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Retail Space For Sale
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503 E Nine Mile, Ferndale, MI 48220

Retail property offering approximately 9,000 square feet of space for sale.

Property Size9,000 SF
Days on Market125

Property Features for 503 E Nine Mile

General Information

Standard status Active
Size 9,000 SF
Property subtype Retail
Listing Agency: NAI Farbman Southfield
Listed By: Rick Ax · License #6506040861
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 7:18AM

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 NAI Farbman Southfield

Investment Insights

Based on property information with market context.

The property is a retail asset marketed as approximately 9,000 square feet, available for sale. It is presented as dedicated retail space suitable for a variety of storefront or retail-oriented uses, subject to applicable approvals.

Located at 503 E Nine Mile in Ferndale, Michigan, the offering provides a straightforward option for buyers seeking a retail footprint in the area.

For additional details on layout, condition, and specific improvements, interested parties should request the available offering materials.

Key Highlights

  • Retail property for sale with approximately 9,000 SF

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Daycare Center Accounting Firm Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

845
Businesses Nearby
31k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 65% Dining 34% Home Improvements & Furnishings 1%
7-Eleven Shops & Services
9,487 visits/mo 0.2 miles
BP Shops & Services
7,737 visits/mo 0.2 miles
Little Caesars Pizza Dining
6,973 visits/mo 0.5 miles
SUBWAY Dining
3,526 visits/mo 0.4 miles
Pennzoil Shops & Services
2,018 visits/mo 0.3 miles

Demographics for 48220, MI

21,564
Population
12,003
Households
1.8
Avg Household Size
37
Median Age
53%
College-Educated
96%
High-School Grad
4.4 sq mi
ZIP Area
4,901
Density / Sq Mi
$86,095
Median Household Income
$54,557
Median Earnings
$1,191
Median Rent
$229,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail property offering approximately 9,000 square feet of space for sale.
Where is this retail space located?
The property is located at 503 E Nine Mile Ferndale, MI.
What are key features of this property?
This property features: Retail property for sale with approximately 9,000 SF
(248) 842-0314 Call to check price and availability
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