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Property profile & analytics
FOR SALE
Turn key restaurants

3150 Hilton Rd Ferndale, MI 48220-1039

800 SF 0.04 ac lot Built 1956
Entity Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US43-1363517
No photos on file
For Sale
Contact for pricing 800 SF
3150 Hilton Rd, Ferndale, MI 48220-1039
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Property summary
AI-generated overview

This 800-square-foot industrial property in Ferndale, MI, is a fantastic opportunity for a variety of businesses. Previously a licensed and permitted cafe, the space includes a fully equipped commercial kitchen featuring a hood/exhaust system, range, triple wash sink, prep tables, and some coolers. All existing equipment is included in the sale price, allowing for immediate operation. Located at 3150 HILTON, this property boasts exceptional visibility and high traffic counts exceeding 10,000 cars daily. Its prime location offers easy access to Downtown Ferndale and Downtown Royal Oak, and is less than a minute from I-696 and I-75. The 0.04-acre lot includes a private gated patio ideal for outdoor seating and tandem parking for four vehicles behind the building. Ample free street parking and a large municipal parking lot across the street provide convenient parking options for customers and employees. The property is currently unleased, offering flexibility for various uses, including but not limited to: ghost kitchen, catering facility, meal prep business, bakery, donut shop, coffee shop, juice bar, hookah lounge, vape shop, bar, retail store, or even a family office. This is a truly turnkey opportunity in a high-demand location.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1956
Total area 800 SF
Lot 0.04 ac (1,742 SF)
Zoning code BI
APN 24-25-26-111-036
UPID US43-1363517
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$110k
Owner & transaction history
Rock City Property Holdings LLC · 2 yrs held
Rock City Property Holdings LLC
since 2023
Last sale
$105,000
7 recorded transactions
2023
Price N/A
2021
$105,000
2011
Price N/A
2005
$50,000
2005
Price N/A
2004
Price N/A
1969
Price N/A
Zoning & alternative use
BI · Ferndale, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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