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Mixed-Use Property with Separate Entrances
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454 W EIGHT MILE Road, Ferndale, MI 48220

Combines a commercial building with a city-certified residential rental house.

Property Size1,600 SF
Days on Market142

Property Features for 454 W EIGHT MILE Road

General Information

Standard status Active
Size 1,600 SF
Property subtype Mixed Use, Office, Retail

Property Condition

Severity Repairs Needed
Evidence in need of renovations

Building Details

Buildings 2
Construction block
Listing Agency: eXp Realty LLC - Michigan
Listed By: Dmitriy Selektor · License #MI 6506047882
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 30 at 7:22PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty LLC - Michigan

Investment Insights

Based on property information with market context.

This mixed-use property includes a 1,600-square-foot block commercial building with two separate entrances and a 1,400-square-foot residential house at 457 W Bennett. The house is in good condition and has city rental certification, while the commercial space requires renovation. The property is offered as-is.

The commercial building is located at 454-458 W 8 Mile, with the residential component sharing a backyard. A vacant side lot provides the potential for driveway or parking use, or possible expansion. The city does not allow the property to be split, creating a combined commercial and residential configuration suitable for live/work use.

Key Highlights

  • 1,600‑square‑foot block commercial building with two separate entrances
  • 1,400‑square‑foot residential house at 457 W Bennett
  • House has city rental certification and is in good condition

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith Home Appliance Store Garden Center Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

688
Businesses Nearby

Demographics for 48220, MI

21,564
Population
12,003
Households
1.8
Avg Household Size
37
Median Age
53%
College-Educated
96%
High-School Grad
4.4 sq mi
ZIP Area
4,901
Density / Sq Mi
$86,095
Median Household Income
$54,557
Median Earnings
$1,191
Median Rent
$229,700
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Combines a commercial building with a city-certified residential rental house.
Where is this mixed-use property located?
The property is located at 454 W EIGHT MILE Road Ferndale, MI.
What are key features of this property?
This property features: 1,600‑square‑foot block commercial building with two separate entrances; 1,400‑square‑foot residential house at 457 W Bennett; House has city rental certification and is in good condition
More about this property
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