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Six-Unit Specialty Property
New
For Sale
$1,389,000

624 Livernois St, Ferndale, MI 48220

An attached garage and on-site parking complement the building’s multi-unit layout.

Property Size9,374 SF
Days on Market2

Property Features for 624 Livernois St

General Information

Standard status Active
Size 9,374 SF
Total Parking Spaces 20
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $11,364

Building Details

Building Size 9,374 SF
Year Built 1963
Construction block structured
Tenancy Multi
Listing Agency: @properties Christie's Int'l R.E. Birmingham
Listed By: Susan M Lozano
Source: Elliman
Added: Sep 24 Changed: Sep 25 Last Checked: Sep 24 at 2:43PM

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 @properties Christie's Int'l R.E. Birmingham

Investment Insights

Based on property information with market context.

Built in 1963, this block-structured specialty property contains six units with areas listed as 470 square feet, 850 square feet, 2,200 square feet for Units 300 and 400, 1,600 square feet, and 1,400 square feet. An attached garage adds approximately 600 square feet and has a 12-foot-by-10-foot door.

The property provides 20 on-site parking spaces, with additional street parking noted. Storage is available with occupied spaces, and some leases have longer terms.

Key Highlights

  • Six units with listed areas of 470, 850, 2,200, 1,600, and 1,400 square feet
  • Attached garage of approximately 600 square feet
  • Garage door measures 12' x 10'

Property Analytics

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Current Use

Specialty properties

Suggested Use

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

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,062
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
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Frequently Asked Questions

What type of property is this?
Specialty property - An attached garage and on-site parking complement the building’s multi-unit layout.
Where is this specialty property located?
The property is located at 624 Livernois St Ferndale, MI.
What is the asking price?
The asking price for this property is $1,389,000.
What are key features of this property?
This property features: Six units with listed areas of 470, 850, 2,200, 1,600, and 1,400 square feet; Attached garage of approximately 600 square feet; Garage door measures 12' x 10'
More about this property
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