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    West End Hazel Park Flex Space Title is generated by Realmo AI

    407 W 9 Mile Rd, Hazel Park, MI 48030

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    For Sale
    $349,900

    Flex space property with adjacent lot in West End.

    Type:Commercial
    Property size:
    2,251 SF
    Lot size:
    0.19 Acres
    Price / SF:
    $155/SF
    Added:
    Mar 10, 2026
    Days on Market:
    119
    Last Refresh:
    Jul 3 at 12:55 am

    Property Features for 407 W 9 Mile Rd

    General Information

    Standard status
    Active
    Size
    2,251 SF
    Lot size
    0.19 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1951

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    Severin Faulhaber
    Severin Faulhaber

    Listing office Keller Williams Professionals

    Listing date Mar 10, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Professionals

    HighLights

    • Flex space property suitable for office and shop use.
    • Includes adjacent separate lot (30x105).
    • Shop area with rear door (10' height).
    • Separate heat and AC for the office area.
    • Shop area has its own heater.
    • Main circuit breaker panel and sub‑panel in shop area.

    Overview

    This flex space property, known as "West End Hazel Park", includes a building and an adjacent separate lot measuring 30x105. The front office area, which includes a bathroom, has approximate interior dimensions of 27'x27'. The shop area in the rear is roughly 28'x55' and features a rear door with a height of 10'. The shop area contains the main circuit breaker panel, as well as a sub-panel located next to the office area. The office area has separate heating and air conditioning, while the shop area is equipped with its own heater.

    Local Financial Insights For Flex RnD

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $40.5k $18.00
    − Vacancy −$4.7k −$2.09
    EGI $35.8k $15.91
    − OpEx −$12.5k −$5.57
    NOI $23.3k $10.34
    2,251 SF · lease $18.00/SF/yr · vacancy 11.60% · expense 35.00%

    Alternative Uses

    Best Use
    Flex RnD
    $332.6K
    $291.0K – $388.0K (±1% cap)
    NOI $23,282 @ 7.0% cap · market cap 6.65%
    Second Best
    Industrial
    $159.3K
    $139.4K – $185.9K (±1% cap)
    NOI $11,153 @ 7.0% cap · market cap 3.19%
    Theoretical Best
    Specialty Retail
    $485.5K
    $424.8K – $566.4K (±1% cap)
    NOI $33,986 @ 7.0% cap · market cap 9.71%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Urgent Dental Dental Office Harmonic attenuation Sculpture

    Suggested Use

    Real Estate Agency Law Firm Travel Agency Parking Lot & Garage Accounting Firm (Bike/Boat/Book/etc) Store Nursing Home Acupuncture Computer & Electronic Repair Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Continental Culinary Center — 1515 Jarvis St # 1, Ferndale, MI 48220
    • SHRED / Shredderz Food Truck — 21839 John R Rd, Hazel Park, MI 48030
    • Jackson's Five Star Catering — 1111 E 9 Mile Rd, Ferndale, MI 48220

    Location Insight

    • Map
    • Local Demand
    City
    Hazel Park
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1084
    Latitude
    42.461

    FAQs

    What type of property is this?
    Flex space - Flex space property with adjacent lot in West End.
    Where is this flex space located?
    The property is located at 407 W 9 Mile Rd Hazel Park, MI.
    What is the asking price?
    The asking price for this property is $349,900.
    What are key features of this property?
    This property features: Flex space property suitable for office and shop use.; Includes adjacent separate lot (30x105).; Shop area with rear door (10' height).
    More about this property
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