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Property profile & analytics
FOR SALE
Office buildings

150 Livernois St Ferndale, MI 48220

1,228 SF 0.33 ac lot Built 1960
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US43-1594218
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1960
Total area 1,228 SF
Lot 0.33 ac (14,375 SF)
APN 24-25-34-351-037
UPID US43-1594218
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Ferndale Design LLC · 1 yrs held
Ferndale Design LLC
since 2024
2 recorded transactions
2024
Price N/A
2023
$170,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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