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Blue Nile Restaurant 545 W 9 Mile Rd 3,960 SF Retail Building Ferndale, MI 48220 $950,000 ($239.90/SF)
Investment Highlights
- Prime Location in the Heart of Ferndale
- Roof and HVAC Replaced in the Last 4 Years
- Existing Restaurant Tenant in Place, Willing to Remain Through June 2027
- Investment Opportunity with Immediate Income and Future Flexibility
- Excellent Building Signage with Strong Main Road Visibility
- Rare On-Site Parking with Dedicated 21 Car Parking Lot
Executive Summary
Prime Location in the Heart of Ferndale
Investment Opportunity with Immediate Income and Future Flexibility
Excellent Building Signage with Strong Main Road Visibility
Roof and HVAC Replaced in the Last 4 Years
Existing Restaurant Tenant in Place, Willing to Remain Through June 2027
Rare On-Site Parking with Dedicated 21 Car Parking Lot
Investment Opportunity with Immediate Income and Future Flexibility
Excellent Building Signage with Strong Main Road Visibility
Roof and HVAC Replaced in the Last 4 Years
Existing Restaurant Tenant in Place, Willing to Remain Through June 2027
Rare On-Site Parking with Dedicated 21 Car Parking Lot
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,960 SF
Building Class
C
Year Built
1960
Price
$950,000
Price Per SF
$239.90
Tenancy
Single
Building Height
1 Story
Building FAR
0.40
Lot Size
0.23 AC
Opportunity Zone
Yes
Zoning
BI
Parking
20 Spaces (5.05 Spaces per 1,000 SF Leased)
Frontage
1’ on 9 Mile Rd
Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 25-34-102-001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $400,550 |
Property Taxes
Parcel Number
25-34-102-001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$400,550
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Blue Nile Restaurant | 545 W 9 Mile Rd
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