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    Ferndale, MI
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    Ferndale, MI Retail Properties & Spaces for Sale

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    Corner Retail Storefront with Rooftop Billboard
    Updated: May 21, 2025
    Corner Retail Storefront with Rooftop Billboard

    22757 Woodward Ave, Ferndale, MI 48220

    $3,100,000
    12,433 sqft
    Rooftop billboard generates income on the property
    Vacant retail property with a previous nightclub operation
    Class C Liquor License with extended hours, dance/entertainment, and Sunday sales endorsements available for separate purchase
    Award‑winning facade improvements and restoration through the Woodward Avenue Action Association
    Sale can include personal property and the business name, Grasshopper Underground
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    22757 Woodward Ave, Ferndale, MI 48220

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    • Est. Cap Rate

      4.3%
      NOI ÷ price

    • Est. NOI

      $134K
      Annual

    • Mortgage

      $900K
      Feb 2018

    • Property Type

      Retail Stores
      Built 1926
    View Property Analytics
    Turn-Key Auto Repair Shop
    Updated: Jul 8
    Turn-Key Auto Repair Shop

    1018 W 9 Mile Road, Ferndale, MI 48220

    $899,000
    2,500 sqft
    Freestanding 2,300 sq ft auto repair facility with retail main road frontage in Downtown Ferndale
    Shop equipment includes 2 electric hoists, one compressor, one frame straight puller, and 2 working benches
    Additional shop features: overhead heater and customer waiting area (7x8) plus office (12x10) with attached bathroom
    Roof is 8 years old
    Located in a high‑traffic area near Nine Mile and Woodward
    View details
    Mixed-Use Multi-Unit Asset with Retail
    Mixed-Use Multi-Unit Asset with Retail

    23529 Woodward Ave, Ferndale, MI 48220

    $1,099,000
    4,100 sqft

    Four leased 1-bedroom apartments sit above two vacant retail storefront units totaling 2,000 sq. ft.

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    Single-Tenant Net Leased Retail Property
    Single-Tenant Net Leased Retail Property

    22740 Woodward Avenue, Ferndale, MI 48220

    Contact for pricing
    3,100 sqft

    Net-leased retail building with direct Woodward Avenue frontage for a hands-off ownership profile under NNN terms.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Office-Retail Suite with Storefront
    Office-Retail Suite with Storefront

    749 W 9 Mile Road Unit SourceFi, Ferndale, MI 48220

    Contact for pricing
    2,258 sqft

    Move-in ready suite with open main area, two private rooms, storage, and storefront windows on 9 Mile Road.

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    Corner Retail Storefront
    Corner Retail Storefront

    23059 Woodward Avenue Unit SourceFi, Ferndale, MI 48220

    Contact for pricing
    4,368 sqft

    Retail storefront with a blank-canvas interior and adjacent parking on a Woodward Ave corner location.

    View details
    Retail Space For Sale
    Retail Space For Sale

    503 E Nine Mile, Ferndale, MI 48220

    Contact for pricing
    9,000 sqft

    Retail property offering approximately 9,000 square feet of space for sale.

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    Downtown Retail Space
    Downtown Retail Space

    145 W Nine Mile Rd, Ferndale, MI 48220

    Contact for pricing
    1,706 sqft

    Retail space offering approximately 1,706 square feet in Ferndale’s walk-around downtown area.

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    Flower Shop Retail Storefront
    Flower Shop Retail Storefront

    503 East 9 Mile Road, Ferndale, MI 48220

    Contact for pricing
    9,000 sqft

    For sale as an operating flower shop retail storefront with redevelopment potential at 503 East 9 Mile Road.

    View details
    Retail/Office Storefront Building
    Retail/Office Storefront Building

    22008 Woodward, Ferndale, MI 48220

    Contact for pricing

    Storefront retail/office building on Woodward Ave in Ferndale with rear parking and free street parking.

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    Free-Standing Retail Office Building
    Free-Standing Retail Office Building

    21950 Woodward Avenue, Ferndale, MI 48220

    Contact for pricing

    Free-standing commercial building over 1,200 SF on a hard corner along busy Woodward Avenue.

    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 11 Active listings in Ferndale, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 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.

    Freestanding Retail/Office Building
    Freestanding Retail/Office Building

    24831 John R Rd, Hazel Park, MI 48030

    $250,000
    1,500 sqft

    Freestanding building with flexible office, fitness, medical, or retail use and ample front parking.

    View details
    Corner-Lot Mixed-Use Property
    Corner-Lot Mixed-Use Property

    23919 John R Rd, Hazel Park, MI 48030

    $600,000

    Town Center (TC) zoning supports mixed-use, retail, restaurant, and multifamily redevelopment concepts.

    View details
    Retail Space in Gateway Marketplace
    Retail Space in Gateway Marketplace

    20404 Woodward Ave, Detroit, MI 48203

    Contact for pricing
    4,286 sqft

    Retail space with high visibility in a busy shopping center.

    View details
    Multi-Level Retail Building
    Multi-Level Retail Building

    20201 Livernois, Detroit, MI 48221

    Contact for pricing

    Furniture and antique retail building with two full floors, a basement, and estimated 25–30 parking spaces.

    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.

    Land for Sale
    Land for Sale

    637-651 Livernois Street, Ferndale, MI 48220

    Contact for pricing

    Land available for sale in Ferndale, Michigan.

    View details
    Vacant Paved Commercial Land
    Vacant Paved Commercial Land

    18281 Wyoming Ave, Detroit, MI 48221

    $75,000

    Vacant, paved commercial land available for sale in Detroit.

    View details
    Vacant Paved Commercial Land
    Vacant Paved Commercial Land

    18281 Wyoming St, Detroit, MI 48204

    $75,000

    Vacant, paved commercial land available for sale in Detroit.

    View details
    Land For Sale
    Land For Sale

    16625 Hamilton Ave, Highland Park, MI 48203

    Contact for pricing

    Land available for sale in Highland Park, MI.

    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.

    145 9th Mile Rd
    RETAIL STORES (PERSONAL SERVICES)

    145 9th Mile Rd, Ferndale, MI 48220-1730

    $385,000
    Estimated value
    1,706 sqft 0.06 AC lot
    View details
    3255 Hilton Rd
    RETAIL STORES (PERSONAL SERVICES)

    3255 Hilton Rd, Ferndale, MI 48220-1058

    $200,000
    Estimated value
    1,236 sqft 0.04 AC lot
    View details
    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
    22100 Woodward Ave
    RETAIL STORES (PERSONAL SERVICES)

    22100 Woodward Ave, Ferndale, MI 48220-1813

    $660,000
    Estimated value
    4,159 sqft 0.11 AC lot
    View details
    22110 Woodward Ave
    RETAIL STORES (PERSONAL SERVICES)

    22110 Woodward Ave, Ferndale, MI 48220-1813

    $660,000
    Estimated value
    1,378 sqft 0.07 AC lot
    View details
    711 8th Mile Rd
    RETAIL STORES (PERSONAL SERVICES)

    711 8th Mile Rd, Ferndale, MI 48220-3522

    $75,000
    Estimated value
    2,493 sqft 0.09 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
    150 Livernois St
    RETAIL STORES (PERSONAL SERVICES)

    150 Livernois St, Ferndale, MI 48220-2302

    $170,000
    Estimated value
    1,228 sqft 0.33 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
    23337 Woodward Ave
    RETAIL STORES (PERSONAL SERVICES)

    23337 Woodward Ave, Ferndale, MI 48220-1362

    $395,000
    Estimated value
    1,671 sqft 0.04 AC lot
    View details
    1415 Bertha St
    RETAIL STORES (PERSONAL SERVICES)

    1415 Bertha St, Ferndale, MI 48220-2324

    $165,000
    Estimated value
    1,618 sqft 0.18 AC lot
    View details

    Ferndale, MI Retail Properties & Spaces Market Trends and Statistics

    Explore 72 retail properties & spaces for sale in Ferndale, MI, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 48,465 square feet of properties for sale, with an estimated market value of $5,098,000.

    Sale prices for stores in Ferndale, MI start at $899,000, averaging $1,699,333, and reaching up to $3,100,000 — 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

    Storefront properties 12
    Automotive properties 3
    Drug stores 2
    Auto shops 1
    Shopping centers 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 $787.2K

    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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