1415 Wordsworth StFerndale, MI 48220
- Retail properties
- 6,279 SF
Property Details for 1415 Wordsworth St
- Year built
- 1941
- Lot size
- 0.38 AC
- Property size (Sq ft)
- 6,279 SF
- Zone code
- II
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 24-25-35-326-012
- APU
- 242535326012
Description
This exceptional 6,279 square foot executive office building, located at 1415 Wordsworth Street in Ferndale, Michigan, presents a unique opportunity for a single tenant. The property boasts a two-story design situated on a half-acre lot, offering ample space and privacy. The entire building is currently vacant, providing immediate occupancy for a discerning business. The building's total square footage is 6,279 square feet, all available for lease. The property is classified as an executive office space, suggesting a high-quality build and finish. Its location in Ferndale, Michigan, zip code 48220, offers convenient access to local amenities and transportation networks. The property's single-tenant occupancy ensures exclusive use and control of the entire building. This presents a rare chance to secure a substantial and well-appointed office space in a desirable location. The building's size and layout are ideal for a company seeking a prominent and functional headquarters. Interested parties are encouraged to inquire further to explore the possibilities this exceptional property offers. The property is for lease and ready for immediate occupancy. The address is 1415 Wordsworth Street, Ferndale, MI 48220.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,919,732
- 6.5%
- $1,772,061
- 7%
- $1,645,485
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,480,091
- Geo Method
- $1,480,091
-
Alternative Use
- Use
- Valuation
- Residential
- $1,494,799
- Hospitality
- $1,369,228
- Educational
- $1,139,182
- Medical
- $1,178,360
- Retail
- $1,772,061
Location Insight
- City
- Ferndale
- County
- Oakland
- State
- Michigan
- Latitude
- 42.4538
- Longitude
- -83.1146
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].