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.
General Information
Sale Price: $3,500,000
Price/SqFt: $304
Status: Active
MLS#: rcomi20261000967
Originating MLS: Realcomp2
City: ferndale
Post Office: fenton
Schools: ferndale
County: Oakland
Acres: 0.12
Lot Dimensions: Irregular
Size: 11,528 sq.ft.
Acreage: 0.12 est.
Year Built: 1940
Property Type: Commercial
Style:
Tax, Fees & Legal
Est. Summer Taxes: $31,027 Est. Winter Taxes: $4,000
