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Downtown Ferndale Private Office Space
For Lease
$1,500/Mo

150 Vester Ave, Ferndale, MI 48220

4 Person Private Office in Downtown Ferndale

Space Size150 SF - 7,500 SF
Days on Market215

Property Features for 150 Vester Ave

General Information

Standard status Active
Property type Office Spaces
Size 150 SF - 7,500 SF
Class A
Elevators No
Lease Type Gross
Lease Term Flexible
Rate Type Monthly

Building Details

Year Renovated 2022
Buildings 1
Stories 2
Listing Agency:
Listed By: Carine
Added: Jan 29 Changed: Mar 16

Investment Insights

Based on property information with market context.

This private 4-person office space is located in downtown Ferndale. It offers a modern workspace with 24/7 access. The space includes height-adjustable desks and ergonomic chairs. Members have access to conference rooms equipped with Logitech video systems, printing services, and secure bike racks. Unlimited snacks, beverages, and premium teas are available in a community-driven environment. The property is located at 150 Vester Ave, Ferndale, MI 48220.

Property Analytics

Current Use

Office Spaces

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,475
Businesses Nearby
Under-served
Demand for This Use

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

Lease Benchmarks for Ferndale, MI

$20.98 /SF/Yr
Avg Asking Price
$12–$39 /SF/Yr
Price Range
6,040 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office space - 4 Person Private Office in Downtown Ferndale
Where is this office space located?
The property is located at 150 Vester Ave Ferndale, MI.
What is the lease rate?
The lease rate is $1,500/Mo.
More about this property
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