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    Ferndale, MI Restaurants for Sale

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    Oak Park, MI Detroit, MI Royal Oak, MI
    Ferndale Restaurant Investment Opportunity
    $950,000
    4,501 SF
    Ferndale Restaurant Investment Opportunity

    545 W Nine Mile Rd, Ferndale, MI 48220

    Restaurant property with income, parking, and signage in Ferndale.
    • Prime location in the heart of Ferndale
    • Rare on‑site parking with a dedicated 21 car parking lot
    • Investment opportunity with immediate income
    • Existing restaurant tenant in place, willing to remain through June 2027
    • Excellent building signage with strong main road visibility
    Updated: Feb 13
    View details
    Based on your search, we've compiled 73 Potential Opportunities for your consideration. Besides 1 Active listings in Ferndale, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Bar and Gaming Headquarters
    $900,000
    7,365 SF
    Bar and Gaming Headquarters

    Substantial bar-focused building with ample parking and included liquor license, plus upstairs storage space for operators.

    3961-3995 W. 12 Mile Rd, Berkley, MI 48072

    View details
    Downtown Berkley Freestanding Building
    $725,000
    5,408 SF
    Downtown Berkley Freestanding Building

    Freestanding building in downtown Berkley with parking and potential restaurant.

    3142 Coolidge Highway, Berkley, MI 48072

    View details
    Turnkey Restaurant Opportunity on Livernois
    $1,650,000
    4,000 SF
    Turnkey Restaurant Opportunity on Livernois

    Prime restaurant property on Detroit's Avenue of Fashion.

    20050 Livernois, Detroit, MI 48221

    View details
    Freestanding Building on Seven Mile
    $149,000
    4,110 SF
    Freestanding Building on Seven Mile

    Freestanding building with open concept, ideal for restaurant/event space.

    7514 Seven Mile E, Detroit, MI 48234

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Detroit Commercial Vacant Lot
    $65,000
    2,190 SF
    Detroit Commercial Vacant Lot

    Commercial vacant lot for sale in Detroit, near freeway.

    15738 LIVERNOIS Avenue, Detroit, MI 48238

    View details
    Commercial Lot on Livernois Road
    $65,000
    0.05 Acres
    Commercial Lot on Livernois Road

    Commercial vacant lot for sale in Detroit, Michigan.

    15738 LIVERNOIS Avenue, Detroit, MI 48238

    View details
    Detroit Land For Sale
    Contact for pricing
    0.10 Acres
    Detroit Land For Sale

    Commercial land available in Detroit, suitable for infill development.

    12945 PURITAN Street, Detroit, MI 48227

    View details
    Detroit Commercial Development Opportunity
    $75,000
    0.19 Acres
    Detroit Commercial Development Opportunity

    0.19-acre vacant lot in Detroit's west side.

    15390 SCHAEFER, Detroit, MI 48227

    View details

    Off-Market Properties in Ferndale, MI

    Consider similar Off-Market properties in Ferndale, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    22824 Woodward Ave
    BAR, TAVERN
    1,399 SF Lot: 0.06 Acres
    Value Estimation by Request

    22824 Woodward Ave, Ferndale, MI 48220-1735

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    140 Vester St
    BAR, TAVERN
    2,410 SF Lot: 0.20 Acres
    Estimated value
    $515,000

    140 Vester St, Ferndale, MI 48220-1712

    View details
    900 8th Mile Rd
    DRIVE-THRU RESTAURANT, FAST FOOD
    1,324 SF Lot: 0.23 Acres
    Value Estimation by Request

    900 8th Mile Rd, Ferndale, MI 48220-2311

    View details
    21468 Woodward Ave
    RESTAURANT
    2,423 SF Lot: 0.34 Acres
    Value Estimation by Request

    21468 Woodward Ave, Ferndale, MI 48220-2544

    View details
    2140 Hilton Rd
    BAR, TAVERN
    3,150 SF Lot: 0.25 Acres
    Value Estimation by Request

    2140 Hilton Rd, Ferndale, MI 48220-1542

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    344 9th Mile Rd
    RESTAURANT
    5,422 SF Lot: 0.16 Acres
    Estimated value
    $800,000

    344 9th Mile Rd, Ferndale, MI 48220-1761

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    231 9th Mile Rd
    RESTAURANT
    8,400 SF Lot: 0.23 Acres
    Estimated value
    $1,095,000

    231 9th Mile Rd, Ferndale, MI 48220-1789

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    345 9th Mile Rd
    RESTAURANT
    9,249 SF Lot: 0.55 Acres
    Estimated value
    $650,000

    345 9th Mile Rd, Ferndale, MI 48220-1719

    View details
    22230 Woodward Ave
    DRIVE-THRU RESTAURANT, FAST FOOD
    3,751 SF Lot: 0.76 Acres
    Estimated value
    $555,000

    22230 Woodward Ave, Ferndale, MI 48220-1815

    View details
    177 Vester St
    BAR, TAVERN
    4,731 SF Lot: 0.15 Acres
    Estimated value
    $615,000

    177 Vester St, Ferndale, MI 48220-1711

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    23140 Woodward Ave
    RESTAURANT
    4,656 SF Lot: 0.17 Acres
    Estimated value
    $690,000

    23140 Woodward Ave, Ferndale, MI 48220-1341

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    8926 8th Mile Rd
    DRIVE-THRU RESTAURANT, FAST FOOD
    1,820 SF Lot: 0.46 Acres
    Value Estimation by Request

    8926 8th Mile Rd, Ferndale, MI 48220-2263

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    141 9th Mile Rd
    BAR, TAVERN
    4,563 SF Lot: 0.16 Acres
    Estimated value
    $615,000

    141 9th Mile Rd, Ferndale, MI 48220-1730

    View details
    22626 Woodward Ave
    BAR, TAVERN
    3,594 SF Lot: 0.12 Acres
    Value Estimation by Request

    22626 Woodward Ave, Ferndale, MI 48220-1810

    View details
    22726 Woodward Ave
    BAR, TAVERN
    2,565 SF Lot: 0.07 Acres
    Value Estimation by Request

    22726 Woodward Ave, Ferndale, MI 48220-1734

    View details
    22736 Woodward Ave
    RESTAURANT
    3,540 SF Lot: 0.08 Acres
    Estimated value
    $845,000

    22736 Woodward Ave, Ferndale, MI 48220-1734

    View details
    22451 Woodward Ave
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,382 SF Lot: 0.38 Acres
    Value Estimation by Request

    22451 Woodward Ave, Ferndale, MI 48220-1818

    View details
    2525 Hilton Rd
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,304 SF Lot: 0.42 Acres
    Estimated value
    $675,000

    2525 Hilton Rd, Ferndale, MI 48220-1543

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    3150 Hilton Rd
    RESTAURANT
    800 SF Lot: 0.04 Acres
    Value Estimation by Request

    3150 Hilton Rd, Ferndale, MI 48220-1039

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    22132 Woodward Ave
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,195 SF Lot: 0.39 Acres
    Value Estimation by Request

    22132 Woodward Ave, Ferndale, MI 48220-1813

    View details
    23421 Woodward Ave
    RESTAURANT
    2,852 SF Lot: 0.19 Acres
    Estimated value
    $555,000

    23421 Woodward Ave, Ferndale, MI 48220-1343

    View details
    23136 Woodward Ave
    RESTAURANT
    1,004 SF Lot: 0.06 Acres
    Value Estimation by Request

    23136 Woodward Ave, Ferndale, MI 48220-1341

    View details
    276 9th Mile Rd
    RESTAURANT
    9,391 SF Lot: 0.26 Acres
    Estimated value
    $1,390,000

    276 9th Mile Rd, Ferndale, MI 48220-1794

    View details

    Ferndale, MI Restaurants Market Trends and Statistics

    Explore 65 restaurants for sale in Ferndale, MI on our real estate platform. These investment opportunities span a total of 4,501 square feet of properties for sale, with an estimated market value of $950,000.

    Sale prices for restaurant properties in Ferndale, MI start at $950,000, averaging $950,000, and reaching up to $950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 1
    Turn key restaurants 1

    Demographics Overview

    Population 22K
    Population Growth (5Y) -5.7%
    Median Household Income $86,095
    College Educated 72.2%

    High-Yield Neighborhoods for Investment

    Identify Ferndale submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48220 $950K

    Taxes & Financing

    Tax Rate (average for all types) 4.51%
    Property Tax per SF $25.33 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Oakland County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Oakland County

    Residential Income

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