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10982-10992 Middlebelt Rd
Livonia, MI 48150

$1,550,000 USD

Medical For Sale  •  9,710 SF

Property Details

  • Property Type Medical
  • Total Building Size 9,710 SF
  • Lot Size 1.16 AC
  • Building Class B
  • Year Built 1979
  • Cap Rate 4.50 %
  • Tenancy Multiple
  • Zoning C2
30 Transit Score
60 Walk Score

Highlights

9.710 SF medical office building investment
Anchored by stable healthcare tenants: Skin & Vein Center & George Iwanow Hearing Aid Center
Currently 61% occupied, the property offers immediate upside through lease-up of available suites
Ownership has invested over $350K of capital improvements in the last 6 years
Up to 3,801 SF can be combined and occupied by a medical, office, or retail user
High-traffic location in Livonia exceeding 34,000 vehicles per day, near major retailers & restaurants
Cap Rate: 4.50 %

Major Tenants

Tenant SF Occupied Lease End Date
George Iwanow Hearing Aid Center
Nationwide Foot & Ankle Care, P.C.

Amenities

  • Signage
  • Wheelchair Accessible
  • Monument Signage
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Dearborn (Wolverine - Amtrak) 20 min - 9.4 mi
AirportDriveWalkDistance
Detroit Metro Wayne County 27 min - 13.5 mi
Windsor International 45 min - 28.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 64
Type: Surface
Included in Rent: Yes
Mike Gunn 248-331-0202 P.A. Commercial, LLC
Mike Gunn 248-331-0202 P.A. Commercial, LLC