530 Livernois StFerndale, MI 48220

  • Industrial properties
  • 11,035 SF
For Lease
$12/SF/YR View listing

Property Details for 530 Livernois St

Year built
1956
Lot size
0.68 AC
Property size (Sq ft)
11,035 SF
Zone code
BI
Property type
Industrial properties
Property subtype
Other warehouses
APN
24-25-34-301-068
APU
242534301068

Description

This exceptional executive office space, located at 530 Livernois in Ferndale, Michigan, presents a unique opportunity for a single tenant. The property boasts a total of 11,087 square feet of vacant, readily available space, perfect for a business seeking a prominent location. The building is zoned Mixed Use II, offering flexibility for various business operations. Ample parking is provided with 36 spaces available for employees and clients. Situated in Oakland County, this property benefits from a convenient location in the vibrant city of Ferndale, with easy access to major transportation routes. The entire 11,087 square feet is available for lease as a single tenant space, providing a significant opportunity for a company seeking a substantial and well-appointed office environment. The address is 530 Livernois, Ferndale, MI 48220. This is a single-tenant occupancy property, ideal for a business requiring a large, contiguous space. The property's size and parking capacity make it suitable for a variety of businesses, from professional services to creative agencies. The Mixed Use II zoning allows for a range of potential uses, subject to local regulations. This prime location in Ferndale offers excellent visibility and accessibility.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,627,028
    Hospitality
    $2,406,344
    Educational
    $2,002,050
    Medical
    $2,070,903
    Retail
    $3,114,300
530 Livernois St, Ferndale, Michigan

Location Insight

City
Ferndale
County
Oakland
State
Michigan
Latitude
42.45
Longitude
-83.1421
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,340
-
-
$239,890
-
-
-
$479,780

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