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    Ferndale, MI Restaurants for Sale

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    Ferndale Restaurant Investment Opportunity
    Updated: Feb 13
    Ferndale Restaurant Investment Opportunity

    545 W Nine Mile Rd, Ferndale, MI 48220

    Contact for pricing
    4,501 sqft
    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
    View details
    Vacant Bar and Restaurant with Venue
    Updated: Oct 24, 2024
    Vacant Bar and Restaurant with Venue

    345 E 9 Mile Rd, Ferndale, MI 48220

    $1,890,000
    11,028 sqft
    Vacant bar/restaurant with a separate music venue
    Year built: 1950
    Located east of Woodward Ave on the north side of E Nine Mile Rd
    Corner location in a redevelopment area with new loft condos, office, and retail
    Sale includes furniture, fixtures & equipment
    View details
    Restaurant and Bar Property
    Restaurant and Bar Property

    3150 Hilton Rd, Ferndale, MI 48220

    Contact for pricing

    Established restaurant and bar location on Hilton Rd, offered with both business and real estate for sale.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 75 Potential Opportunities for your consideration. Besides 3 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.

    Established Restaurant in High-Traffic Plaza
    Established Restaurant in High-Traffic Plaza

    1449 W 14 Mile Road, Madison Heights, MI 48071

    $100,000

    Turnkey sushi restaurant in a busy, high-traffic location.

    View details
    Freestanding Building on Seven Mile
    Freestanding Building on Seven Mile

    7514 Seven Mile E, Detroit, MI 48234

    Contact for pricing
    4,110 sqft

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

    View details
    Turnkey Restaurant Opportunity on Livernois
    Turnkey Restaurant Opportunity on Livernois

    20050 Livernois, Detroit, MI 48221

    Contact for pricing
    4,000 sqft

    Prime restaurant property on Detroit's Avenue of Fashion.

    View details
    Independent Ice Cream Shop
    Independent Ice Cream Shop

    630 E 12 Mile Road, Madison Heights, MI 48071

    Contact for pricing

    For sale: ice cream shop on a highly traveled road; includes building, equipment, inventory, and business.

    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.

    Commercial Lot on Livernois Road
    Commercial Lot on Livernois Road

    15738 LIVERNOIS Avenue, Detroit, MI 48238

    $65,000
    0.05 AC lot

    Commercial vacant lot for sale in Detroit, Michigan.

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    Detroit Land For Sale
    Detroit Land For Sale

    12945 PURITAN Street, Detroit, MI 48227

    Contact for pricing
    0.10 AC lot

    Commercial land available in Detroit, suitable for infill development.

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    Commercial Land in Detroit, MI
    Commercial Land in Detroit, MI

    9804 DEXTER Avenue, Detroit, MI 48206

    Contact for pricing
    0.43 AC lot

    Commercial zoned vacant lot near Downtown Detroit, close to expressways.

    View details
    Commercial Land
    Commercial Land

    11618 LIVERNOIS Avenue, Detroit, MI 48204

    Contact for pricing
    0.03 AC lot

    Vacant commercial lot on Livernois Avenue with commercial zoning and public water service in Detroit’s Nardin Park area.

    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

    22824 Woodward Ave, Ferndale, MI 48220-1735

    $210,000
    Estimated value
    1,399 sqft 0.06 AC lot
    View details
    140 Vester St
    BAR, TAVERN

    140 Vester St, Ferndale, MI 48220-1712

    $480,000
    Estimated value
    2,410 sqft 0.20 AC lot
    View details
    900 8th Mile Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

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

    $225,000
    Estimated value
    1,324 sqft 0.23 AC lot
    View details
    21468 Woodward Ave
    RESTAURANT

    21468 Woodward Ave, Ferndale, MI 48220-2544

    $310,000
    Estimated value
    2,423 sqft 0.34 AC lot
    View details
    2140 Hilton Rd
    BAR, TAVERN

    2140 Hilton Rd, Ferndale, MI 48220-1542

    $285,000
    Estimated value
    3,150 sqft 0.25 AC lot
    View details
    344 9th Mile Rd
    RESTAURANT

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

    $350,000
    Estimated value
    5,422 sqft 0.16 AC lot
    View details
    231 9th Mile Rd
    RESTAURANT

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

    $1,095,000
    Estimated value
    8,400 sqft 0.23 AC lot
    View details
    345 9th Mile Rd
    RESTAURANT

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

    $650,000
    Estimated value
    9,249 sqft 0.55 AC lot
    View details
    22230 Woodward Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    22230 Woodward Ave, Ferndale, MI 48220-1815

    $555,000
    Estimated value
    3,751 sqft 0.76 AC lot
    View details
    177 Vester St
    BAR, TAVERN

    177 Vester St, Ferndale, MI 48220-1711

    $260,000
    Estimated value
    4,731 sqft 0.15 AC lot
    View details
    23140 Woodward Ave
    RESTAURANT

    23140 Woodward Ave, Ferndale, MI 48220-1341

    $285,000
    Estimated value
    4,656 sqft 0.17 AC lot
    View details
    8926 8th Mile Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

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

    $170,000
    Estimated value
    1,820 sqft 0.46 AC lot
    View details
    141 9th Mile Rd
    BAR, TAVERN

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

    $630,000
    Estimated value
    4,563 sqft 0.16 AC lot
    View details
    22626 Woodward Ave
    BAR, TAVERN

    22626 Woodward Ave, Ferndale, MI 48220-1810

    $250,000
    Estimated value
    3,594 sqft 0.12 AC lot
    View details
    22726 Woodward Ave
    BAR, TAVERN

    22726 Woodward Ave, Ferndale, MI 48220-1734

    $255,000
    Estimated value
    2,565 sqft 0.07 AC lot
    View details
    22736 Woodward Ave
    RESTAURANT

    22736 Woodward Ave, Ferndale, MI 48220-1734

    $880,000
    Estimated value
    3,540 sqft 0.08 AC lot
    View details
    22451 Woodward Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    22451 Woodward Ave, Ferndale, MI 48220-1818

    $315,000
    Estimated value
    2,382 sqft 0.38 AC lot
    View details
    2525 Hilton Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    2525 Hilton Rd, Ferndale, MI 48220-1543

    $700,000
    Estimated value
    2,304 sqft 0.42 AC lot
    View details
    3150 Hilton Rd
    RESTAURANT

    3150 Hilton Rd, Ferndale, MI 48220-1039

    $110,000
    Estimated value
    800 sqft 0.04 AC lot
    View details
    22132 Woodward Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    22132 Woodward Ave, Ferndale, MI 48220-1813

    $345,000
    Estimated value
    2,195 sqft 0.39 AC lot
    View details
    23421 Woodward Ave
    RESTAURANT

    23421 Woodward Ave, Ferndale, MI 48220-1343

    $740,000
    Estimated value
    2,852 sqft 0.19 AC lot
    View details

    Ferndale, MI Restaurants Market Trends and Statistics

    Explore 67 restaurants for sale in Ferndale, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 15,529 square feet of properties for sale, with an estimated market value of $1,890,000.

    Sale prices for restaurant properties in Ferndale, MI average $1,890,000 — 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 2
    Conventional 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 $1.9M

    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)

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