Building Details

Year Built 1941

Stories 2

Listing Agency: Colliers - Royal Oak/Detroit, Michigan

Listed By: Kurt Weber · License #6501446026

Source: Crexi

Added: Aug 29, 2024 Changed: Aug 24 Last Checked: Aug 31 at 6:00PM

Report an Issue

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 Colliers - Royal Oak/Detroit, Michigan

Investment Insights

Based on property information with market context.

This commercial real estate property, identified as an office property, is available for sale. The building has a size of 6279 square feet and is located on Wordsworth Street in Ferndale, Michigan.

Key Highlights

• For sale
• Year Built: 1941

Property Analytics

Property Profile

Current Use

Office Spaces

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Big Box & Wholesale Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

762

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this office spaces located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Single-Tenant Net Leased Retail Property

22740 Woodward Ave, Ferndale, MI 48220

$1,500,000

3,100 SF

View details

Industrial Building with 2-Ton Cranes

610 Livernois St, Ferndale, MI 48220

$1,299,000

9,046 SF

View details

Ferndale Restaurant Investment Opportunity

545 W Nine Mile Rd, Ferndale, MI 48220

$950,000

4,501 SF

View details

Six-Unit Duplex Portfolio

1447 Albany St, Ferndale, MI 48220

$960,000

4,502 SF

View details

Industrial Warehouse with Truck Wells

10811 Northend Ave, Ferndale, MI 48220

$2,799,000

34,400 SF

View details

Mixed-Use Multi-Unit Asset with Retail

23529 Woodward Ave, Ferndale, MI 48220

$1,099,000

4,100 SF

View details

Updated Duplex with Central Air

967 Alberta Street, Ferndale, MI 48220

$349,000

1,500 SF

View details

Updated Duplex with Detached Garage

967 Alberta St, Ferndale, MI 48220

$349,000

1,500 SF

View details

Ferndale Office Space For Sale

150 Livernois St, Ferndale, MI 48220

$299,000

1,235 SF

View details

Two-Unit Bungalow

320 E Cambourne St, Ferndale, MI 48220

$249,900

1,300 SF

View details

Industrial Flex Space For Sale

836 Livernois St |, Ferndale, MI 48220

$1,299,000

9,326 SF

View details

Office Space with Onsite Parking

150-200 Livernois, Ferndale, MI 48220

$299,000

1,228 SF

View details

Similar Off Market Nearby

• Anything Electronics Authorized Retailer - Ferndale MI — 853 Eight Mile Rd, Ferndale, MI 48220
• iwerk — 856 E 9 Mile Rd, Ferndale, MI 48220
• Charity Studio — 1938 Burdette St, Ferndale, MI 48220

Frequently Asked Questions

What type of property is this?

Office space - Office property for sale in Ferndale, Michigan.

Where is this office space located?

The property is located at 1415 Wordsworth St Ferndale, MI.

What is the asking price?

The asking price for this property is $975,000.

What are key features of this property?

This property features: For sale; Year Built: 1941