This exceptional 22,552 square foot industrial property, situated on a 0.75-acre lot in Ferndale, Michigan, presents a compelling investment opportunity. The single-story building, zoned C-2 General Commercial, features three units totaling 22,552 square feet, with an asking price of $1,800,000 ($79.82/SF and $600,000 per unit). One unit offers a turnkey flex space with high-quality finishes, including three new HVAC units, a new façade, new entry doors and windows, updated electrical, polished concrete floors, custom offices and conference rooms, bathrooms, access control, 36 security cameras, and a state-of-the-art IT infrastructure. Another unit is primarily open warehouse space with a roll-up door, currently leased until August 31, 2027. A third 5,361 square foot unit, also with high-end finishes, is similarly leased until August 31, 2027. The property boasts excellent visibility on East 9 Mile Road with pylon signage and benefits from a strategic location near I-696 and I-75, less than one mile from Downtown Ferndale. The property's APN is 25-35-101-004-01. This multi-tenant property offers a blend of immediate income and long-term growth potential. The building's features and location make it an ideal investment for a diverse range of businesses.
Highlights
22,552 SF industrial property on a 0.75-acre lot in Ferndale, MI.
Three units totaling 22,552 SF, asking $1,800,000 ($79.82/SF, $600,000/unit).
One unit features turnkey flex space with high-end finishes, including new HVAC, façade, entry doors, windows, electrical, polished concrete floors, and modern IT infrastructure.
Two units are leased until August 31, 2027.
Excellent visibility on E. 9 Mile Rd, near I-696 & I-75, less than one mile from Downtown Ferndale.
Property Details
for 850 9 Mile Rd
Property type
Warehouses, Industrial properties
Square Feet
22,552 SF
Buildings
1
Stories
1
Lot Size (sq. ft)
32,670 SF
Units
3
Location Insight
City
Ferndale
County
Oakland
State
Michigan
Latitude
42.460922749293
Longitude
-83.121972405183
850 9 Mile Rd, Ferndale, Michigan
Nearby Similar for Sale
For Sale
$1,499,999
Ferndale Multi-Tenant Industrial Property
High-yield redevelopment opportunity in Ferndale, MI.
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Contacts
David Jappaya
Kevin Jappaya, CCIM
Preston Rabban
Visit Broker Website
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Useful Information
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850 9 Mile Rd, Ferndale, Michigan, 48220
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Disclaimer
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We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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850 9 Mile Rd
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