Ferndale Retail / Flex Space (Sale or Lease)

For Sale

523 West Nine Mile Road, Ferndale, MI 48220

This Ferndale property for sale is located at 523 West Nine Mile Road. The current listed sale price for Ferndale Retail / Flex Space (Sale or Lease) is $599,999. Ferndale Retail / Flex Space (Sale or Lease) is situated on a lot that is 0.15 acre in size.

Contacts

Simon Jonna

Colliers

Property Details

  • 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
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.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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

Getting around

  • 91/100

    Walk Score ®

  • 86/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Ferndale, MI
  • Zip Code 48220
  • Market Detroit

Points of Interest

  • Royal Oak

    2.03 miles

  • CDM Transport LLC

    3.80 miles

  • Troy

    6.23 miles

  • Grand Boulevard

    7.11 miles

  • Baltimore Street

    7.25 miles

  • Detroit

    7.31 miles

  • Amsterdam Street

    7.44 miles

  • Ferry Street

    7.83 miles

  • Warren Avenue

    8.10 miles

  • Canfield Street

    8.50 miles

  • Ferndale Public Library

    0.44 miles

  • Mobil

    0.49 miles

  • Citgo

    0.54 miles

  • Marathon

    0.88 miles

  • Shell

    0.94 miles

  • BP

    0.98 miles

  • Sunoco

    0.98 miles

  • Tesla Supercharger

    1.60 miles

  • Blink

    4.90 miles

  • EV Charging LLC

    5.12 miles

  • US Post Office Parking lLot

    0.35 miles

  • Church parking lot

    0.47 miles

  • Lawrence C. Falvey Parking Lot

    0.47 miles

  • 10 Mile Parking Lot

    1.20 miles

  • Water Tower Parking Lot

    1.20 miles

  • Woodward Parking Lot

    1.25 miles

  • Lafayette Avenue Parking Structure

    1.97 miles

  • Farmer's Market Lot P11

    2.03 miles

  • Main North Garage

    2.13 miles

  • Student / Vistor Parking Lot F

    3.10 miles

  • The Blue Nile

    0.01 miles

  • Hungry Howie's

    0.11 miles

  • Red Olive Family Restaurants

    0.11 miles

  • Papa Romano's Pizza

    0.13 miles

  • Hong Kong 1

    0.13 miles

  • The Corner

    0.15 miles

  • Assaggi Bistro

    0.16 miles

  • Bangkok Cafe

    0.17 miles

  • Pop's for Italian

    0.20 miles

  • Rosie O'Grady's

    0.20 miles

  • Ferndale Foods

    0.04 miles

  • Western Market

    0.05 miles

  • Natural Food Patch

    0.26 miles

  • Organic Food & Vitamin Center

    0.31 miles

  • The Rust Belt Market

    0.33 miles

  • Aaron's

    0.46 miles

  • ALDI

    1.13 miles

  • Holiday Market

    1.30 miles

  • Kroger

    1.33 miles

  • Marshalls

    1.51 miles

Contact Listing Broker
Simon Jonna

Colliers

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.