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Flex Building with Garage Doors
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810 Livernois, Ferndale, MI 48220

The building features a brick exterior, expansive windows, private parking, and MXD-2 zoning in Ferndale.

Property Size4,177 SF
Price / SF$0.00
Days on Market362

Property Features for 810 Livernois

General Information

Standard status Active
Size 4,177 SF
Property subtype Office
Zoning MXD-2

Building Details

Building Size 4,177 SF
Listing Agency: Colliers
Listed By: Gary P. Grochowski
Source: Cpix.resimplifi
Added: Oct 20, 2025 Changed: Oct 1 Last Checked: Oct 14 at 7:54PM

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 Colliers

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Investment Insights

Based on property information with market context.

Located at 810 Livernois in Ferndale, this 4,177 SF flex building combines a clean brick exterior with large floor-to-ceiling windows and a mid-century modern design. Two overhead garage doors and a private parking lot add practical functionality for commercial operations. MXD-2 zoning is in place, and the property is positioned for office, retail, light industrial, or residential conversion uses.

The site offers access to I-75 and Woodward Avenue and is close to downtown. Its existing configuration and combination of office, storefront, and garage-oriented features create a flexible commercial building profile for a range of potential applications.

Key Highlights

  • 4,177 SF flex building at 810 Livernois in Ferndale, MI
  • MXD‑2 zoning with office, retail, light industrial, and residential conversion suitability
  • Private parking lot with 2 overhead garage doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,379
Suggested Prices Based on Cap Rates
Cap Rate 5%
$287,580 $287.6K
Cap Rate 7%
$205,414 $205.4K
Cap Rate 9%
$159,767 $159.8K
Market Conditions
NOI Build-Up for 4,177 SF
Gross rent
$25.1K $6.00/SF
− Vacancy
−$5.9K −$1.41/SF
EGI
$19.2K $4.59/SF
− OpEx
−$4.8K −$1.15/SF
NOI
$14.4K $3.44/SF
Area
Oakland County, MI
Vacancy
23.50%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$287,580
Cap Rate 7%
$205,414
Cap Rate 9%
$159,767

Alternative Uses

Best Use
Flex RnD
$617.2K
$540.0K – $720.0K (±1% cap)
NOI $43,202 @ 7.0% cap · market cap 332,323.08%
Second Best
Industrial
$295.7K
$258.7K – $344.9K (±1% cap)
NOI $20,696 @ 7.0% cap · market cap 159,200.00%
Theoretical Best
Specialty Retail
$900.9K
$788.3K – $1.05M (±1% cap)
NOI $63,066 @ 7.0% cap · market cap 485,123.08%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Law Firm Dental Office (Bike/Boat/Book/etc) Store Garden Center Nursing Home Computer & Electronic Repair

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

1,269
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

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 - The building features a brick exterior, expansive windows, private parking, and MXD-2 zoning in Ferndale.
Where is this flex space located?
The property is located at 810 Livernois Ferndale, MI.
What are key features of this property?
This property features: 4,177 SF flex building at 810 Livernois in Ferndale, MI; MXD‑2 zoning with office, retail, light industrial, and residential conversion suitability; Private parking lot with 2 overhead garage doors
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