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.
Attractive and well maintained with $500,000 in updates to this block structured building. Another highlight is the 20 parking spaces provided and additional street parking. There are 6 good sized units in the structure, and also a 600 foot garage, with a 12x10 garage door. The spaces occupied in this multi unit building come with ample storage as well, and some have been leased with longer term leases. Six Units: #100 470 sq. ft., #200 850 sq. ft., #300 & #400 2,200 sq. ft., #500 1,600 sq. ft., #600 1,400 sq. ft., Large attached garage with approximately 600 sq. ft. Also featuring 12' x 10' garage door. Come take a look and be impressed. All measurements approximate. BATVAI.
Investment Opportunity ââ?¬â?? Livernois Corridor Located along the developing Livernois corridor, this former gas station property offers flexibility for a range of potential uses. The building includes two large bay doors, two restrooms, an office area, and a spacious service bay. The property is zoned MDX-1 (Neighborhood Mixed-Use), allowing for various redevelopment Nearby businesses include Olive's Boombox, Secret Bakery, and Ferndale Project brewery. The zoning does not permit for automotive use.
Two Woodward Avenue addresses are better than one! This live/work space on the prestigious Woodward Avenue (M1) is a must see piece of prime real estate in the heart of bustling Downtown Ferndale, where boredom is impossible. This gem is the versatile way of the future. Welcome to 22917 (upstairs residential space) ,22919 (downstairs commercial space) on Woodward Avenue. Live upstairs in the modernized, trendy mini penthouse, and run your own successful business downstairs, -OR- Work downstairs and rent out the upstairs mini penthouse for solid monthly income. Or you can live upstairs and rent the downstairs to a business for solid monthly income. The options are endless at this multi-use, recently renovated property. HIGLIGHTED FEATURES: Convenient parking, updated one-bed/one-bath mini penthouse with a lower rooftop access (new roofing) and the luxuriously renovated first floor business space, featuring beautiful appointments and spacious kitchenette-style break room/bathroom. Both levels have amazing views of the legendary Woodward Avenue. Basement for storage/utilities. Furnace and Central Air downstairs. Radiant Heat and wall unit upstairs. Seller is a licensed Realtor. Proof of funds/Pre-approved buyers only! Buyer to verify all information, measurements, etc.
Courtesy: Greater Development LLC
Brady Williams
Heritage Apartments is a meticulously renovated mixed-use asset comprising 12 luxury apartment units and two prime retail spaces, ideally situated in the core of Ferndale, Michigan. The property commands a premier position on Ferndale's most highly walkable and desirable street, offering residents and commercial tenants immediate access to a dense cluster of sought-after retail and restaurant destinations. The asset underwent an extensive, top-to-bottom gut renovation between 2023 and 2024, featuring comprehensive upgrades including a new roof, updated electrical and plumbing systems, new HVAC, refreshed common areas, and complete interior unit renovations. This revitalization ensures that every section of the property has been modernized, positioning it as the trophy asset in the Ferndale market.
This property offers a strong opportunity for an owner-occupant or investor, with a freestanding retail building featuring 2,644 square feet of commercial space on a 0.19-acre lot. Built in 1956, it provides high visibility and is just minutes away from downtown Ferndale and just west of I-75. The site includes ample parking. Zoned MXD-2 and surrounded by a thriving commercial and residential community, this property is well-positioned for long-term growth within the Ferndale-Royal Oak area.
Ferndale is located in Michigan. Ferndale, Michigan has a population of 19,414. Ferndale is less family-centric than the surrounding county with 27.64% of the households containing married families with children. The county average for households married with children is 32.55%.
The median household income in Ferndale, Michigan is $79,181. The median household income for the surrounding county is $86,275 compared to the national median of $69,021. The median age of people living in Ferndale is 35.1 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 19 degrees. The average rainfall is approximately 33.3 inches per year, with 33.8 inches of snow per year.
