Office Properties for sale in Livonia, Michigan offer a unique investment opportunity for those looking to tap into the city's diverse economy. With a strong presence of major employers like Ford Motor Company, Trinity Health, and United Parcel Service, Livonia's office market is poised for growth. Office Properties in Livonia can represent a range of investments, from single-story buildings to multi-tenant complexes, each with its own unique characteristics and potential for returns. Livonia's amenities, infrastructure, and location make it an attractive place to invest in an Office Property, with access to major highways, a diverse range of educational institutions, and a strong healthcare sector. The city's geography, with its creeks and rivers, also adds to its appeal. With attractions like the Livonia Public Library and the CAPA program at Churchill High School, Livonia is a great place for business and travel.
Livonia's Office Properties are situated in a city with a rich history and a strong economy. With 43 Office Properties for sale, investors have a range of options to choose from. In addition to Office Properties, Livonia is also home to Commercial Real Estate, offering a range of opportunities for investors. The city's Apartment Buildings provide a unique investment opportunity, with a diverse range of complexes and amenities. Shopping Centers in Livonia offer a chance to invest in retail space, while Hotels in the city provide a opportunity to tap into the tourism industry. With its diverse economy and range of investment opportunities, Livonia is a great place to invest in real estate.
What is the average price per square foot for office properties in Livonia?
The average price per square foot for office properties in Livonia is $167 USD.
What should I know about office property classifications (Class A, B, C)?
When searching for office properties for sale in Livonia, it's essential to understand the different classifications, which can impact the property's value, rental income, and overall investment potential.
- Class A office properties are typically high-rise buildings with top-notch amenities, modern infrastructure, and prime locations, often attracting high-end tenants and commanding higher rental rates.
- Class B office properties offer a balance between quality and affordability, featuring functional spaces with standard amenities, suitable for a wide range of businesses and professionals.
- Class C office properties are often older, less modern, and may require renovation or upgrading, but can still provide affordable options for startups, small businesses, or entrepreneurs.
Currently, there are 43 office properties for sale in Livonia, with an average price per square foot of $167 USD and an average size of 45,292 square feet. The largest available office property spans 246,976 square feet, offering ample space for businesses of various sizes.
