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    695 Livernois St Ferndale, MI 48220

    For Sale
    $950,000

    Triplex,Traditional - Ferndale, MI

    Property size:
    3,186 SF
    Lot size:
    0.10 Acres
    Days on Market:
    36
    Last Refresh:
    Dec 15 at 4:06 am

    Property Features for 695 Livernois St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial,Multi-Family,Multiple,Residential
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
    Bathrooms
    5
    APN
    2533435027
    Parking features
    Assigned, Garage, On Street
    Exterior features
    Private Entry
    Basement Y/N
    1
    Size
    3,186 SF
    Lot size
    0.10 Acres

    Taxes and HOA fees

    Expense value
    519960
    Expense
    Security Deposit
    Expense freq.
    Once

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1942
    Year renovated
    2023
    Floors in Building
    2
    Building materials
    Brick
    Roof type
    Asphalt
    Architectural style
    New Traditional

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

    Listing agent Alina Valentine (248) 288-3500

    Listing date Nov 10, 2025

    MLS# 20251053101 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, offers a blend of residential and commercial opportunities. The property is zoned for commercial, multi-family, multiple, and residential uses, presenting diverse investment possibilities. The property is suitable for a storefront, salon, law office, boutique hotel, or Airbnb venture. The property size is 3186 square feet on a lot of 0.1 acres. This property offers entrepreneurial freedom and residential bliss in a spirited Michigan neighborhood.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    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
      3,986 SF

      Mixed-Use Property in Ferndale, MI

      Multi-unit property with commercial zoning in a 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
      View Details
    • $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 residential and commercial potential in 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 opportunities; - Potential for a live-work-play lifestyle; - Modern, stylish living spaces appealing to young professionals and investors
    (248) 288-3500
    Request Owner's contact information
    695 Livernois St Ferndale, MI 48220
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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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