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For Sale

Ferndale Retail / Flex Space (Sale or Lease)

523 West Nine Mile Road,
Ferndale, MI 48220
Represented by
Colliers Birmingham (MI) - Jonna Group

Asset Snapshot

Full Service
Retail Subtype
1930
Year Built
0.15 Acres
Land Area

Offering Summary

Investment Overview

An investment opportunity in the heart of downtown Ferndale, MI offers a coveted location with visibility and accessibility. Features a 3,574 SF building with 2 units, offering versatility and potential for retail or street retail ventures. Zoned CBD, it is ideally positioned for a wide range of commercial uses, maximizing its investment potential.


Investment Highlights

  • Available for Sale or Lease
  • Competitive Pricing Offered Below Replacement Cost
  • Prime Downtown Location on W 9 Mile Road
  • Excellent Visibility and Steady Foot Traffic
  • Walkable Area Steps from Dining, Entertainment, and Established Neighborhoods
  • 3,574 SF Building Suitable for Retail, Office, or Mixed-Use
  • Rare On-Site Parking with 8 Surface Spaces
  • Value-Add Opportunity
  • Repositioning or Market-Rate Leasing Potential
  • Multi-Tenant Potential with Two Addresses 517 and 523 for Dual Occupancy or Multiple Income Streams
  • Strong Local Demographics with 381,572 PPL and $87,608 Avg. HHI Within 5 Miles
  • CBD Zoning Supporting a Wide Range of Uses
  • 0.5 Mile East of Woodward Avenue
  • One 10’ x 10’ Overhead Door

How it Works

Need Help?

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Listing Syndicated From

Buildout
For Sale
$540,000
Asking Price

Investment Sales Broker

Simon Jonna
Colliers Birmingham (MI) - Jonna Group