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Investment Highlights

  • Up to 6,000 square feet of office/retail available for lease
  • Great new opportunity for an owner/user
  • Prime Woodward Ave. building signage available
  • Located in the heart of Ferndale
  • Ample parking available on site

Executive Summary

12,000 SF of Office/Retail on Woodward Ave. available for sale. Located in the heart of Ferndale. Ample parking available on site. Prime Woodward Ave. building signage available.
1st Floor North - 3,500 SF leased thru March 2029
2nd Floor North - 3,000 SF (This is the only space in building currently vacant)
1st Floor South - 5,500 SF office/warehouse leased thru November 2026.
Available starting 12/1/26

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
Lease Option
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
12,000 SF
Building Class
C
Year Built/Renovated
1922/2019
Price
$1,450,000
Price Per SF
$120.83
Percent Leased
75%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,000 SF
Building FAR
0.74
Lot Size
0.37 AC
Zoning
B1 - Commercial Zoned District
Parking
20 Spaces (1.67 Spaces per 1,000 SF Leased)

Amenities

  • Security System
  • Signage
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Floor
  • 3,000 SF
  • Office
  • Partial Build-Out
  • Now

2nd Floor office space Approximately 3,000 SF. Woodward Frontage Entry On site parking and street parking available Open floor plan with 4 private offices and 3 restrooms. Custom kitchenette to be installed. General refresh includes new flooring / refinishing hardwood, interior paint and LED lighting.

Space Size Space Use Condition Available
2nd Floor 3,000 SF Office Partial Build-Out Now

2nd Floor

Size
3,000 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

2nd Floor

Size 3,000 SF
Space Use Office
Condition Partial Build-Out
Available Now

2nd Floor office space Approximately 3,000 SF. Woodward Frontage Entry On site parking and street parking available Open floor plan with 4 private offices and 3 restrooms. Custom kitchenette to be installed. General refresh includes new flooring / refinishing hardwood, interior paint and LED lighting.

Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
25-34-204-057
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$725,840
  • Listing ID: 32157796

  • Date on Market: 8/30/2022

  • Last Updated:

  • Address: 22438 Woodward Ave, Ferndale, MI 48220

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