345 Nine Mile Rd Ferndale, MI 48220
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11,028 SF Restaurant/Bar/Office - $1.89M
Property size:
11,028 SFProperty Features for 345 Nine Mile Rd
General Information
- Property type
- Restaurants
- Square Feet
- 11,028 SF
- Lot Size
- 23,958 SF
Building Details
- Year Built/Renovated
- 1950/2016
- Stories
- 2
Listing Agency: Thomas Duke Company Listing Agent: Steven Valli
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional 11,028 square foot mixed-use property, located at 345 E Nine Mile Rd in Ferndale, Michigan, presents a unique investment opportunity. Built in 1950 and extensively renovated in 2016, this two-story building boasts a prime corner location within a thriving redevelopment area. The property is zoned CBD (Central Business District) and includes 27 parking spaces on a 0.55-acre lot. The versatile space currently functions as a vacant restaurant/bar with a separate music venue, offering significant potential for various uses. The sale includes existing furniture, fixtures, and equipment. Interested parties should contact the City of Ferndale directly for details regarding the liquor license transfer. The property's strategic location, coupled with its recent renovations and ample parking, makes it an ideal investment for savvy entrepreneurs seeking a high-visibility location in a rapidly growing area. The property's APN is 25-27-454-037. This is a rare opportunity to acquire a substantial mixed-use property in a highly desirable location within Oakland County, Michigan, zip code 48220. The surrounding area features new loft condos, office spaces, and retail establishments, ensuring a vibrant and growing customer base.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Bars
Location Insight
- Map
- Local Demand
- City
- Ferndale
- County
- Oakland
- State
- Michigan
- Longitude
- -83.1303723
- Latitude
- 42.4609723
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FAQs
What type of property is this?
Restaurant - 11,028 SF Restaurant/Bar/Office - $1.89M
Where is this restaurant located?
The property is located at 345 Nine Mile Rd Ferndale, MI.
What is the asking price?
The asking price for this property is $1,890,000.
What are key features of this property?
This property features: 11,028 SF mixed-use building on a 0.55-acre lot with 27 parking spaces.; Prime corner location in Ferndale, MI's thriving CBD redevelopment area.; Includes FF&E; liquor license transfer details available from City of Ferndale.
