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    Ferndale, MI
    Theaters & Concert Hall

    Ferndale, MI Theaters & Concert Halls 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 6 Potential Opportunities for your consideration. Besides 1 Active listings in Ferndale, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

    Golf Course & Driving Range
    Golf Course & Driving Range

    3600 Wayland Drive, Jackson, MI 49202

    $1,950,000
    5,483 sqft 37.52 AC lot

    Miniature golf, simulators, event space, and a concert venue support multiple onsite uses.

    View details
    Remodeled Wedding Venue
    Remodeled Wedding Venue

    1805 E Ganson Street, Jackson, MI 49202

    $99,000
    2,056 sqft 0.20 AC lot

    Flexible event property with a lower-level kitchen, two updated bathrooms, and durable commercial-grade flooring.

    View details
    Art Deco Theater Redevelopment
    Art Deco Theater Redevelopment

    10709 Grand River, Detroit, MI 48204

    Contact for pricing
    23,959 sqft

    M4-zoned property with documented theater, performance, and church history.

    View details
    Entertainment Hall Building
    Entertainment Hall Building

    12121 GRATIOT Ave, Detroit, MI 48205

    $189,000

    Entertainment hall property with a recently installed roof, offering flexible use possibilities for multiple community-oriented concepts.

    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

    Ferndale, MI Theaters & Concert Halls Market Trends and Statistics

    Explore 2 theaters & concert halls 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 performance venues 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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