- For Sale $599,999
- Property Type Retail - Street Retail
- Property Size 3,574 SF
- Units 2
- Lot Size 0.15 Acre
- Property Tenancy Multi-Tenant
- Year Built 1930
- Date Updated Feb 2, 2026
Description
Ferndale, MI, is a vibrant city just outside of Detroit, known for its eclectic shops, trendy eateries, and lively entertainment venues. The area boasts a dynamic mix of urban flair and small-town charm, attracting a diverse and engaged community. Ferndale's lively art scene, local breweries, and the annual DIY Street Fair make it a hot spot for residents and visitors alike. The city's pedestrian-friendly streets and proximity to major highways ensure excellent accessibility for retail and street retail investors looking to tap into the city's thriving spirit.An investment opportunity in the heart of downtown Ferndale, MI offers a coveted location with visibility and accessibility. Features a 3,574 SF building with 2 units, offering versatility and potential for retail or street retail ventures. Zoned CBD, it is ideally positioned for a wide range of commercial uses, maximizing its investment potential.
Highlights
- 0.5 Mile East of Woodward Avenue
- 3,574 SF Building Suitable for Retail, Office, or Mixed-Use
- Available for Sale or Lease
- CBD Zoning Supporting a Wide Range of Uses
- Competitive Pricing Offered Below Replacement Cost
- Excellent Visibility and Steady Foot Traffic
- Multi-Tenant Potential with Two Addresses 517 and 523 for Dual Occupancy or Multiple Income Streams
- One 10’ x 10’ Overhead Door
- Prime Downtown Location on W 9 Mile Road
- Rare On-Site Parking with 8 Surface Spaces
- Repositioning or Market-Rate Leasing Potential
- Strong Local Demographics with 381,572 PPL and $87,608 Avg. HHI Within 5 Miles
- Value-Add Opportunity
- Walkable Area Steps from Dining, Entertainment, and Established Neighborhoods
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Contacts
Simon Jonna
Colliers
Location
Contact Listing Broker
Simon Jonna
Colliers
