Livernois & McNichols Corner Mixed-Use Opportunity

16921 Livernois Ave Detroit, MI 48221

16921 Livernois Ave, Detroit, MI, 48221
16921 Livernois Ave, Detroit, MI, 48221 16921 Livernois Ave, Detroit, MI, 48221 16921 Livernois Ave, Detroit, MI, 48221 16921 Livernois Ave, Detroit, MI, 48221 16921 Livernois Ave, Detroit, MI, 48221 16921 Livernois Ave, Detroit, MI, 48221 16921 Livernois Ave, Detroit, MI, 48221
FOR SALE
Property Type:
Street Retail
Amount:
$735,000
Last Verified:
Mar 12, 2026

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Highlights

  • • Prominent Livernois & McNichols corner in Detroit’s growing Live6 corridor
  • • Across from University of Detroit Mercy campus
  • • 20,000 SF two-story building positioned for redevelopment
  • • Preliminary plan for ~8,500 SF retail + 13 apartments
  • • Near Detroit’s revitalized Avenue of Fashion district
  • • Surrounded by strong residential neighborhoods including University District and Bagley
  • • Excellent access to Livernois, McNichols, and major Northwest Detroit corridors

Description

16921 Livernois Avenue presents a compelling mixed-use redevelopment opportunity at the prominent intersection of Livernois Avenue and West McNichols Road in Detroit’s growing Live6 corridor. The property consists of a vacant two-story building totaling approximately 20,000 square feet and is located directly across from the University of Detroit Mercy campus, providing a strong institutional anchor and consistent neighborhood activity.

Ownership has completed preliminary redevelopment planning for the site that contemplates approximately 8,500 square feet of ground floor retail space with 13 residential apartments on the second floor, creating a vibrant mixed-use project aligned with the ongoing revitalization of the Livernois corridor and the nearby Avenue of Fashion district.

The surrounding area has experienced continued investment driven by neighborhood density, university activity, and a growing mix of restaurants, retailers, and service businesses along Livernois Avenue. With its highly visible corner location, strong pedestrian and vehicular traffic, and proximity to major Northwest Detroit neighborhoods including Bagley, University District, and Sherwood Forest, the property represents an attractive opportunity for developers, investors, or owner-users seeking to participate in the continued growth of the Livernois commercial corridor.

The property is prominently located at the hard corner of Livernois Avenue and West McNichols Road, directly across from the University of Detroit Mercy campus in Detroit’s Northwest neighborhood. This intersection serves as a key commercial node along the Livernois corridor, one of the city’s most active neighborhood retail districts connecting the University District, Bagley, and surrounding residential communities.

Often referred to as part of Detroit’s “Avenue of Fashion” corridor, Livernois Avenue has experienced significant reinvestment in recent years, with a growing mix of restaurants, neighborhood retailers, service businesses, and community-oriented commercial uses. The presence of the University of Detroit Mercy provides consistent daytime activity and demand from students, faculty, and surrounding residents.

The location also benefits from strong regional accessibility and proximity to major retail anchors including Meijer, ALDI, and Home Depot along the nearby McNichols and Eight Mile corridors. With strong neighborhood density, nearby institutional anchors, and steady daily traffic, the area supports a wide range of retail, restaurant, and service-oriented users.


Year Built: 1927
Building Size: 21164sq ft
Lot Size: 0.24 acres

Map of 16921 Livernois Ave, Detroit, MI, 48221

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.