- For Sale $1,599,000
- Property Type Retail - Strip
- Property Size 14,270 SF
- Units 5
- Lot Size 0.98 Acre
- Additional Rent Contact for pricing
- Property Tenancy Multi-Tenant
- Year Built 1968
- Year Renovated 2010
- Date Updated Jul 8, 2024
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Highlights
- Excellent Value-Add Opportunity With A 4,300 Square Foot Vacancy
- Anchored by Secretary of State with 6 Years Remaining on the Lease Which Brings High Traffic to the Center
- Abundant Parking Needed by Secretary of State is a Commodity on Heavily Traveled Livernois - Blocks Away From U of D
- Located Just Blocks from The University of Detroit Mercy
- Average Household Income is $47,659 Within a 5 Mile Radius
- 5 Mile Population Surrounding the Investment Property Exceeds 441,992
- Intersection boasts a Average Daily Traffic Count of 21,323 + VPD
- Located Just South of the "Avenue Of Fashion", a historic shopping district within the city of Detroit
- Recently Livernois Ave went through a streetscape program to improve the roads and sidewalks.
- With the historic neighborhoods of Palmer Woods, Sherwood Forest, University District and Green Acres located just a few steps away the area is home to the highest income levels within the City of Detroit.
- Just minutes away from the Detroit Golf Club, a private 36 hole golf course that was founded in 1899. The DGC is now the annual host of the Rocket Mortgage Classic – the first PGA TOUR event ever held in the city of Detroit.
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Contacts
Location
Getting Around
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Walk Score ®
72/100
Very Walkable
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Transit Score ®
48/100
Some Transit
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Bike Score ®
50/100
Bikeable
- City Detroit, MI
- Neighborhood Palmer Park
- Zip Code 48221
- Market Detroit
Points of Interest
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CDM Transport LLC
2.38 miles
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Grand Boulevard
4.90 miles
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Baltimore Street
5.03 miles
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Amsterdam Street
5.22 miles
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Ferry Street
5.62 miles
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Warren Avenue
5.85 miles
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Canfield Street
6.25 miles
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Mack Avenue
6.64 miles
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Martin Luther King Junior Boulevard
6.65 miles
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Checker Cab #977
6.65 miles
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Marathon
0.27 miles
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Marathon
0.41 miles
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BP
0.69 miles
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Citgo
0.81 miles
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Amoco
0.87 miles
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Sunoco
1.08 miles
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BP
1.26 miles
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Mobil
1.27 miles
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Citgo
1.27 miles
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BP
1.31 miles
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Student / Vistor Parking Lot F
0.44 miles
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Faculty / Staff Parking Lot H
0.51 miles
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Student Parking Lot H
0.52 miles
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Faculty / Staff Parking Lot A
0.55 miles
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Student Parking Lot I
0.55 miles
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Faculty / Staff Parking Lot E
0.63 miles
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Vistor Parking Lot B
0.65 miles
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Faculty / Visitor Parking Lot C
0.66 miles
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Student / Vistor Parking Lot B
0.70 miles
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Student / Vistor Parking Lot D
0.71 miles
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Captain Jay's Fish & Chicken
0.22 miles
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McDonald's
0.27 miles
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Nicky D's Coney Island
0.31 miles
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Detroit Pizza Bar
0.34 miles
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Burger King
0.64 miles
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U of D Coney Island
0.76 miles
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Church's Chicken
0.77 miles
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Kuzzo's Chicken & Waffles Southern Cafe
0.89 miles
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Subway
1.03 miles
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Bucharest Grill
1.06 miles
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Savon Foods Supermarket
0.14 miles
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Mike's Fresh Market
0.81 miles
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Farmer's Best Grocery Store
1.05 miles
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Liberty Food Center
1.44 miles
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Value Save Food Center
1.77 miles
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Aldi
1.89 miles
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Marshalls
1.89 miles
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Meijer
1.94 miles
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Kroger
2.03 miles
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John R. Food Market
2.10 miles
Frequently Asked Questions
How much does University Shops cost?
The space currently listed for sale at University Shops asks for $1,599,000.
What is the total square footage of University Shops?
University Shops totals 14,270 square feet.
When was this property built?
University Shops was built in 1968.
Looking for more in-depth information on this property?
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Contact Listing Broker
Marcel Pearl
Encore Real Estate Investment Services
