Corner Parcel 9 Mile & Pinecrest in Downtown Ferndale

Retail-Commercial for Sale
Catylist Listing ID: 30296424
Property Subtypes: Free-Standing Building, Retail-Pad
Building Size (RSF): 2,403 SF
Gross Land Area: 210 - 63 SF
Sale Price: $300,000
Unit Price: $124.84 PSF
Ceiling: 12 ft.
Property Use Type: Vacant/Owner-User
Building Name: Sun-Brite Cleaners
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 3/29/2020

Overview / Comments

Available, 24000 sq. ft building and a 600 sq. ft garage are part of the sale.

All hazardous fluids have been removed from the site by Safety-Kleen.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Royal Oak Vicinity
Taxing Authority: Ferndale
Tax ID/APN: 2533201031
Zoning: 201 COMMERCIAL
Retail Clientele: Business
Property Located Between: Corner of Pinecrest & 9 Mile
Property Visibility: Excellent
Largest Nearby Street: 9 Mile
Feet of Frontage: 210
Highway Access: (I-696) - 3 Miles (I-75) - 5 Miles
Airports: 30 Minutes
Site Description: Corner Parcel, an additional 30 feet to the South should be available, to make the total width 93 feet x 210 feet on 9 Mile
Area Description: Half mile West of Woodward, in the Downtown Ferndale area.
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 2,403 SF
Property Condition: Poor
Year Built: 1965
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Brick, Block, Glass
Total Parking Spaces: 20
Parking Type: Surface
Parking Description: Asphalt parking lot
Heat Type: Hot Water
Heat Source: Radiant
Interior Description: Rough Shape
Lot Frontage: 210
Lot Depth: 63
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Easements Description: Sidewalk - Utilities
Legal Description: T1N, R11E, SEC 33 LEGGETT FARM SUB LOT 1 BLK A

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 21,065 194,993 516,898
Median Age: 37.6 38.51 38.19
Households: 9,631 83,057 209,416


Photograph of Listing Agent

Steve Katsaros

Keller Williams Metro
CPIX Member
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