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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

430 9 Mile Rd Ferndale, MI 48220

123,221 SF Built 2019
Property ID
Property summary
AI-generated overview

This exceptional retail opportunity presents two available suites, totaling 1,860 square feet, within a Class A, four-story building constructed in 2019. Located at 430 W Nine Mile Rd in Ferndale, Michigan (48220), this property boasts a highly desirable Downtown Ferndale location, situated on the north side of W 9 Mile Rd between Livernois St and Woodward Ave. The suites, 801 and 1,060 square feet respectively, are situated on the ground floor of a luxury apartment building with 108 units, offering excellent visibility and accessibility. Each suite features floor-to-ceiling windows, abundant natural light, and exposed ceilings, creating a modern and inviting atmosphere. The building itself encompasses 123,221 square feet on a 46,354 square foot lot, and includes amenities such as elevators. The property is zoned CBD (Central Business District), providing flexibility for a variety of retail uses. A convenient city parking lot is located just steps away, ensuring easy access for customers and employees. With 76,281 households within a 3-mile radius, this location offers significant market reach within a vibrant and thriving community. Ferndale's diverse business landscape, including over 350 businesses, creates a bustling atmosphere and strong potential for customer traffic. This is an unparalleled opportunity for businesses seeking a prime location in one of metro Detroit's most sought-after neighborhoods.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2019
Total area 123,221 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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