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    836 Livernois St Ferndale, MI 48220

    Sponsored
    For Sale
    $1,299,000

    9,326 SF Flex Space, Ready to Occupy

    Property size:
    9,326 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 9,326-square-foot flex space at 836 Livernois Street in Ferndale, Michigan, presents a unique investment opportunity. Priced at $1,299,000 ($139.29/sq ft), this single-tenant building offers a versatile layout ideal for various uses. Built in 1973, the property sits on a 0.38-acre lot and features 15 parking spaces. The 1-story building boasts a 10'4" ceiling height, three grade-level doors (10' x 10' and 10' x 12'), and a 999-square-foot office area. The property is in excellent condition and ready for immediate occupancy. Key features include a fully sprinklered system, a roof-mounted Generac natural gas generator powering the entire building, and a comprehensive security system with cameras. Its location on a mixed-use street allows for industrial, office, and retail uses, and provides convenient access to 8 Mile Road, Woodward Avenue, and I-75. This property is zoned Mxd-2, Mixed Use, offering significant potential for a variety of businesses. The combination of its prime location, functional design, and modern safety features makes this an attractive investment opportunity in the thriving Ferndale market. The property's address is 836 Livernois St, Ferndale, MI 48220.

    Property Features for 836 Livernois St

    General Information

    Property type
    Flex space
    Square Feet
    9,326 SF
    Lot Size
    16,553 SF

    Building Details

    Year Built
    1973
    Buildings
    1
    Stories
    1

    HighLights

    • 9,326 SF Flex Space Available
    • 999 SF Office Area
    • 10'4" Clear Height
    • Three (3) Grade‑Level Doors (10'x10' & 10'x12')
    • MXD‑2 Mixed‑Use Zoning
    • Excellent Condition, Ready for Occupancy
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ferndale
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1421587
    Latitude
    42.4535667

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    FAQs

    What type of property is this?
    Flex space - 9,326 SF Flex Space, Ready to Occupy
    Where is this flex space located?
    The property is located at 836 Livernois St Ferndale, MI.
    What is the asking price?
    The asking price for this property is $1,299,000.
    What are key features of this property?
    This property features: 9,326 SF Flex Space Available; 999 SF Office Area; 10'4" Clear Height
    Request Owner's contact information
    836 Livernois St Ferndale, MI 48220
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    836 Livernois St Ferndale, MI 48220
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