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$3,995,000
17940 Farmington Rd, Livonia, MI 48152
0 Beds
0 Baths
55,970 sqft

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Recently renovated Livonia Professional Building is a three-story, medical office building, and three (3) single-story medical office buildings located on 3.74 acres. This 91% occupied property consists of a mixture of general and medical office tenants which are internet and Covid resistant businesses catering to the immediate demographic. Livonia Professional Building makes for a great owner-occupier and/or investment opportunity offering great value-add with lease-up of the remaining 5,000+ SF vacancy.
  • Price:
  • $3,995,000
  • Square Footage:
  • 55,970
  • Acreage:
  • 3.74
  • Year Built:
  • 1986
  • Listing ID #:
  • 2210087691
  • Street Address:
  • 17940 Farmington Rd
  • City:
  • Livonia
  • State:
  • Michigan
  • Postal Code:
  • 48152
  • County:
  • Wayne
  • Community:
  • Livonia
  • Listing Status:
  • Pending
  • Listing Type:
  • Commercial
School District: Livonia
  • Foundation:
  • Slab
  • Foundation Material:
  • Poured
  • Siding:
  • Brick
  • Stories:
  • 3 Story
  • Total Building Square Footage:
  • 55970
  • Year Built:
  • 1986
  • Year Renovated:
  • 2019
  • Business Type:
  • Medical, Office
  • Net Operating Income:
  • 373555.91
  • Operating Expense:
  • 249714.00
  • Conforms To Zoning:
  • Commercial, Office
  • Existing Land Use:
  • Office/ Medical
  • Road Frontage:
  • 287
  • Road Frontage Type:
  • Class C
  • Days On Market:
  • 94
  • Financing Options:
  • Cash, Conventional
  • For Sale Or Lease?:
  • Sale
  • Summer Tax:
  • 5521.0100
  • Winter Tax:
  • 47142.4000
  • Existing Water:
  • Municipal Water
  • Heating:
  • Central Air, Forced Air
  • Heating Fuel:
  • Natural Gas
  • Sewage Type:
  • Sewer-Sanitary
  • Water Heater:
  • Natural Gas
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • IDX provided courtesy of Realcomp II Ltd. Forward Commercial Group
  • IDX provided courtesy of Realcomp II Ltd., via Bellabay Realty Tri-Counties and Realcomp II Ltd, ©2022 Realcomp II Ltd. Shareholders FARMHILL

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