Ferndale Retail / Flex Space
$599,999
523 West Nine Mile Road, Ferndale, MI 48220
3,574 sqft
Building Size
0.15 acres
Lot Area
Details:
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
Description:
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.
Ferndale, MI, is a vibrant city just outside of Detroit, known for its eclectic shops, trendy eateries, and lively entertainment venues. The area boasts a dynamic mix of urban flair and small-town charm, attracting a diverse and engaged community. Ferndale's lively art scene, local breweries, and the annual DIY Street Fair make it a hot spot for residents and visitors alike. The city's pedestrian-friendly streets and proximity to major highways ensure excellent accessibility for retail and street retail investors looking to tap into the city's thriving spirit.
Documents:
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| Ferndale_Retail_-_517-523_W_Nine_Mile_Rd__Ferndale__MI_48220__OM_.pdf |
Location
Gallery
