145 W 9 Mile Rd - Storefront FOR SALE


Ferndale, MI 48220- Downtown Ferndale
$679,000 USD
248-727-3869
145 W 9 Mile Rd, Ferndale, MI for Sale
$679,000 USD
Storefront - FOR SALE
1/9
null | Request Cap Rate

145 W 9 Mile Rd
Ferndale, MI 48220
Downtown Ferndale


OVERVIEW

Bring your creativity and business to Downtown Ferndale. 145 West 9 Mile Road is one of the first buildings you will spot pulling in from Woodward Avenue into the heart of Ferndale’s lively Downtown corridor on 9 Mile Road. This property features a spacious 1,706 square feet of near blank slate interior space, plus a beautiful rear patio area. Whether it serves as a retail space, office, restaurant/bar, investment property, or other use, this commercial building is ready to help fulfill your goals in a prime location. Purchased in 2020 as an Opportunity Zone property, and completely remodeled circa 2022, updates to the building include the commercial roof, hvac, freshly concreted spacious patio, windows/frames, flooring, ceiling, lighting, dry wall, and more. This gem also currently has one bathroom, but was strategically set up with the plumbing so that a second bathroom could easily be added in one of the existing rooms. No expense was spared during renovations. Short walking distance to the recently built public parking garage and other city parking lots (city parking permits available). Additional Notes: Seller is the listing agent. No land contracts. Tenant is selling their business and moving out. Closing would need to be after August 1, 2025. Buyer’s agent to verify all information and measurements. Proof of funds required.

FOR SALE DETAILS

PRICE

$679,000 USD

PRICE/SF

$398 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,342 SF

ZONING

BI

APN/PARCEL ID

25-34-126-015

ASK ABOUT THIS PROPERTY

Omar GeorgeNational Realty Centers, IncMore Info
248-727-3869

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Omar GeorgeNational Realty Centers, IncMore Info
248-727-3869

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.