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    Ferndale, MI Live-work Space for Sale

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    Oak Park, MI Detroit, MI Royal Oak, MI
    Mixed-Use Investment Opportunity
    $775,000
    3,186 SF

    Mixed-Use Investment Opportunity

    695 Livernois Street, Ferndale, MI 48220

    Live, work, and play in spirited Ferndale, Michigan.

    • Mixed‑use zoning allows for diverse commercial and residential opportunities (storefront, salon, office, Airbnb, etc.).
    • Potential for live‑work‑play lifestyle.
    • Modern living spaces suitable for young professionals.
    • Investment property with potential for diversification.
    • Located in a spirited neighborhood in Michigan.
    Updated: Feb 21
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    Mixed-Use Property in Ferndale, MI
    $775,000

    Mixed-Use Property in Ferndale, MI

    695 Livernois St, Ferndale, MI 48220

    Mixed-use property offering residential and commercial opportunities in Ferndale.

    • Mixed‑use zoning offers diverse opportunities.
    • Ideal for young professionals or investors, suitable for both residential and commercial ventures.
    • High walk score (76) means convenient access to amenities.
    • High bike score (80) means convenient access to biking routes.
    • Modern living spaces offer stylish and comfortable residential options.
    Updated: Apr 24
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Ferndale, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Detroit Commercial Building with Apartment
    $85,000
    2,038 SF

    Detroit Commercial Building with Apartment

    Commercial building with storefront and apartment for live/work or income.

    13419 Fenkell Street, Detroit, MI 48227
    View details
    Turnkey Jackson Icon Business Opportunity
    $500,000
    4,754 SF

    Turnkey Jackson Icon Business Opportunity

    Turnkey business with live performance potential and living quarters.

    300 W North Street, Jackson, MI 49202
    View details
    Commercial Property Ready For Renovation
    Contact for pricing
    0.20 Acres

    Commercial Property Ready For Renovation

    Commercial property with flexible space, ideal for investors or owner-users.

    1011 Lansing Ave, Jackson, MI 49202
    View details
    Mixed-Use Building in Detroit
    $74,900
    0.09 Acres

    Mixed-Use Building in Detroit

    Two-unit building with commercial zoning and adjacent vacant lot.

    20331 Fenkell Street, Detroit, MI 48223
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Kalamazoo Land For Sale
    $55,000
    0.16 Acres

    Kalamazoo Land For Sale

    Land zoned Live Work 1 with downtown views.

    209 E North Street, Kalamazoo, MI 49007
    View details
    Grand Rapids Retail Opportunity
    $1,475,000
    7,316 SF

    Grand Rapids Retail Opportunity

    Retail property in growing Grand Rapids market with development potential.

    407 Turner Avenue NW, Grand Rapids, MI 49504
    View details
    Spacious Commercial Building on M-65
    $480,000
    5,500 SF

    Spacious Commercial Building on M-65

    Large commercial building with living space on heavily traveled M-65.

    4271 N M-65, Hale, MI 48739
    View details
    Land in Jackson Center, OH
    $59,900
    0.27 Acres

    Land in Jackson Center, OH

    Commercial land suitable for business with residential potential in Jackson Center.

    406 E Pike Street, Jackson Center, OH 45334
    View details

    Ferndale, MI Live-Work Space Investment Opportunities Market Analysis

    Explore 2 live-work space for sale in Ferndale, MI on our real estate platform. These investment opportunities span a total of 3,186 square feet of properties for sale, with an estimated market value of $775,000.

    Sale prices for live-work properties in Ferndale, MI start at $775,000, averaging $775,000, and reaching up to $775,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Office Units 20
    Creative space 3
    Office buildings 2

    Demographics Overview

    Population 22K
    Population Growth (5Y) -5.7%
    Median Household Income $86,095
    College Educated 72.2%

    High-Yield Neighborhoods for Investment

    Identify Ferndale submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    48220 $775K

    Taxes & Financing

    Tax Rate (average for all types) 4.51%
    Property Tax per SF $25.33 per sq ft
    Average Loan-to-Value 65.0%

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