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33690514
33690515

16749, Livonia, MI 48154

Van Esley Real Estate
Listed by Van Esley Real Estate
$1,300,000
12 days on market
Updated 5 days ago

16749, 16755 & 16771 Middlebelt Rd Livonia

Details
APN 46053010033004
Property Type Land
Sub Type Commercial
Square Footage 5,100
NOI $99,999
Year Built 1967
Acreage 1.170

Land | 1.17 acres

Marketing description

Expand your real estate empire with this 2 unit commercial building with an additional 0.59 acre lot that is ready to be developed. These units are 2,700 sq ft and 2,400 sq ft. This is is an open canvas for your business. It has a monument sign on busy Middlebelt Road and has been completely updated in 2023. The updates include new HVAC, new tankless HWH, new LED lighting throughout, new windows, high open metal ceiling (14' 6 '' in 16755 Middlebelt), updated roof, facia of the building, parking lot, and 2 new bathrooms (in 16755 Middlebelt) and one bathroom in 16755 Middlebelt. All of the floors have new concrete. When you are ready to expand, you have the vacant lot next door (16749 Middlebelt). LAND CONTRACT TERMS ARE POSSIBLE. Currently this is zoned C-1. This sale includes three parcels: 46053010033004, 46053010039004, and 46053010039003. All information is approximate and should be verified.
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Van Esley Real Estate
Listed by Van Esley Real Estate

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$99,999.00
$8,333.25/mo

Valuation Metrics

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DSCR
7.69%
Cap Rate
7.69%
ROI

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Zoning

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RUF AgricultureRural Urban Farm
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Last updated May 12, 2026 For deeper zoning details, reports are available at Zoneomics

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