Live - Work Space

Ferndale, MI Live-work Space for Sale

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Triplex with Mixed-Use Zoning
Updated: Jun 5
Triplex with Mixed-Use Zoning

695 Livernois Street, Ferndale, MI 48220

$749,900
3,186 sqft 0.10 AC lot
3,186 square feet across three residential units
Commercial, Multi‑Family, M zoning
0.1‑acre parcel at 695 Livernois Street
Private entry features and basement space
Brick and vinyl exterior with asphalt roof
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Mixed-Use Property with Separate Entrances
Updated: Apr 13
Mixed-Use Property with Separate Entrances

454 W EIGHT MILE Road, Ferndale, MI 48220

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1,600 sqft
1,600‑square‑foot block commercial building with two separate entrances
1,400‑square‑foot residential house at 457 W Bennett
House has city rental certification and is in good condition
Commercial space requires renovation and is offered as‑is
Shared backyard; property cannot be split according to the city
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Mixed-Use Property in Ferndale, MI
Mixed-Use Property in Ferndale, MI

695 Livernois St, Ferndale, MI 48220

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3,986 sqft

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

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Ferndale, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Historic Commercial Farmhouse
Historic Commercial Farmhouse

17526 E 10 Mile Road, Eastpointe, MI 48021

$495,000
2,725 sqft 0.86 AC lot

Commercially zoned farmhouse offering office-ready space, a fenced yard, and an oversized attached garage.

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Flexible Commercial Space
Flexible Commercial Space

W 3135 W McNichols Road Unit SourceFi, Detroit, MI 48221

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2,944 sqft

Two private rooms connect to a kitchen and full bathroom, with plumbing in place for salon or barber operations.

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Mixed-Use Building with Adjacent Parking
Mixed-Use Building with Adjacent Parking

13532 Conant Street, Detroit, MI 48212

$359,000

Main-level commercial space with two upper residential units, plus an adjacent lot for parking convenience.

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Event Hall or Showroom Building
Event Hall or Showroom Building

24850 Gratiot Ave, Eastpointe, MI 48021

Contact for pricing
4,711 sqft

Commercial building with event hall, showroom, and live/work potential.

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Ferndale, MI Live-Work Space Market Trends and Statistics

Explore 3 live-work space for sale in Ferndale, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 8,772 square feet of properties for sale, with an estimated market value of $749,900.

Sale prices for live-work properties in Ferndale, MI average $749,900 — 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

Commercial property segments ranked by active listings on the market

Office Units 32
Creative space 7
Coworking space 3
Office buildings 3

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 average listing prices of real estate assets

Neighborhood Average Price
48220 $749.9K

Taxes & Financing

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

Listings Trend

New vs delisted commercial listings in Oakland County

New Delisted

Total CRE Inventory on Market (SF)

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