Offered at $995,000, this former bank branch on Five Mile Road presents a rare owner-user or redevelopment opportunity in Livonia’s thriving commercial corridor. Positioned at the signalized intersection of Five Mile and Merriman, the property benefits from excellent visibility, easy ingress and egress, and high daily traffic counts of more than 30,000 combined vehicles.
The building sits on a 1.10-acre parcel with 40 parking spaces and curb cuts from both Five Mile and Merriman, creating ease of access for diverse future uses. Zoned CB-1 (Low Intensity Commercial), the site accommodates various business operations, including neighborhood retail, banking, or adaptive reuse concepts such as medical office or service retail.
Located just two miles from the I-96/Merriman interchange, the property offers connectivity throughout the Detroit metro region. Surrounding amenities include Livonia Plaza and numerous national brands, reinforcing strong consumer draw and retail synergy. With its functional design, ample parking ratio, and flexible zoning, this property delivers immediate conversion potential and long-term investment appeal in a densely populated area.