150 Livernois St Ferndale, MI 48220
This exceptional 1,235 square foot office space is ideally situated in Ferndale's vibrant Cultural Arts District. The single-tenant occupancy provides privacy and control, perfect for a growing business or established firm. The property boasts ample onsite parking, a significant advantage in this highly desirable location. Monthly rent is $1,900, plus utilities. This location offers unparalleled walkability, with a Walk Score of 82, placing it within easy reach of numerous amenities and attractions. Enjoy the convenience of being just steps away from the Ferndale Project (Eastern Market Brewing Company), adding to the lively and engaging atmosphere of this thriving neighborhood. The modern design and spacious layout create a comfortable and productive work environment. This is a rare opportunity to secure a prime office space in a sought-after area known for its artistic flair and thriving community. The property is ready for immediate occupancy, offering a seamless transition for your business. Don't miss this chance to establish your presence in the heart of Ferndale's dynamic cultural scene. Contact us today to schedule a viewing.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.