Industrial Building Near Woodward
For Sale
$255,000
15 FERRIS Street, Highland Park, MI 48203
Industrial building suitable for manufacturing, storage, or automotive uses.
Property Size15,504 SF
Lot Size0.22 Acres
Price / SF$16.45
Days on Market1516
Property Features for 15 FERRIS Street
General Information
Standard status
Active
Size
15,504 SF
Lot size
0.22 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1924
Listing Agency:
Real Estate Management Specialists Inc
(313) 533-6300
Listed By:
Robert LaBute · License #6502139311
(313) 533-6300
Source:
Exitrealty
Added: Jun 9, 2022
Changed: Jul 10
Last Checked: Aug 2 at 6:46AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Estate Management Specialists Inc
Investment Insights
Based on property information with market context.
This industrial building presents an opportunity for remodeling and re-roofing. A concrete ramp provides access to the second floor, which features clearance suitable for vehicles, potentially allowing for enclosed parking and manufacturing. The building is located just off Woodward Avenue, offering convenient access to the expressway. Situated south of Palmer Park and north of Historic Chicago Boulevard, the property was previously used for boat sales and repairs. It may be suitable for classic vehicle storage or restoration. The roof may have a steel substructure. The property has a total size of 15504 square feet.
Key Highlights
- Concrete ramp to the second floor allows for vehicle access and potential enclosed parking/manufacturing space.
- Located just off Woodward Avenue, providing easy access to the expressway.
- Suitable for classic vehicle storage and restoration.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
454
Businesses Nearby
Explore this area
Business Placement
Demographics for 48203, MI
22,168
Population
13,591
Households
1.6
Avg Household Size
39
Median Age
19%
College-Educated
85%
High-School Grad
8.2 sq mi
ZIP Area
2,703
Density / Sq Mi
$35,108
Median Household Income
$28,364
Median Earnings
$799
Median Rent
$76,100
Median Home Value
Market
Average Price Trend$/SF for Industrial properties in Wayne County, MI
Properties on Market for Industrial properties in Wayne County
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial property - Industrial building suitable for manufacturing, storage, or automotive uses.
Where is this industrial property located?
The property is located at 15 FERRIS Street Highland Park, MI.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Concrete ramp to the second floor allows for vehicle access and potential enclosed parking/manufacturing space.; Located just off Woodward Avenue, providing easy access to the expressway.; Suitable for classic vehicle storage and restoration.
