695 Livernois Ferndale, MI $ 925,000
695 Livernois
$ 925,000
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695 Livernois

Ferndale, MI, 48220
$ 925,000
Bedrooms-- Baths-- Sq 3,986

Monthly Estimate*

$ 5,771

695 Livernois, Ferndale, MI 48220 - Image 1
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695 Livernois, Ferndale, MI 48220 - Image 7
695 Livernois, Ferndale, MI 48220 - Image 8

Commercial Property for sale in Ferndale, MI

for $925,000. This 3,986 square foot building was built in 1942 on a lot size of 0.1.

Discover the future of living and investing—a seamlessly blended residential and commercial opportunity tailored for the ambitious young professional or savvy investor. This unique multi-unit property not only offers stylish, modern living spaces but also features mixed-use zoning, allowing you to dream big and diversify your investment portfolio. Whether you envision a bustling storefront, a chic salon, a Law Office, a Boutique Hotel, a profitable Airbnb venture, or a mixture of all - this property is your canvas. A one-of-a-kind investment breathing new meaning into the phrase Live-Work-Play. Seize the opportunity to shape your future in a place where lifestyle meets opportunity. This property is not just a building; it’s a gateway to a life of entrepreneurial freedom and residential bliss in one of the most spirited neighborhoods in Michigan. Engage with a property that will grow with your ambitions. Schedule your visit today and explore how your vision can turn into reality. BATVAI.

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Commercial Active

Price

$ 925,000

Property Type

Commercial

Taxes

$ 7,173

Style

BusinessandRealEstate

Lot Size

0.1

Year Built

1942

Town/City

Ferndale

County/Region

Oakland

MLS | Web ID

20251060312

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling CentralAir
Possession Negotiable
Roof Asphalt
Garage Spaces 0.0
Construction Materials Brick VinylSiding
Exclusions Exclusion(s) Do Not Exist
Year Built 1942
Levels Two
Property Subtype BusinessandRealEstate
Current Use Commercial MedicalDental MixedUse MultiFamily Office Residential Retail Vacant
Business Type Apartments Commercial HotelMotel Mixed ProfessionalOffice Residential Retail Service
Accessibility AccessibleCommonArea
County Oakland
Net Operating Income 87705.0
Operating Expense 22020.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Garage Y/N Y
Building Features Sidewalks
Status Active
Directions N of 8 Mile Rd. & W of Woodward Ave
City FerndaleCity_Oakland
Disclosures ExclusionsDoNotExist
Senior Community Y/N N
High School District Ferndale
Zoning Description Commercial MultiFamily Multiple Office
Number Of Units Total 4
MLS Area Area02258Ferndale
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 0
Land Lease Y/N N
Tax Annual Amount 7173.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Vacant
Tax Assessed Value 88980
Expected Active Date 2025-12-16
Legal Description T1N R11E SEC 33 POAD SUB LOTS 55 & 56 ALSO 1/2 OF VAC ALLEY ADJ TO SAME
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Exterior
Parking Features Assigned Garage OnSite OnStreet
Water Source Public
Foundation Details Basement Block
Spa N
Building Area Total 3986.0
Lot Dimensions 41 x 110
Lot Size Acres 0.1
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 3986.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 695
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* Excluded Features
List By
Alina Valentine

Listing Agent

Kw Metro

Broker

(248) 288-3500

Phone

Affordability Calculator

$6,369
Per Month
91%
9%
0%
Monthly Principal & Interest
$5,771
Monthly Property Taxes
$598
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
848457 Elementary School
847983 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/16/2025$925,000 Listed Price

Map


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695 Livernois, Ferndale, MI, 48220 is a Commercial Property for sale at $925,000 with 3,986 sqft and a lot size of 0.1. 695 Livernois was built in 1942. The property's zip code is 48220 which is in Ferndale, MI