431 W 9 Mile Road Ferndale, MI $ 150,000
431 W 9 Mile Road
$ 150,000
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431 W 9 Mile Road

Ferndale, MI, 48220
$ 150,000
Baths0.0 Sq 2,381

Monthly Estimate*

$ 1,048

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Studio

Commercial Property for sale in Ferndale, MI

for $150,000. This 2,381 square foot building was built in 1948 on a lot size of 0.06.

Successful Dry Cleaners & Alterations Service Business Only for Sale in Downtown Ferndale! Are you ready to step into the thriving world of dry cleaning and alterations? Look no further! We present to you an exceptional opportunity to acquire a well-established dry cleaning and alterations service business located in the heart of Downtown Ferndale. Established reputation for quality service and customer satisfaction. Prime location with high visibility and steady foot traffic. Fully equipped facility with top-of-the-line machinery to handle various cleaning and pressing needs. Key Equipment Included: Firbimatic Omina Hydrocarbon Dry Cleaning Machine, Professional 100Hd Heavy Duty Steam Ironing Press, Commercial Cissell CHD50 Dryer, Ingersoll-Rand 5HP Rotary Screw Air Compressor , Unimac UW60 Washing Machine, Itsumi BT-10XMC 99 Single Shirt Machine and much more! Strong and loyal customer base with repeat clientele with an opportunity for growth and expansion through marketing initiatives and additional services tapping to a larger customer base that has not been taken advantage of. Skilled and experienced staff in place, ready to support new ownership. (Will Only Need To Hire A Tailor) Netting over $100,000/Annually! Financial details available upon request for serious inquiries. Don't miss out on this incredible opportunity to own a successful dry cleaning and alterations business in Downtown Ferndale. Take the next step towards entrepreneurship and schedule a viewing today!

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Commercial Active

Price

$ 150,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,844

Style

Dry Cleaners, Laundry, Tailor, Alterations

Lot Size

0.06

Year Built

1948

Town/City

Ferndale

County/Region

Oakland

MLS | Web ID

20240018490

Features
General
Sewer Public Sewer (Sewer-Sanitary)
Heating Forced Air
Possession At Close
current use Dry Cleaners Laundry Tailor Alterations
Zoning Commercial Multiple
Year Built 1948
Business Type Service Retail
Property Type Commercial
Subdivision Name ELSINORE SUB
Transaction Type Sale
Status Active
Short Sale No
Cumulative Days on Market 35
MLS Area Ferndale
Directions 9 Mile & Woodward
City Ferndale
Terms Offered Cash Contract Conventional
School District Ferndale
Land Contract 1
Ownership Status Short Sale - No Private Owned
Street Name 9 MILE
Assessment 309.00
Total Sq Ft 2381
DOM 35
Taxes 5844.0000
Legal Description T1N R11E SEC 34 ELSINORE SUB LOT 11 EXC W 40 FT ALSO EXC S 18 FT
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Exterior
Waterfront 0
Lot Size Area 0.06
Water Source Public (Municipal)
Foundation Slab
Architecture Level 1 Story
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Interior
Street Suffix Road
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Fadi Dabaja

Listing Agent

Exp Realty Llc

Broker

(313) 600-6189

Phone

Affordability Calculator

$1,535
Per Month
68%
32%
0%
Monthly Principal & Interest
$1,048
Monthly Property Taxes
$487
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
848457 Elementary School
847983 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/23/2024$150,000 Listed Price

Map


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431 W 9 Mile Road, Ferndale, MI, 48220 is a Commercial Property for sale at $150,000 with 2,381 sqft and a lot size of 0.06. 431 W 9 Mile Road is a studio with 0.0 baths and was built in 1948. The property's zip code is 48220 which is in Ferndale, MI