Search
Multi-Unit Flex Warehouse Building
For Sale
$1,389,000

624 Livernois Street, Ferndale, MI 48220

Well-maintained multi-unit building with six units, ample storage, a 20-space parking lot, and an attached 12' x 10' garage door.

Property SizeContact for details
Days on Market217

Property Features for 624 Livernois Street

General Information

Standard status Active
Property subtype Other

Taxes and HOA fees

Annual Taxes $11,364

Amenities

3
157x117

Building Details

Year Built 1963
Listing Agency: @properties Christie's Int'l R.E. Birmingham
Listed By: Susan Lozano
Source: Xome
Added: Feb 2 Changed: Sep 2 Last Checked: Sep 7 at 5:42AM

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.

This well-maintained block-structured flex/warehouse building features six good-sized units with ample storage. The property also includes an attached garage of approximately 600 sq. ft. with a 12' x 10' garage door, and recent improvements totaling $500,000. Unit sizes include approximately 470 sq. ft. (#100), 850 sq. ft. (#200), 2,200 sq. ft. each (#300 and #400), 1,600 sq. ft. (#500), and 1,400 sq. ft. (#600), with all measurements approximate.

The property provides 20 parking spaces, plus additional street parking.

Some spaces are noted as having been leased with longer-term leases, while others remain available as part of this multi-unit configuration.

Key Highlights

  • Well‑maintained multi‑unit building with $500,000 in updates to a block‑structured building
  • 6‑unit layout with unit sizes including 470 SF (#100), 850 SF (#200), 2,200 SF (#300 & #400), 1,600 SF (#500), and 1,400 SF (#600)
  • Off‑street parking for 20 vehicles plus additional street parking

Property Analytics

Current Use

Flex space

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.

Location Intelligence

Trade Area within ½ mile

1,062
Businesses Nearby
Balanced
Demand for This Use

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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • The Gripper Food Truck 20504 Livernois, Detroit, MI 48221
  • Durden's Catering 20504 Livernois, Detroit, MI 48221
  • WeWillCook4U 20504 Livernois, Detroit, MI 48221
  • Jackson's Five Star Catering 20504 Livernois, Detroit, MI 48221
  • Quarton Catering 22020 Woodward Ave, Ferndale, MI 48220

Frequently Asked Questions

What type of property is this?
Flex space - Well-maintained multi-unit building with six units, ample storage, a 20-space parking lot, and an attached 12' x 10' garage door.
Where is this flex space located?
The property is located at 624 Livernois Street 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: Well‑maintained multi‑unit building with $500,000 in updates to a block‑structured building; 6‑unit layout with unit sizes including 470 SF (#100), 850 SF (#200), 2,200 SF (#300 & #400), 1,600 SF (#500), and 1,400 SF (#600); Off‑street parking for 20 vehicles plus additional street parking
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message