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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
    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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    1 active listing matches your search: Theater / Concert Hall for sale in Ferndale, MI. Based on your search, we've also compiled 5 Potential Opportunities for your consideration: 4 properties in nearby cities and 1 off-market property to explore as potential leads.

    Opportunities in Nearby Cities

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

    Performance Venue with Stage
    Performance Venue with Stage

    1305 E Tallmadge Ave, Akron, OH 44310

    Chapel Hill
    $699,900
    Business included  4,369 sqft  0.56 acres  Built 1965
    Road access

    A performance space combines installed sound and lighting with a working kitchen and on-site parking.

    Stage  Lighting  Speakers  Fully operating kitchen  Walk-in refrigerator  Walk-in freezer
    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
    Redevelopment Land Parcel
    Redevelopment Land Parcel

    1210 Independence Ave, Akron, OH 44310

    Chapel Hill
    Contact for pricing
    9.66 acres
    Road access

    Redevelopment land with more than 640 feet of frontage on Independence Avenue and prior movie theater site.

    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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