$390,000
$425,000
8.2%For more information regarding the value of a property, please contact us for a free consultation.
561 LIVERNOIS ST Ferndale, MI 48220
3 Beds
2,400 SqFt
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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