University Shops

17500-17520 Livernois, Detroit, MI 48221

  • 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 Dec 9, 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.

Contacts

broker
Marcel Pearl

Encore Real Estate Investment Services

Location

Getting Around

  • Walk Score ®

    72/100 Very Walkable

  • Transit Score ®

    48/100 Some Transit

  • Bike Score ®

    50/100 Bikeable
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Palmer Park
  • Zip Code 48221
  • Market Detroit

Points of Interest

  • CDM Transport LLC

    2.38 miles

  • Royal Oak

    4.71 miles

  • Grand Boulevard

    4.90 miles

  • Baltimore Street

    5.04 miles

  • Detroit

    5.08 miles

  • Amsterdam Street

    5.22 miles

  • Ferry Street

    5.59 miles

  • Warren Avenue

    5.85 miles

  • Canfield Street

    6.24 miles

  • Mack Avenue

    6.64 miles

  • Marathon

    0.27 miles

  • BP

    0.69 miles

  • Citgo

    0.81 miles

  • Amoco

    0.87 miles

  • Sunoco

    1.08 miles

  • Tesla Supercharger

    2.01 miles

  • Ferndale Public Library

    2.70 miles

  • Detroit Pistons Performance Center

    5.14 miles

  • Wayne State University - Parking Structure #5

    5.55 miles

  • Wayne State University - Lot #50

    5.75 miles

  • Student / Vistor Parking Lot F

    0.44 miles

  • Faculty / Staff Parking Lot H

    0.51 miles

  • Student Parking Lot H

    0.52 miles

  • Faculty / Staff Parking Lot A

    0.55 miles

  • Student Parking Lot I

    0.55 miles

  • Faculty / Staff Parking Lot E

    0.63 miles

  • Vistor Parking Lot B

    0.65 miles

  • Faculty / Visitor Parking Lot C

    0.66 miles

  • Student / Vistor Parking Lot B

    0.70 miles

  • Student / Vistor Parking Lot D

    0.71 miles

  • Captain Jay's Fish & Chicken

    0.22 miles

  • McDonald's

    0.27 miles

  • Nicky D's Coney Island

    0.31 miles

  • Detroit Pizza Bar

    0.35 miles

  • Burger King

    0.64 miles

  • U of D Coney Island

    0.76 miles

  • Church's Chicken

    0.77 miles

  • Kuzzo's Chicken & Waffles Southern Cafe

    0.89 miles

  • Subway

    1.03 miles

  • Bucharest Grill

    1.06 miles

  • Savon Foods Supermarket

    0.14 miles

  • Mike's Fresh Market

    0.81 miles

  • Farmer's Best Grocery Store

    1.05 miles

  • Liberty Food Center

    1.44 miles

  • Value Save Food Center

    1.77 miles

  • ALDI

    1.89 miles

  • Marshalls

    1.89 miles

  • Meijer

    1.94 miles

  • Kroger

    2.03 miles

  • The Shops at Woodward Place

    2.14 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
broker
Marcel Pearl

Encore Real Estate Investment Services