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345 E 9 Mile Rd
Ferndale, MI 48220
OTUS SUPPLY · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Pristine Music and Concert Venue with High End Restaurant
  • On Site and Street and Lot Parking
  • Class C Liquor License

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
11,028 SF
Building Class
B
Year Built/Renovated
1950/2016
Tenancy
Single
Building Height
2 Stories
Building FAR
0.46
Lot Size
0.55 AC
Zoning
Central Business District - cbd
Parking
32 Spaces (2.9 Spaces per 1,000 SF Leased)
Frontage
192’ on E. 9 Mile Rd

AMENITIES

  • Atrium
  • Bus Line
  • Corner Lot
  • Fireplace
  • Restaurant
  • Signage
  • Air Conditioning

ABOUT 345 E 9 MILE RD , FERNDALE, MI 48220

PRICE REDUCTION: Opportunity in Ferndale Michigan to own an award winning one-of-a kind restaurant and entertainment venue. This property boasts “House of Blues” vibes with the ability to host big local/national concerts and events. The large kitchen can service the restaurant and cater events in the concert room and outdoor patio. The going concern business is a winner of major awards in Detroit including: Metro Times Best of Detroit Restaurant 2018 and 2019; Best New Restaurant; Best Bar Décor; and Eater Detroit Design of the Year. The real estate includes an 11,500 sf, one story retail building with an 800 square foot patio, situated on a .55 acre lot. Located in the Central Business District of Ferndale, Michigan, it is in a vibrant entertainment destination area that holds the most value in Ferndale’s commercial real estate sector. Previously used as an industrial space, the building has high ceilings, large open spaces and can accommodate a wide variety of uses. It currently has many amenities to support entertainment, restaurant, bar or other service-based uses. The building is sprinklered and features: Parliament Room with advanced audio-visual equipment, seating, a full bar, stage, lighting and advanced acoustic design, 2 state-of-the-art kitchens including a prep kitchen and production kitchen, two dining rooms, Patio Dining, full bar and 4 bathrooms. **Seller will consider a sale of the real estate plus the business for the right price**

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
25-27-454-037
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$986,840
  • Listing ID: 26837235

  • Date on Market: 10/12/2022

  • Last Updated:

  • Address: 345 E 9 Mile Rd, Ferndale, MI 48220

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