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1805 E 9 Mile Rd 2,644 SF 100% Leased Retail Building Ferndale, MI 48220 $475,000 ($179.65/SF)
INVESTMENT HIGHLIGHTS
- Located on Major Thoroughfare
- Near a Signalized Corner
- High-Visibility
EXECUTIVE SUMMARY
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.
Tenant currently occupies the space until December 31st, 2025.
Tenant currently occupies the space until December 31st, 2025.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,644 SF
Building Class
C
Year Built
1956
Price
$475,000
Price Per SF
$179.65
Percent Leased
100%
Building Height
1 Story
Building FAR
0.32
Lot Size
0.19 AC
Zoning
MXD-2 - Corridor Mixed Use District
Frontage
70’ on 9 Mile Rd
Walk Score®
Very Walkable (81)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 25-26-456-037 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $163,120 |
PROPERTY TAXES
Parcel Number
25-26-456-037
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$163,120
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1805 E 9 Mile Rd
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