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Renovated Mixed-Use Building
For Sale
Contact for pricing
Pending

504 Livernois St, Ferndale, MI 48220

Mixed-Use 2 zoning supports retail, office, and restaurant uses, with a long-term tenant already in place.

Property SizeContact for details
Days on Market145

Property Features for 504 Livernois St

General Information

Standard status Pending
Property subtype Retail
Zoning Mixed-Use 2

Additional Details

Corner Location Yes

Building Details

Buildings 1
Tenancy Single
Listing Agency: JSA Realtors and Associates
Listed By: Jim Shaffer · License #301702
Source: Crexi
Added: Apr 12 Changed: Sep 3 Last Checked: Sep 2 at 7:47PM

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 JSA Realtors and Associates

Investment Insights

Based on property information with market context.

This renovated mixed-use building at 504 Livernois St features a spacious interior with high ceilings and polished concrete floors. The property is zoned Mixed-Use 2 and accommodates retail, office, or restaurant uses. A current tenant occupies the building under a long-term lease, providing an established income stream.

The property occupies a prominent corner lot in Ferndale along the Livernois Corridor. Its setting includes walkable and bikeable paths, while the corner positioning supports exposure to surrounding pedestrian activity. The combination of updated interior finishes, flexible zoning, and an existing lease offers both operational utility and an established occupancy profile.

Key Highlights

  • Renovated mixed‑use building at 504 Livernois St, Ferndale, MI 48220
  • Mixed‑Use 2 zoning supports retail, office, and restaurant uses
  • Current tenant in place under a long‑term lease

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm HVAC Service Garden Center (Bike/Boat/Book/etc) Store Locksmith Nursing Home

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

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

595
Businesses Nearby
72k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 66% Dining 34%
Wendy's Dining
13,869 visits/mo 0.3 miles
Sunoco Shops & Services
13,606 visits/mo 0.3 miles
BP Shops & Services
10,611 visits/mo 0.3 miles
Bank of America Shops & Services
7,666 visits/mo 0.3 miles
Shell Shops & Services
7,209 visits/mo 0.2 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-Use 2 zoning supports retail, office, and restaurant uses, with a long-term tenant already in place.
Where is this mixed-use property located?
The property is located at 504 Livernois St Ferndale, MI.
What are key features of this property?
This property features: Renovated mixed‑use building at 504 Livernois St, Ferndale, MI 48220; Mixed‑Use 2 zoning supports retail, office, and restaurant uses; Current tenant in place under a long‑term lease
(248) 834-3030 Call to check price and availability
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