About This Restaurant
Investment Highlights
Excellent Redevelopment or Lease-Up Opportunity Centralized Location Direct Residential Consumer Base General Business (B-4) Zoning Adjacent to University of Detroit Merc Strong Tenant Presence
Executive Summary
- 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
Property Details
- Sale Type Investment
- Property Type Retail
- Property Subtype Fast Food Fast Food General Retail Storefront Fast Food
- Building Size 1,766
- Building Class C
- Year Built 1996
- Price 750,000
- Price Per SF 425
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.30
- Land Acres 0.13 AC
- Opportunity Zone Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Taxes
Parcel Number | 16-017807 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $6,200 |
Date Created: | 2024-07-16 04:16:18 | Last Updated: | 2024-07-16 04:16:18 |
Address: | 16245 Livernois Ave , Detroit, Michigan, 48221 |