Corner Retail Storefront with Rooftop
For Sale
$69,000
22757 Woodward Ave, Ferndale, MI 48220
Retail storefront on a prominent corner with a rooftop billboard generating income and an existing vacancy.
Property Size9,532 SF
Price / SF$7.24
Days on Market153
Property Features for 22757 Woodward Ave
General Information
Standard status
Active
Size
9,532 SF
Building Details
Year Built
1926
Listing Agency:
Great Lakes Real Estate Agency LLC
Listed By:
Sam Talib · License #6501405145
(248) 480-6867
Source:
Katie-k
Added: May 7
Changed: Sep 21
Last Checked: Oct 5 at 8:35PM
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 Great Lakes Real Estate Agency LLC
Investment Insights
Based on property information with market context.
This corner retail storefront at 22757 Woodward Ave, Ferndale, MI 48220 is available for sale with an existing vacancy. The property is described as pristinely maintained, including facade improvements and restoration recognized by the Woodward Avenue Action Association. In addition to the retail space, the building includes an income-generating rooftop billboard.
The asset is positioned on a prominent corner at 9 Mile and Woodward. The current vacancy is associated with a previous nightclub operation.
The remarks indicate a Class C Liquor License with extended hours, dance/entertainment, and Sunday sales endorsements can be purchased separately from the real estate transaction, along with personal property and the business name “Grasshopper Underground.”
The asset is positioned on a prominent corner at 9 Mile and Woodward. The current vacancy is associated with a previous nightclub operation.
The remarks indicate a Class C Liquor License with extended hours, dance/entertainment, and Sunday sales endorsements can be purchased separately from the real estate transaction, along with personal property and the business name “Grasshopper Underground.”
Key Highlights
- Rooftop billboard generates income on the property
- Vacant retail property with a previous nightclub operation
- Class C Liquor License with extended hours, dance/entertainment, and Sunday sales endorsements available for separate purchase
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,566
Businesses Nearby
160k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 72%
Shops & Services 19%
Electronics 4%
Beauty & Spa 4%
McDonald's
Dining
22,302 visits/mo
0.1 miles
Wendy's
Dining
20,467 visits/mo
0.1 miles
Pizza Hut
Dining
13,458 visits/mo
0.3 miles
Taco Bell
Dining
10,104 visits/mo
0.5 miles
Mobil
Shops & Services
9,934 visits/mo
0.1 miles
Demographics for 48220, MI
21,564
Population
12,003
Households
1.8
Avg Household Size
37
Median Age
53%
College-Educated
96%
High-School Grad
4.4 sq mi
ZIP Area
4,901
Density / Sq Mi
$86,095
Median Household Income
$54,557
Median Earnings
$1,191
Median Rent
$229,700
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Storefront property - Retail storefront on a prominent corner with a rooftop billboard generating income and an existing vacancy.
Where is this storefront property located?
The property is located at 22757 Woodward Ave Ferndale, MI.
What is the asking price?
The asking price for this property is $69,000.
What are key features of this property?
This property features: Rooftop billboard generates income on the property; Vacant retail property with a previous nightclub operation; Class C Liquor License with extended hours, dance/entertainment, and Sunday sales endorsements available for separate purchase
