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1915 E 9 Mile Rd
Ferndale, MI 48220
Retail Property For Sale

Investment Highlights

  • Fully leased single-tenant investment with new five-year term beginning October 2026.
  • Located in Downtown Ferndale with strong traffic exposure along East 9 Mile Road.
  • Dedicated onsite parking for 13 vehicles, including two handicap spaces.
  • Renovated interiors, including new flooring, fresh paint, and updated systems between 2020 and 2022.
  • Close to I-75 and I-696, providing excellent regional connectivity to Detroit and surrounding suburbs.
  • Tenant responsible for utilities and low maintenance obligations.

Executive Summary

This single-tenant office/retail property offers a compelling investment opportunity in the heart of Ferndale. The 1,710 SF freestanding building sits on 0.22 acres and provides excellent visibility along East 9 Mile Road, a prominent corridor in Southeast Oakland County. The asset is fully occupied with a new five-year lease commencing October 2026, delivering predictable income and annual CPI adjustments. Recent capital improvements, including updated interior finishes, new flooring, and building paint, combined with essential upgrades such as a new heat exchanger and water heater, reduce near-term maintenance concerns.
Ferndale’s thriving commercial core attracts a diverse mix of businesses and residents, benefiting from its proximity to major highways, including I-75 and I-696, and convenient access to Detroit. Ample on-site parking, including handicap-accessible spaces, enhances tenant and customer convenience. The property’s stable tenancy, durable construction, and strong metropolitan location make it a highly competitive option for investors seeking reliable cash flow and long-term value.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,710 SF
Building Class
C
Year Built/Renovated
1970/2022
Price
$480,971 CAD
Price Per SF
$281.27 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.22 AC
Zoning
OS - Office/Retail
Parking
15 Spaces (7.6 Spaces per 1,000 SF Leased)
Frontage
31’ on E. 9 Mile Rd

Amenities

  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
25-26-457-028
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$202,035 CAD
  • Listing ID: 40596468

  • Date on Market: 2026-05-20

  • Last Updated:

  • Address: 1915 E 9 Mile Rd, Ferndale, MI 48220

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