513 9th Mile Rd, Ferndale, MI 48220-1798
This exceptional 1,800 square foot retail space is available for lease in the vibrant heart of downtown Ferndale, Michigan. Situated on the south side of West Nine Mile Road, just west of Woodward Avenue, this single-tenant property offers unparalleled visibility and accessibility. Previously occupied by a hair salon, the space is located within a two-story building in the Central Business District (CBD), benefiting from the high foot traffic and bustling atmosphere of Ferndale's thriving commercial core. The property features convenient street parking, a significant advantage for both customers and employees. Building signage is available, providing excellent opportunities for branding and visibility. The location is surrounded by a diverse range of restaurants and retailers, creating a synergistic environment that fosters strong customer engagement and foot traffic. This prime retail space presents a unique opportunity for businesses seeking a high-profile location in a dynamic and desirable area. The space is ready for immediate occupancy and offers a blank canvas for a variety of retail concepts. Its central location and ample street parking make it an ideal choice for businesses seeking maximum exposure and convenience. The property's zoning designation as CBD ensures compatibility with a wide range of retail uses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BI · Ferndale, MIFerndale. Always verify with local authorities before improvements.
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.