561 Livernois St

    Ferndale, MI 48220
    • $425,000
    • STATUS: Active
    • ON SITE: 22 days
    • MLS #: R219109780
    UPDATED: 25 min ago
    $425,000
    • 0
      BEDS
    • 0.4
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,400
      SQFT
    • $177
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1928
    County:

    School Ratings & Info

    Description

    This multi-use MXD-2 zoned property located in the growing city of Ferndale offers endless opportunities to its new owner(s)! The property includes two structures - one operating as retail the other as a private gym. The new owners(s) have the opportunity to run a gym, boutique, art gallery, fitness center, nail salon, office space or whatever they desire. This property affords the following options to the next owner(s): Live in the residential structure while running your business in the back bldg. Or rent that space out; run your business out of one structure and rent the other or team up with another local business owner to purchase together. Rent out both spaces to local businesses (total est. rent based on previous tenants & offers is approx. $3500/mo). Axle Brewery located directly next door has been purchased by long-time established Detroit company/brand affording a great opportunity for your establishment to thrive! PLEASE SEE FURTHER DETAILS IN DOCS!

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    © 2019 Ann Arbor Area Association of Realtors Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices Snyder & Company, Realtors®. Data last updated: 2019-11-17T23:11:40.58.
    www.bhhssnyder.com/homes/100286788

    561 Livernois St Ferndale, MI 48220

    • Price: $425,000
    • Status: Active
    • Updated: 25 min ago
    • MLS #: R219109780
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.4
    Acres
    2,400
    SQFT
    $177
    $/SQFT
    1928
    Built
    Neighborhood:
    Glr Out Of Area
    County:
    Oakland
    Area:
    Glr Out Of Area
    Property Description
    This multi-use MXD-2 zoned property located in the growing city of Ferndale offers endless opportunities to its new owner(s)! The property includes two structures - one operating as retail the other as a private gym. The new owners(s) have the opportunity to run a gym, boutique, art gallery, fitness center, nail salon, office space or whatever they desire. This property affords the following options to the next owner(s): Live in the residential structure while running your business in the back bldg. Or rent that space out; run your business out of one structure and rent the other or team up with another local business owner to purchase together. Rent out both spaces to local businesses (total est. rent based on previous tenants & offers is approx. $3500/mo). Axle Brewery located directly next door has been purchased by long-time established Detroit company/brand affording a great opportunity for your establishment to thrive! PLEASE SEE FURTHER DETAILS IN DOCS!
    Exterior Features

    Construction Other Doors At Grade 0 Foundation CrawlSlab Loading Docks 0 Lot Dimensions 182X80 Parking Spaces 0

    Interior Features

    Basement No Building Sq Ft 2400.0 Clear Ceiling Height 0.00 Heat Source Gas Heat Type Forced AirGas Office Sq Ft 0 Restrooms 0 Retail Sq Ft 0 Total Sq Ft 2400.0

    Property Features

    Annual Operating Expenses 0.00 Approx Inventory Amount 0 Associations Realcomp Building Value 0 Certified Year 0 City Or Township City Commercial Subtype Industrial Cost Of Goods Sold 0 Deposit 0.00 Electric Amount 0 Equipment Value 0 Financing Terms Cash Goodwill Amount 0 Gross Income Amount 0 Gross Sales Amount 0 Income Year 0 Janitorial Amount 0 Land Value 0 Lease Amount 0 Legal Description T1nR11eSec 33 Harrington Woods Sub W 144.74 Ft Of Lot 41Also W 144.92 Ft Of Lot 42 Less Oper Expenses Amount 0 Maintenance Amount 0 Net Income Amount 0.00 Ownership Private Owned Present Use OfficeRecreationRetail State Eq Value 122750 State Eq Value Year 0 Summer Taxes 0.00 Summer Taxes Year 0 Tax Value 80490 Tax Year 0 Water Amount 0 Water Type Public Winter Taxes 0.00 Winter Taxes Year 0 Zoning CommercialResidential

    Listing provided courtesy of Kw Professionals.


    © 2019 Ann Arbor Area Association of Realtors Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices Snyder & Company, Realtors®. Data last updated: 2019-11-17T23:11:40.58.
     
    Berkshire Hathaway HomeServices Snyder & Company, Realtors®
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    Ann Arbor MI, 48105