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    695 Livernois St Ferndale, MI 48220

    For Sale
    $950,000

    Apartments,Business And Real Estate - Ferndale, MI

    Property size:
    3,986 SF
    Lot size:
    0.10 Acres
    Days on Market:
    34
    Last Refresh:
    Dec 13 at 5:06 pm

    Property Features for 695 Livernois St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial,Multi-Family,Multiple,Office
    APN
    2533435027
    Exterior features
    Garage
    Size
    3,986 SF
    Lot size
    0.10 Acres

    Taxes and HOA fees

    Expense value
    519960
    Expense
    Security Deposit
    Expense freq.
    Once

    Utilities

    Heating system
    Central, Forced Air

    Building Details

    Year built
    1942
    Year renovated
    2023
    Floors in Building
    2
    Building materials
    Brick
    Roof type
    Asphalt
    Architectural style
    Other
    Additional Structures
    Garage(s)

    Keller Williams Royal Oak (248) 288-3500 [email protected]

    Listing agent Alina Valentine (248) 288-3500

    Listing date Nov 10, 2025

    MLS# 20251053099 Listing URL

    Copyright © 2025 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property in Ferndale, MI

    This multi-unit property in Ferndale, MI, presents a blended residential and commercial opportunity. The property's mixed-use zoning allows for various ventures, including a storefront, salon, law office, boutique hotel, or Airbnb. This property offers modern living spaces and entrepreneurial freedom in a spirited neighborhood. The property size is 3986 square feet, situated on a lot of approximately 0.1 acres. The zoning is Commercial, Multi-Family, Multiple, and Office.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ferndale
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1430449
    Latitude
    42.4520021

    Nearby Similar for Sale

    • $950,000
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      Mixed-Use Property in Ferndale, MI

      Multi-unit property with residential and commercial potential in spirited neighborhood.
      695 Livernois St, Ferndale, MI 48220
      View Details
    • $475,000
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      Freestanding Retail Building in Ferndale

      2,644 SF retail building on 0.19-acre lot near downtown.
      1805 E 9 Mile Rd, Ferndale, MI 48220
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    • $315,000

      Ferndale Duplex Near Downtown

      Well-kept duplex with long-term tenants in excellent location.
      853 Le Roy St, Ferndale, MI 48220
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    • $260,000

      Ferndale Duplex Investment Opportunity

      Duplex in prime location with solid structure and great potential.
      243 W Webster St, Ferndale, MI 48220
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    • $1,499,000

      Multi-Unit Building with Recent Updates

      Well-maintained multi-unit building with garage and ample parking.
      624 Livernois St, Ferndale, MI 48220
      View Details
    • Contact for pricing
      9,629 SF

      Freestanding Building on Woodward Avenue

      Freestanding building on Woodward Avenue with ample parking.
      22600 Woodward Ave, Ferndale, MI 48202
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Multi-unit property with commercial zoning in a spirited neighborhood.
    Where is this mixed-use property located?
    The property is located at 695 Livernois St Ferndale, MI.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - Mixed-use zoning allows for diverse commercial and residential opportunities.; - Suitable for both residential living and commercial investment.; - Modern living spaces appealing to young professionals.
    (248) 288-3500
    Request Owner's contact information
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    Ferndale, MI 48220
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    695 Livernois St Ferndale, MI 48220
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