36016 MileLivonia, MI 48154

For Sale
$239,000

Vacant 1600 SF Medical Office, $239K

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 1,600 square foot medical office building, located at 36016-36022 5 Mile Road in Livonia, Michigan, presents a unique investment opportunity. Currently vacant, this Class B building offers significant potential for immediate occupancy. Built in 1962, the property boasts 20 parking spaces, providing ample convenience for patients and staff. The building features a convenient individual entrance and excellent signage opportunities, ensuring high visibility. Its strategic location offers easy access to major thoroughfares including I-96, I-275, and M-14, enhancing accessibility for patients and employees. Furthermore, its proximity to Trinity Health and St. Mary Mercy Hospitals makes it an ideal location for medical professionals. The asking price of $239,000 represents a significant value, priced considerably below replacement cost, making this a compelling investment prospect. The property is zoned C-1, allowing for a variety of medical uses. This is a rare chance to acquire a well-situated medical office building in a thriving area of Livonia, Wayne County, Michigan, 48154.

Highlights

  • Individual entrance.
  • Great signage opportunities.
  • Easy access to I-96, I-275, and M-14.
  • Close proximity to Trinity Health and St. Mary Mercy Hospitals.
  • Priced significantly below replacement cost at $239,000.

Property Details for 36016 Mile

Property type
Other office properties, Medical offices
Square Feet
1,600 SF
Class
B
Year Built
1962

Location Insight

City
Livonia
County
Wayne
State
Michigan
Latitude
42.3969569
Longitude
-83.3999982
36016 Mile, Livonia, Michigan

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36016 Mile
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