18400 Livernois Avenue Detroit, MI $ 4,000,000
18400 Livernois Avenue
$ 4,000,000
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18400 Livernois Avenue

Detroit, MI, 48221
$ 4,000,000
Bedrooms-- Baths-- Sq 15,390

Monthly Estimate*

$ 25,256

18400 Livernois Avenue, Detroit, MI 48221 - Image 1

Commercial Property for sale in Detroit, MI

for $4,000,000. This 15,390 square foot building was built in 1996 on a lot size of 1.1.

18400 Livernois Avenue | Detroit, MI 48221 FOR SALE – $4,000,000 Investment 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 Highlights Asking Price: $4,000,000 Fresenius Kidney Care as the primary tenant Existing income with additional value-add potential Up to ±6,000 SF of vacant space Opportunity to increase NOI through lease-up Prominent Livernois Avenue location and visibility Suitable for investor, 1031 exchange or value-add acquisition

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Commercial Active

Price

$ 4,000,000

Property Type

Commercial

Taxes

$ 49,382

Style

RealEstateOnly

Lot Size

1.1

Year Built

1996

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261056418

Features
General
Sewer PublicSewer
Utilities AboveGroundUtilities CableAvailable
Possession AtClose
Roof Rubber
Garage Spaces 0.0
Security Features FireSprinklerSystem Firewalls SecurityPatrol
Construction Materials Stucco
Year Built 1996
Electric CircuitBreakers
Property Subtype RealEstateOnly
Current Use MedicalDental Retail
Business Type Retail
County Wayne
Net Operating Income 211968.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name DICKINSON J G
Garage Y/N N
Building Features Sidewalks
Status Active
Directions Go North on Livernois Ave from the John C Lodge Fwy. Go North to the property.
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial
MLS Area Area05041Det68GrfldDequindre
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 49382.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 301226
Expected Active Date 2026-08-21
Legal Description E LIVERNOIS 26 THRU 1 EXC LIVERNOIS AVE AS WD J.G. DICKINSON SUB L45 P48 PLATS WCR 2/153 48119 SQ FT
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Exterior
Parking Features ParkingLot
Water Source Public
Foundation Details Slab
Spa N
Building Area Total 15390.0
Lot Dimensions 326 x 66
Lot Size Acres 1.1
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 15390.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 18400
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* Excluded Features
List By
Glen L Brown

Listing Agent

Re/Max Dream Properties

Broker

(734) 462-3600

Phone

Affordability Calculator

$29,372
Per Month
86%
14%
0%
Monthly Principal & Interest
$25,256
Monthly Property Taxes
$4,115
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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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Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/21/2026$4,000,000 Listed Price

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18400 Livernois Avenue, Detroit, MI, 48221 is a Commercial Property for sale at $4,000,000 with 15,390 sqft and a lot size of 1.1. 18400 Livernois Avenue was built in 1996. The property's zip code is 48221 which is in Detroit, MI