19900 Livernois Avenue, Detroit, MI 48221 - Image 2
19900 Livernois Avenue, Detroit, MI 48221 - Image 3
19900 Livernois Avenue, Detroit, MI 48221 - Image 4
19900 Livernois Avenue, Detroit, MI 48221 - Image 5
19900 Livernois Avenue, Detroit, MI 48221 - Image 6
19900 Livernois Avenue, Detroit, MI 48221 - Image 7
Studio

Commercial Property for sale in Detroit, MI

for $505,000. This 2,499 square foot building was built in 1978 on a lot size of 0.22.

- Palmers woods Neighborhood building plus business for Sale. - Owner retiring after 40 years of operation. - Business is doing $2,500,000 in annual lottery Sales ($180,000 Net Revenue from Lottery) - Business is grossing $6,000 - $7,000 revenue per week from Store Sales - Low Cost and Maintenance Operation - Location: Livernois and Pembroke, Palmer Woods, Detroit. - Potential for added revenue through food business (current owner is not selling hot foods) The city has recently invested in the Livernois and Pembroke area, introducing bicycle routes, promoting smaller businesses, and incorporating public art, creating a dynamic and attractive neighborhood for both residents and businesses alike. An incredible opportunity awaits for entrepreneurs seeking a turnkey convenience store in the vibrant city of Detroit, nestled in the prestigious Palmer Woods neighborhood. The current owner, who has successfully operated the business since 1984, is now retiring, paving the way for a new visionary to take the reins of this lucrative venture. Contact Listing Broker. Do Not Approach owner directly

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Commercial Active

Price

$ 505,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,277

Style

Lot Size

0.22

Year Built

1978

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20240000314

Features
Interior
Heating Fuel Natural Gas
Street Suffix Avenue
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General
Sewer Public Sewer (Sewer-Sanitary)
Heating Forced Air
Possession At Close
Zoning Commercial
Year Built 1978
Business Type Retail
Property Type Commercial
Subdivision Name GREENACRES (PLATS)
Transaction Type Sale
Status Active
Short Sale No
Construction Materials Block/Concrete/Masonry Brick
Cumulative Days on Market 153
MLS Area Det: Livernois-I75 6-Gd River
Directions S of 8 Mile & W of Woodward
City Detroit
Terms Offered Cash Conventional
School District Detroit
Land Contract 0
Ownership Status Short Sale - No Private Owned
Street Name LIVERNOIS
Total Sq Ft 2499
DOM 153
Taxes 3277.0000
Legal Description E LIVERNOIS 1 THRU 6 EXC LIVERNOIS AVE AS WD GREENACRES SUB L39 P13 PLATS W C R 2/149 128.50 X 73.03A
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Exterior
Waterfront 0
Lot Size Area 0.22
Water Source Public (Municipal)
Foundation Slab
Lot Size Dimensions 129 x 73
Architecture Level 1 Story
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Eddie Babbie

Listing Agent

Top Agent Realty

Broker

(248) 229-0303

Phone

Affordability Calculator

$3,629
Per Month
92%
8%
0%
Monthly Principal & Interest
$3,356
Monthly Property Taxes
$273
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/15/2024$505,000 -15.83% Price Down
2/10/2024$600,000 -7.69% Price Down
1/4/2024$650,000 Listed Price

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19900 Livernois Avenue, Detroit, MI, 48221 is a Commercial Property for sale at $505,000 with 2,499 sqft and a lot size of 0.22. 19900 Livernois Avenue is a studio with 0.0 baths and was built in 1978. The property's zip code is 48221 which is in Detroit, MI