430 9 Mile Rd Ferndale, MI 48220
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.