19900 LIVERNOIS Avenue Detroit, MI $ 505,000
19900 LIVERNOIS Avenue
$ 505,000
Share Save

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 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

See more

Commercial Active

Price

$ 505,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,277

Style

Commercial/Industrial

Lot Size

0.22

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60280836

Features
General
Heating Forced Air
Possession At Close
Water Public Water
Status Active Active
Year Built 19
Subdivision GREENACRES (PLATS) MI
Water Heater Gas
County Wayne
Class COM/IND/BUS OPP
Type Commercial/Industrial
Percent Ownership Private
Municipality Detroit
Zoning Commercial
Commercial Features 3 Phase Power
Area Detroit (82001)
Primary City Detroit
Directions S of 8 Mile & W of Woodward
City Detroit
Street Name LIVERNOIS
Financial Terms Cash Conventional
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
DOM 146
Postal Code 48221
Price Per Sq Ft Total 202.08
Coming Soon - 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
See more
Exterior
Exterior Block Brick
Frontage 129
Lot Size Area 0.22
Lot Dimensions 129 x 73
Roads Paved Street
Waterfront Y/N No
See more
Interior
Fuel Type Natural Gas
See more
* Excluded Features
List By
Eddie Babbie

Listing Agent

Top Agent Realty

Broker

eddie.babbie@gmail.com

Email

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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
760529 Elementary School
760235 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

Map


See all

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. The property's zip code is 48221 which is in Detroit, MI