Ferndale, MI 48220,561 LIVERNOIS ST

$390,000

Est. payment /mo

$425,000

8.2%
Est.Price: ?

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561 LIVERNOIS ST Ferndale, MI 48220

3 Beds

2,400 SqFt

SOLD DATE : 02/28/2020

Key Details

Sold Price $390,000

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 2,400 sqft

Price per Sqft $162

Subdivision Harrington Woods Sub

MLS Listing ID 219119627

Sold Date 02/28/20

Bedrooms 3

Originating Board Realcomp II Ltd

Year Built 1928

Annual Tax Amount $6,097

Lot Size 0.400 Acres

Acres 0.4

Lot Dimensions 182x80

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!

Location

State MI

County Oakland

Area Ferndale

Zoning Commercial,Multiple,Residential

Direction South of 9 Mile & West of Livernois

Interior

Heating Forced Air

Heat Source Natural Gas

Exterior

Roof Type Asphalt

Road Frontage Paved

Building

Foundation Crawl, Slab

Sewer Sewer-Sanitary

Water Municipal Water

Level or Stories 1 Story

Structure Type Vinyl,Other

Schools

School District Ferndale

Others

Tax ID 2533435036

Ownership Private Owned,Short Sale - No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Full Service

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Realcomp MLS
Listed by Jeff Glover of KW Professionals
Bought with KW Professionals

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