130 9th Mile Rd, Ferndale, MI 48220-3728
- Office buildings
- 12,160 SF
- 0.26 lot acres
Current Use by Public Records
- Office buildings
Property Details for 130 9th Mile Rd
- Year built
- 1923
- Lot size
- 0.26 lot acres
- Zone code
- BI
- Property type
- Office buildings
- APN
- 24-25-34-127-012
- APU
- 242534127012
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 29, 2025 | — | Fm Detroit LLC | — | Deed · related | $979k · Umb Bank NA |
| Dec 14, 2020 | — | Fm Detroit LLC | — | Deed · related | $2.7M · Choice Financial Group |
| May 3, 2018 | — | Fm Detroit LLC | — | Deed · related | $2M · Alerus Financial NA |
| Nov 3, 2009 | — | City Of Ferndale | Fm Detroit LLC | Warranty Deed | — |
| Oct 27, 2006 | — | Fm Detroit LLC | 22730 | Warranty Deed | — |
| — | — | Fm Detroit LLC | — | Deed Of Trust · related | $3.2M · Tcf National Bank |
Description
This stunning 18,699 square foot Class A office building, located in the heart of Ferndale, Michigan's vibrant CBD, presents a unique blend of historic charm and modern functionality. Originally constructed in 1915 and extensively renovated in 2006, this three-story building boasts exquisite details including Pewabic tile, exposed brick, and original oak flooring. The property features a striking three-story glass atrium, bathing the interior in natural light. Each floor includes a dedicated conference room, and amenities extend to a fitness center complete with lockers and showers, a large kitchen and dining area, and a third-floor outdoor terrace overlooking the downtown area. Two gas fireplaces add to the building's unique character. The building offers a variety of office sizes and types, making it suitable for a single user or multiple tenants. Its prime location offers easy access to restaurants, shops, and bike rentals, and an adjacent city parking lot provides reserved spaces for added convenience. The asking price for this exceptional property is $4,500,000. The 0.31-acre lot provides ample space and potential. This is a truly exceptional opportunity to acquire a landmark property in a thriving Michigan community.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,236,000
- AI Estimate
- $1,236,000
Market price range: $309k - $1.24MMarket price range: $318k - $1.24M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $750,000 Current use
- COMMERCIAL (GENERAL)
- $1,110,000 Change: +48% Conversion: Easy
- RESTAURANT
- $1,110,000 Change: +48% Conversion: Moderate
- NEIGHBORHOOD: SHOPPING CENTER
- $920,000 Change: +23% Conversion: Difficult
- MEDICAL BUILDING
- $765,000 Change: +2% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Ferndale
- County
- Oakland
- State
- Michigan
- Longitude
- -83.1334
- Latitude
- 42.4604
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
