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Corner Retail Storefront
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23059 WOODWARD AVE, Ferndale, MI 48220

Retail storefront with a blank-canvas interior and adjacent parking on a Woodward Ave corner location.

Property Size4,368 SF
Price / SF$1.14
Days on Market170

Property Features for 23059 WOODWARD AVE

General Information

Standard status Active
Size 4,368 SF
Property subtype Industrial

Amenities

3
4099

Building Details

Year Built 19
Listing Agency: Brookstone, Realtors LLC
Listed By: Nahed Yousif
Source: Xome
Added: Feb 22 Changed: Aug 8 Last Checked: Aug 11 at 5:36AM

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 Brookstone, Realtors LLC

Investment Insights

Based on property information with market context.

Available for lease, this retail storefront at 23059 Woodward Avenue Unit SourceFi in Ferndale, MI offers a blank-canvas interior suited to a range of concepts. The space is presented for customization, with city approval required to utilize the space for office use. At approximately 4,368 square feet, it provides a straightforward layout for retail, boutique, creative studio, or service business operations.

The property is positioned on a corner along Woodward Avenue at the intersection of 9 Mile and Cambourne, supporting strong storefront presence. The building also offers adjacent parking for customer and staff convenience.

For tenants looking for a flexible ground-floor environment with an adaptable interior, this location on Woodward Avenue provides a commercially oriented retail setup with customization options for approved uses.

Key Highlights

  • Retail storefront for lease at 23061 Woodward Ave, Ferndale, MI 48220 on the corner of 9 Mile & Cambourne
  • High‑visibility corner location on Woodward Ave
  • Blank‑canvas interior ready for your buildout with flexibility for retail, boutique, creative studio, service business, or office (with city approval)

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Daycare Center Computer & Electronic Repair (Bike/Boat/Book/etc) Store HVAC Service Garden Center Nursing Home

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

522
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

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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Similar Off Market Nearby

  • Olive's Bloombox 1011 Livernois, Ferndale, MI 48220
  • Olive's Bloombox 262 W Nine Mile Rd, Ferndale, MI 48220
  • 1-800-Flowers ferndale, mi 48220

Frequently Asked Questions

What type of property is this?
Storefront property - Retail storefront with a blank-canvas interior and adjacent parking on a Woodward Ave corner location.
Where is this storefront property located?
The property is located at 23059 WOODWARD AVE Ferndale, MI.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Retail storefront for lease at 23061 Woodward Ave, Ferndale, MI 48220 on the corner of 9 Mile & Cambourne; High‑visibility corner location on Woodward Ave; Blank‑canvas interior ready for your buildout with flexibility for retail, boutique, creative studio, service business, or office (with city approval)
More about this property
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