For Lease
$24.95/SF/YR

22757 Woodward AveFerndale, MI 48220

Prime Ferndale location, 10,000 sqft, flexible layouts.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 10,000 square foot retail property, located at the highly visible corner of Woodward Avenue and 9 Mile Road in Ferndale, Michigan, presents a unique investment opportunity. Situated on a 0.14-acre lot, this two-story, Class B building, constructed in 1926, boasts a prominent presence with 47,000 vehicles passing daily on Woodward Avenue. The property is professionally managed and meticulously maintained, having received awards for its façade improvements and restoration. Currently, 4,228 square feet of space is available, divisible into units as small as 1,061 square feet and up to a contiguous 4,228 square feet. The building features one suite and previously housed a nightclub, leaving behind three built-out bars, a garage door, a patio zone service window, existing signage on Woodward Avenue, and other valuable fixtures ideal for similar uses. A liquor license, including endorsements for extended hours, dance/entertainment, and Sunday sales, is available for purchase separately. Abundant municipal parking is conveniently located nearby. The property is zoned for Central Business District use and is situated in a thriving area alongside established businesses such as Jim Shaffer and Associates and Woodward Market Convenience Store. The property's versatile layout allows for adaptation to various retail or office uses. The Oakland County property (APN 2534126017) offers a compelling combination of location, history, and potential.

Highlights

  • High-profile corner location at 9 Mile & Woodward Ave in Ferndale, boasting 47,000 vehicles per day on Woodward.
  • Historic building, professionally managed and meticulously maintained; recipient of Woodward Avenue Action Association award for façade improvements.
  • Ample municipal parking nearby.
  • Strong tenant mix including Jim Shaffer and Associates and Woodward Market.
  • Flexible suite sizes available: 1,061 SF, 2,510 SF, 3,167 SF, and 4,228 SF.
  • Existing bar build-out featuring three bars, garage door, patio service window, Woodward Ave signage, and other valuable fixtures.

Property Details for 22757 Woodward Ave

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
10,000 SF
Class
B
Year Built
1926
Buildings
1
Stories
2

Unit(s) available at that property

Space
300
Size
4,228 SF
Rate per SF
$24.95

Location Insight

City
Ferndale
County
Oakland
State
Michigan
Latitude
42.46043673
Longitude
-83.13468073
22757 Woodward Ave, Ferndale, Michigan

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22757 Woodward Ave
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