Bar & Pub

Ferndale, MI Bars & Pubs for Sale

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Vacant Bar and Restaurant with Venue
Updated: Oct 24, 2024
Vacant Bar and Restaurant with Venue

345 E 9 Mile Rd, Ferndale, MI 48220

$1,890,000
11,028 sqft
Vacant bar/restaurant with a separate music venue
Year built: 1950
Located east of Woodward Ave on the north side of E Nine Mile Rd
Corner location in a redevelopment area with new loft condos, office, and retail
Sale includes furniture, fixtures & equipment
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 1 Active listings in Ferndale, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 19 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Detroit Bar/Restaurant Opportunity
Detroit Bar/Restaurant Opportunity

7400 E McNichols Rd, Detroit, MI 48234

$999,000
23,332 sqft

Bar/restaurant space available in Detroit's active northwest corridor.

View details
Built-Out Bar and Pub
Built-Out Bar and Pub

11660 E 13 Mile Rd, Warren, MI 48093

$140,000
2,300 sqft

Operational bar and restaurant with a commercial kitchen, liquor license, furnishings, equipment, and on-site parking.

View details
Bar with Commercial Kitchen
Bar with Commercial Kitchen

11660 E 13 Mile Road, Warren, MI 48093

$140,000
2,300 sqft

Operational hospitality venue includes a liquor license, commercial kitchen, and on-site parking.

View details
Nightclub with Cabaret License
Nightclub with Cabaret License

13109 W Eight Mile Road, Detroit, MI 48235

$750,000
3,800 sqft 0.25 AC lot

Established entertainment venue with food service, bar operations, updated kitchen equipment, and on-site parking.

View details

Off-Market Properties in Ferndale, MI

Consider similar Off-Market properties in Ferndale, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

22824 Woodward Ave
BAR, TAVERN

22824 Woodward Ave, Ferndale, MI 48220-1735

Estimated value:
$210,000
1,399 sqft 0.06 AC lot
View details
140 Vester St
BAR, TAVERN

140 Vester St, Ferndale, MI 48220-1712

Estimated value:
$480,000
2,410 sqft 0.20 AC lot
View details
2140 Hilton Rd
BAR, TAVERN

2140 Hilton Rd, Ferndale, MI 48220-1542

Estimated value:
$285,000
3,150 sqft 0.25 AC lot
View details
177 Vester St
BAR, TAVERN

177 Vester St, Ferndale, MI 48220-1711

Estimated value:
$260,000
4,731 sqft 0.15 AC lot
View details
141 9th Mile Rd
BAR, TAVERN

141 9th Mile Rd, Ferndale, MI 48220-1730

Estimated value:
$630,000
4,563 sqft 0.16 AC lot
View details
22626 Woodward Ave
BAR, TAVERN

22626 Woodward Ave, Ferndale, MI 48220-1810

Estimated value:
$250,000
3,594 sqft 0.12 AC lot
View details
22726 Woodward Ave
BAR, TAVERN

22726 Woodward Ave, Ferndale, MI 48220-1734

Estimated value:
$255,000
2,565 sqft 0.07 AC lot
View details
1309 9th Mile Rd
BAR, TAVERN

1309 9th Mile Rd, Ferndale, MI 48220-2019

Estimated value:
$180,000
2,649 sqft 0.32 AC lot
View details
23130 Woodward Ave
BAR, TAVERN

23130 Woodward Ave, Ferndale, MI 48220-1341

Estimated value:
$240,000
2,389 sqft 0.12 AC lot
View details
240 9th Mile Rd
BAR, TAVERN

240 9th Mile Rd, Ferndale, MI 48220-1794

Estimated value:
$1,330,000
12,530 sqft 0.28 AC lot
View details
161 Vester St
BAR, TAVERN

161 Vester St, Ferndale, MI 48220-1711

Estimated value:
$185,000
5,035 sqft 0.16 AC lot
View details
22901 Woodward Ave
BAR, TAVERN

22901 Woodward Ave, Ferndale, MI 48220-1739

Estimated value:
$1,360,000
11,131 sqft 0.27 AC lot
View details
279 9th Mile Rd
BAR, TAVERN

279 9th Mile Rd, Ferndale, MI 48220-1795

Estimated value:
$1,410,000
9,522 sqft 0.35 AC lot
View details
22634 Woodward Ave
BAR, TAVERN

22634 Woodward Ave, Ferndale, MI 48220-1810

Estimated value:
$330,000
4,534 sqft 0.12 AC lot
View details
261 9th Mile Rd
BAR, TAVERN

261 9th Mile Rd, Ferndale, MI 48220-2078

Estimated value:
$390,000
2,632 sqft 0.29 AC lot
View details
22930 Woodward Ave
BAR, TAVERN

22930 Woodward Ave, Ferndale, MI 48220-1737

Estimated value:
$295,000
4,958 sqft 0.12 AC lot
View details
22828 Woodward Ave
BAR, TAVERN

22828 Woodward Ave, Ferndale, MI 48220-1735

Estimated value:
$230,000
4,688 sqft 0.06 AC lot
View details
22925 Woodward Ave
BAR, TAVERN

22925 Woodward Ave, Ferndale, MI 48220-1739

Estimated value:
$220,000
2,966 sqft 0.09 AC lot
View details
1851 9th Mile Rd
BAR, TAVERN

1851 9th Mile Rd, Ferndale, MI 48220-2063

Estimated value:
$280,000
2,040 sqft 0.23 AC lot
View details

Ferndale, MI Bars & Pubs Market Trends and Statistics

Explore 20 bars & pubs for sale in Ferndale, MI on our real estate platform. These investment opportunities span a total of 11,028 square feet of properties for sale, with an estimated market value of $1,890,000.

Sale prices for pubs in Ferndale, MI average $1,890,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 3
Bars & Pubs 2
Commercial kitchens 1

Demographics Overview

Population 22K
Population Growth (5Y) -5.7%
Median Household Income $86,095
College Educated 72.2%

High-Yield Neighborhoods for Investment

Identify Ferndale submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
48220 $1.9M

Taxes & Financing

Tax Rate (average for all types) 4.51%
Property Tax per SF $25.33 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Oakland County

New Delisted

Total CRE Inventory on Market (SF)

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