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561 LIVERNOIS Ferndale, MI 48220 2303
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Key Details
Sold Price $390,000
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $162
Subdivision Mi
MLS Listing ID 40004558
Sold Date 02/28/20
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 (63258)
Zoning Mixed Use,Commercial,Residential
Interior
Heating Forced Air
Exterior
Waterfront No
Roof Type Asphalt
Building
Foundation Crawl, Slab
Structure Type Other,Vinyl Siding
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash,Conventional
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Bought with KW Professionals