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    Ferndale, MI
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    Ferndale, MI Retail Space for Sale

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    6 properties
    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
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    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
    Office-Retail Suite with Storefront
    Updated: Apr 23
    Office-Retail Suite with Storefront

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

    Contact for pricing
    2,258 sqft
    Move‑in ready office/retail suite on W Nine Mile Road in downtown Ferndale
    Open‑concept main area plus 2 private offices/rooms and storage
    Modern reception area with epoxy flooring and bright, well‑lit interior
    Large storefront windows for natural light and street‑level visibility
    Central A/C and heating for year‑round comfort
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    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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.

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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.

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    Based on your search, we've compiled 76 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

    Opportunities in Nearby Cities

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

    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.

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    Hazel Park Retail Space Available
    Hazel Park Retail Space Available

    2410524121 John R Rd, Hazel Park, MI 48030

    Contact for pricing
    8,047 sqft

    Retail space for sale in Hazel Park, Michigan.

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    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

    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
    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
    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
    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
    22600 Woodward Ave
    RETAIL STORES (PERSONAL SERVICES)

    22600 Woodward Ave, Ferndale, MI 48220-1810

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

    22042 Woodward Ave, Ferndale, MI 48220-2521

    $235,000
    Estimated value
    1,810 sqft 0.06 AC lot
    View details
    611 9th Mile Rd
    RETAIL STORES (PERSONAL SERVICES)

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

    $860,000
    Estimated value
    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

    $280,000
    Estimated value
    5,178 sqft 0.14 AC lot
    View details
    201 9th Mile Rd
    RETAIL STORES (PERSONAL SERVICES)

    201 9th Mile Rd, Ferndale, MI 48220-2078

    $345,000
    Estimated value
    5,581 sqft 0.13 AC lot
    View details
    1737 9th Mile Rd
    RETAIL STORES (PERSONAL SERVICES)

    1737 9th Mile Rd, Ferndale, MI 48220-2039

    $250,000
    Estimated value
    2,400 sqft 0.15 AC lot
    View details
    224 9th Mile Rd
    RETAIL STORES (PERSONAL SERVICES)

    224 9th Mile Rd, Ferndale, MI 48220-1794

    $230,000
    Estimated value
    3,004 sqft 0.07 AC lot
    View details
    230 9th Mile Rd
    RETAIL STORES (PERSONAL SERVICES)

    230 9th Mile Rd, Ferndale, MI 48220-1794

    $220,000
    Estimated value
    2,057 sqft 0.05 AC lot
    View details
    23422 Woodward Ave
    RETAIL STORES (PERSONAL SERVICES)

    23422 Woodward Ave, Ferndale, MI 48220-1344

    $150,000
    Estimated value
    1,056 sqft 0.07 AC lot
    View details
    600 Hilton Rd
    RETAIL STORES (PERSONAL SERVICES)

    600 Hilton Rd, Ferndale, MI 48220-2503

    $150,000
    Estimated value
    1,072 sqft 0.06 AC lot
    View details

    Ferndale, MI Retail Space Market Trends and Statistics

    Explore 72 retail space for sale in Ferndale, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 34,397 square feet of properties for sale, with an estimated market value of $3,100,000.

    Sale prices for retail space in Ferndale, MI average $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 $716.7K

    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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