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    Live-Work Triplex Property
    Updated: Jun 5
    Live-Work Triplex Property

    695 Livernois, Ferndale, MI 48220

    $749,900
    3,986 sqft
    Tri‑unit live‑work property with mixed‑use zoning for flexible residential and commercial use
    Year built: 1942
    Offers residential living space plus commercial‑ready potential within the same property
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    This listing looks promising.

    Here's a quick look at some key insights for

    695 Livernois, Ferndale, MI 48220

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    • Est. Cap Rate

      7%
      Above avg (5.9%)

    • Est. NOI

      $53K
      Annual

    • Price @ 7% Cap

      $754K
      Above asking

    • Property Type

      Single Family Residence
      Built 1942
    View Property Analytics
    Tri-Unit Live-Work Property
    Updated: Jun 5
    Tri-Unit Live-Work Property

    695 Livernois Street, Ferndale, MI 48220

    $749,900
    3,186 sqft 0.10 AC lot
    Tri‑unit mixed‑use property with mixed‑use zoning for live‑work possibilities
    Built in 1942 with brick and vinyl exterior materials
    Forced‑air heating with central air conditioning
    Asphalt shingle roof and public water service
    Includes a basement and multiple bedrooms and bathrooms (Bedrooms 1–5; Bathrooms 1–5)
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    Ferndale Office Space For Sale
    Ferndale Office Space For Sale

    150 Livernois St, Ferndale, MI 48220

    $299,000
    1,235 sqft

    Office space in Ferndale's Cultural Arts District, walkable location.

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    Ferndale Office Building For Sale
    Ferndale Office Building For Sale

    1415 Wordsworth St, Ferndale, MI 48220

    $975,000
    6,279 sqft

    Office property for sale in Ferndale, Michigan.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Ferndale Office Loft For Lease
    Ferndale Office Loft For Lease

    130 E 9 Mile Rd, Ferndale, MI

    Contact for pricing
    12,466 sqft 0.26 AC lot

    Class A office space in a vintage, urban loft building.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 5 Active listings in Ferndale, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads, 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.

    Warehouse and Office with Upgrades
    Warehouse and Office with Upgrades

    1021 E State Fair, Detroit, MI 48203

    $249,900
    2,000 sqft

    Flexible commercial space with warehouse and office, conveniently located.

    View details
    Two-Story Office Complex with Annex
    Two-Story Office Complex with Annex

    10421 W Seven Mile Rd, Detroit, MI 48221

    Contact for pricing
    28,448 sqft

    Two-story office complex with large training annex and secured parking, with strong Seven Mile Road signage exposure.

    View details
    High-Traffic Corner Commercial Parcel
    High-Traffic Corner Commercial Parcel

    415 N Main St, Royal Oak, MI 49651

    $450,000

    Prime development opportunity at a bustling intersection in Lake City.

    View details
    Downtown Royal Oak Office Building
    Downtown Royal Oak Office Building

    117 W 4th St, Royal Oak, MI 48067

    Contact for pricing
    15,000 sqft

    Office building in prime Royal Oak location, 15000 square feet.

    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.

    Land for Sale
    Land for Sale

    637-651 Livernois Street, Ferndale, MI 48220

    $495,000

    Land available for sale in Ferndale, Michigan.

    View details
    Land For Sale
    Land For Sale

    16625 Hamilton Ave, Highland Park, MI 48203

    $30,000

    Land available for sale in Highland Park, MI.

    View details
    Commercial Lot on Livernois Road
    Commercial Lot on Livernois Road

    15738 LIVERNOIS Avenue, Detroit, MI 48238

    $65,000
    0.05 AC lot

    Commercial vacant lot for sale in Detroit, Michigan.

    View details
    Detroit Land Zoned B4
    Detroit Land Zoned B4

    15310 LA SALLE Boulevard, Detroit, MI 48238

    Contact for pricing
    0.29 AC lot

    Commercial land in Detroit, suitable for infill development.

    View details

    Off-Market Properties in Ferndale, MI

    Consider similar Off-Market properties in Ferndale, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    400 Marshall St
    OFFICE BUILDING

    400 Marshall St, Ferndale, MI 48220-2419

    Value Estimation by Request
    2,400 sqft 0.16 AC lot
    View details
    800 Livernois St
    OFFICE BUILDING

    800 Livernois St, Ferndale, MI 48220-2309

    $550,000
    Estimated value
    7,688 sqft 0.37 AC lot
    View details
    1900 Hilton Rd
    OFFICE BUILDING

    1900 Hilton Rd, Ferndale, MI 48220-1923

    Value Estimation by Request
    2,600 sqft 0.19 AC lot
    View details
    22840 Woodward Ave
    OFFICE BUILDING

    22840 Woodward Ave, Ferndale, MI 48220-1735

    $1,325,000
    Estimated value
    13,008 sqft 0.18 AC lot
    View details
    22305 Woodward Ave
    OFFICE BUILDING

    22305 Woodward Ave, Ferndale, MI 48220-1816

    Value Estimation by Request
    959 sqft 0.06 AC lot
    View details
    701 Woodward Hts
    OFFICE BUILDING

    701 Woodward Hts, Ferndale, MI 48220-1492

    $630,000
    Estimated value
    16,285 sqft 1.58 AC lot
    View details
    1401 Farrow St
    OFFICE BUILDING

    1401 Farrow St, Ferndale, MI 48220-1981

    $2,835,000
    Estimated value
    52,895 sqft 4.39 AC lot
    View details
    660 Livernois St
    OFFICE BUILDING

    660 Livernois St, Ferndale, MI 48220-2304

    Value Estimation by Request
    1,518 sqft 0.11 AC lot
    View details
    1411 9th Mile Rd
    OFFICE BUILDING

    1411 9th Mile Rd, Ferndale, MI 48220-2026

    Value Estimation by Request
    2,400 sqft 0.10 AC lot
    View details
    21950 Woodward Ave
    OFFICE BUILDING

    21950 Woodward Ave, Ferndale, MI 48220-2519

    Value Estimation by Request
    1,283 sqft 0.28 AC lot
    View details
    2840 Hilton Rd
    OFFICE BUILDING

    2840 Hilton Rd, Ferndale, MI 48220-1015

    Value Estimation by Request
    2,710 sqft 0.19 AC lot
    View details
    22041 Woodward Ave
    OFFICE BUILDING

    22041 Woodward Ave, Ferndale, MI 48220-2520

    Value Estimation by Request
    4,136 sqft 0.29 AC lot
    View details
    1111 9th Mile Rd
    MEDICAL BUILDING

    1111 9th Mile Rd, Ferndale, MI 48220-1219

    Value Estimation by Request
    2,403 sqft 0.30 AC lot
    View details
    2040 Hilton Rd
    OFFICE BUILDING

    2040 Hilton Rd, Ferndale, MI 48220-1575

    Value Estimation by Request
    2,775 sqft 0.21 AC lot
    View details
    23340 Woodward Ave
    OFFICE BUILDING

    23340 Woodward Ave, Ferndale, MI 48220-1302

    Value Estimation by Request
    986 sqft 0.06 AC lot
    View details
    380 Hilton Rd
    OFFICE BUILDING

    380 Hilton Rd, Ferndale, MI 48220-3546

    Value Estimation by Request
    4,800 sqft 0.20 AC lot
    View details
    901 Livernois St
    OFFICE BUILDING

    901 Livernois St, Ferndale, MI 48220-2319

    Value Estimation by Request
    2,291 sqft 0.22 AC lot
    View details
    1915 9th Mile Rd
    OFFICE BUILDING

    1915 9th Mile Rd, Ferndale, MI 48220-2061

    Value Estimation by Request
    1,710 sqft 0.18 AC lot
    View details
    3345 Hilton Rd
    OFFICE BUILDING

    3345 Hilton Rd, Ferndale, MI 48220-3607

    Value Estimation by Request
    1,192 sqft 0.04 AC lot
    View details

    Ferndale, MI Office Spaces Market Trends and Statistics

    Explore 72 office spaces for sale in Ferndale, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 14,686 square feet of properties for sale, with an estimated market value of $2,773,800.

    Sale prices for office spaces in Ferndale, MI start at $299,000, averaging $693,450, and reaching up to $975,000 — 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

    Commercial property segments ranked by active listings on the market

    Office Units 10
    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 average listing prices of real estate assets

    Neighborhood Average Price
    48220 $718K

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Oakland County

    Retail

    Residential Income

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