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

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    6 properties
    Single-Tenant Net Leased Retail Property
    Updated: Jun 1
    Single-Tenant Net Leased Retail Property

    22740 Woodward Ave, Ferndale, MI 48220

    $1,500,000
    3,100 sqft
    Single‑tenant net leased Barrel House property at 22740 Woodward Avenue in Ferndale
    Approximately 3,100 SF retail building leased on a NNN basis
    Direct frontage along Woodward Avenue, a major Metro Detroit commercial corridor
    Lease includes two 5‑year renewal options
    Asking price: $1,500,000
    View details
    Mixed-Use Multi-Unit Asset with Retail
    Updated: Apr 8
    Mixed-Use Multi-Unit Asset with Retail

    23529 Woodward Ave, Ferndale, MI 48220

    $1,099,000
    4,100 sqft
    Mixed‑use building at 23527–23529 Woodward Ave in Ferndale, MI
    Second‑floor has four fully leased 1‑bedroom apartments
    Lower level includes 2,000 sq. ft. of vacant retail space split into two 1,000 sq. ft. units
    Apartment rents: $1,100/mo (expires 06/2026 and 10/2026) plus $1,300/mo (expires 09/2026 and 10/2026)
    Total gross income listed at $57,600/yr from the fully leased apartments
    View details
    Corner Retail Storefront with Rooftop Billboard
    Corner Retail Storefront with Rooftop Billboard

    22757 Woodward Ave, Ferndale, MI 48220

    $69,000
    9,532 sqft

    Retail storefront on a prominent corner with a rooftop billboard generating income and an existing vacancy.

    View details
    See hot listings in Ferndale

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Woodward Avenue Salon Storefront
    Woodward Avenue Salon Storefront

    23365 Woodward Ave, Ferndale, MI 48220

    Contact for pricing
    4,340 sqft

    C-2 storefront with a finished salon layout, dedicated parking, and direct Woodward Avenue exposure.

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    Flex Space with Overhead Door
    Flex Space with Overhead Door

    517-523 W Nine Mile Road, Ferndale, MI 48220

    Contact for pricing
    3,574 sqft

    CBD-zoned flex property with dual-address configuration and on-site parking.

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    Occupied Retail Building
    Occupied Retail Building

    22134 Woodward Ave, Ferndale, MI 48220

    Contact for pricing
    2,200 sqft

    C-2 zoning and full occupancy are reported for this retail property.

    View details
    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 80 Potential Opportunities for your consideration. Besides 6 Active listings in Ferndale, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 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.

    Auto Repair and Sales Building
    Auto Repair and Sales Building

    22411 S Chrysler Dr, Hazel Park, MI 48030

    Contact for pricing
    2,000 sqft 0.18 AC lot

    BC-1-zoned property with automotive repair and sales office functions.

    View details
    Retail Building with 8,544 SF
    Retail Building with 8,544 SF

    401 S Lafayette Avenue, Royal Oak, MI 48067

    Contact for pricing
    9,393 sqft

    Retail building offered for sale with 8,544 square feet of space.

    View details
    High-Traffic Corner Commercial Parcel
    High-Traffic Corner Commercial Parcel

    415 N Main St, Royal Oak, MI 49651

    $450,000

    Prime development opportunity at a bustling intersection in Lake City.

    View details
    Freestanding Retail/Office Building
    Freestanding Retail/Office Building

    24831 John R Rd, Hazel Park, MI 48030

    Contact for pricing

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

    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
    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
    Commercial Development Lot
    Commercial Development Lot

    7147 PURITAN Street, Detroit, MI 48238

    Contact for pricing
    0.09 AC lot

    Vacant land with Commercial zoning for future commercial development.

    View details
    Commercial Land Parcel
    Commercial Land Parcel

    7419 PURITAN Street, Detroit, MI 48238

    Contact for pricing
    0.09 AC lot

    Vacant parcel designated for commercial use.

    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

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

    3255 Hilton Rd, Ferndale, MI 48220-1058

    Estimated value:
    $200,000
    1,236 sqft 0.04 AC lot
    View details
    22824 Woodward Ave
    BAR, TAVERN

    22824 Woodward Ave, Ferndale, MI 48220-1735

    Estimated value:
    $210,000
    1,399 sqft 0.06 AC lot
    View details
    22100 Woodward Ave
    RETAIL STORES (PERSONAL SERVICES)

    22100 Woodward Ave, Ferndale, MI 48220-1813

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

    22110 Woodward Ave, Ferndale, MI 48220-1813

    Estimated value:
    $660,000
    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

    Estimated value:
    $75,000
    2,493 sqft 0.09 AC lot
    View details
    140 Vester St
    BAR, TAVERN

    140 Vester St, Ferndale, MI 48220-1712

    Estimated value:
    $480,000
    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

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

    21468 Woodward Ave, Ferndale, MI 48220-2544

    Estimated value:
    $310,000
    2,423 sqft 0.34 AC lot
    View details
    150 Livernois St
    RETAIL STORES (PERSONAL SERVICES)

    150 Livernois St, Ferndale, MI 48220-2302

    Estimated value:
    $170,000
    1,228 sqft 0.33 AC lot
    View details
    2140 Hilton Rd
    BAR, TAVERN

    2140 Hilton Rd, Ferndale, MI 48220-1542

    Estimated value:
    $285,000
    3,150 sqft 0.25 AC lot
    View details
    23337 Woodward Ave
    RETAIL STORES (PERSONAL SERVICES)

    23337 Woodward Ave, Ferndale, MI 48220-1362

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

    1415 Bertha St, Ferndale, MI 48220-2324

    Estimated value:
    $165,000
    1,618 sqft 0.18 AC lot
    View details
    22600 Woodward Ave
    RETAIL STORES (PERSONAL SERVICES)

    22600 Woodward Ave, Ferndale, MI 48220-1810

    Estimated value:
    $1,820,000
    9,629 sqft 0.24 AC lot
    View details
    22042 Woodward Ave
    RETAIL STORES (PERSONAL SERVICES)

    22042 Woodward Ave, Ferndale, MI 48220-2521

    Estimated value:
    $235,000
    1,810 sqft 0.06 AC lot
    View details
    344 9th Mile Rd
    RESTAURANT

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

    Estimated value:
    $350,000
    5,422 sqft 0.16 AC lot
    View details
    611 9th Mile Rd
    RETAIL STORES (PERSONAL SERVICES)

    611 9th Mile Rd, Ferndale, MI 48220-1760

    Estimated value:
    $860,000
    6,108 sqft 0.27 AC lot
    View details
    221 9th Mile Rd
    RETAIL STORES (PERSONAL SERVICES)

    221 9th Mile Rd, Ferndale, MI 48220-1795

    Estimated value:
    $280,000
    5,178 sqft 0.14 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 6 active listings on our real estate platform. These investment opportunities span a total of 26,846 square feet of properties for sale, with an estimated market value of $2,668,000.

    Sale prices for stores in Ferndale, MI start at $69,000, averaging $889,333, and reaching up to $1,500,000 — 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 10
    Automotive properties 2
    Shopping centers 2
    Drug stores 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 $889.3K

    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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