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    Ferndale, MI Sports & Entertainment Properties for Sale

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    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
    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 10 Potential Opportunities for your consideration. Besides 1 Active listings in Ferndale, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 3 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.

    Cabaret-Licensed Gentlemen's Club
    Cabaret-Licensed Gentlemen's Club

    13109 W Eight Mile Rd, Detroit, MI 48235

    $750,000
    3,800 sqft

    Turn-key gentlemen's club with cabaret and liquor licenses, full food menu, and updated kitchen equipment on a corner with ample parking.

    View details
    Sound Studio with Multiple Stages
    Sound Studio with Multiple Stages

    23689 Industrial Park Drive, Farmington Hills, MI 48335

    Contact for pricing
    33,615 sqft

    Fully built-out studio space with production stages, dressing and green rooms, and co-working areas for film operations.

    View details
    Detroit Gentlemen's Club Opportunity
    Detroit Gentlemen's Club Opportunity

    13109 W Eight Mile Rd, Farmington Hills, MI 48235

    $750,000
    0.25 AC lot

    Historic gentlemen's club with licenses, cash flow, and updated equipment.

    View details
    Nightclub with Cabaret License
    Nightclub with Cabaret License

    13109 W Eight Mile Road, Detroit, MI 48235

    $750,000
    3,800 sqft 0.25 AC lot

    Established entertainment venue with food service, bar operations, updated kitchen equipment, and on-site 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.

    Office-Service Commercial Land
    Office-Service Commercial Land

    41628 6 Mile Road, Northville, MI 48168

    $498,500
    0.85 AC lot

    Office Service-zoned parcel with public water, public sewer, and multiple utilities accessible at the street.

    View details
    Land
    Land

    10467 Willis Road, Willis, MI 48191

    $99,900
    5.23 AC lot

    Commercial land · 5.23 Acres

    View details
    Commercial Land with Highway Access
    Commercial Land with Highway Access

    10467 Willis Road, Augusta Twp, MI 48191

    $99,900
    5.23 AC lot

    Commercially zoned vacant land with public water and access to multiple regional highways.

    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.

    22918 Woodward Ave
    THEATER (MOVIE)

    22918 Woodward Ave, Ferndale, MI 48220-1737

    Estimated value:
    $630,000
    5,328 sqft 0.12 AC lot
    View details
    600 9th Mile Rd
    BOWLING ALLEY

    600 9th Mile Rd, Ferndale, MI 48220-1962

    Estimated value:
    $410,000
    14,416 sqft 1.01 AC lot
    View details

    Ferndale, MI Sports & Entertainment Properties Market Trends and Statistics

    Explore 3 sports & entertainment properties for sale in Ferndale, MI on our real estate platform. These investment opportunities span a total of 11,028 square feet of properties for sale, with an estimated market value of $1,890,000.

    Sale prices for sports & entertainment 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

    Theaters & concert halls 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)

    Property Size Breakdown

    The majority of commercial real estate listings in Ferndale fall within the 5,000 to 10,000 square foot range.

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