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Prime Ferndale Commercial Space
For Lease
$5,000/Mo

23059 Woodward Avenue #1, Ferndale, MI 48220

Highly visible storefront in a vibrant Metro Detroit location.

Space SizeContact for details
Property Size2,184 SF
Days on Market182

Property Features for 23059 Woodward Avenue #1

General Information

Standard status Active
Size 2,184 SF
Zoning Commercial

Building Details

Building Size 2,184 SF
Year Built 1926
Stories 2
Units 2
Listing Agency: Brookstone, Realtors LLC
Listed By: Nahed Yousif
Source: Phgrealty
Added: Feb 23 Changed: Aug 23 Last Checked: Aug 24 at 12:38PM

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.

This commercial space is available for lease in a prime Ferndale location at 23061 Woodward Ave, Ferndale, MI 48220, situated on the corner of 9 Mile and Cambourne. The property benefits from its location in one of Metro Detroit's most sought-after commercial corridors, characterized by nonstop activity, thriving local businesses, and high foot traffic. The storefront offers high visibility with constant vehicle and pedestrian traffic. Adjacent parking is available for customers and staff. The surrounding area includes restaurants, retail establishments, nightlife venues, and community attractions. The interior provides a blank canvas for customization, making it suitable for various uses, including retail, boutique, creative studio, service business, or office space with city approval. Ferndale is known for its walkability, strong community support for local businesses, and year-round events. The location has a walk score of 76, indicating it is very walkable, and a bike score of 80, indicating it is very bikeable.

Key Highlights

  • Prime Ferndale location at the high‑traffic corner of 9 Mile and Woodward.
  • High‑visibility storefront with constant vehicle and pedestrian traffic.
  • Blank canvas interior ready for customization.

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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,382
Businesses Nearby
147k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 66% Shops & Services 24% Electronics 5% Beauty & Spa 4%
McDonald's Dining
22,302 visits/mo 0.5 miles
Wendy's Dining
20,467 visits/mo 0.4 miles
Pizza Hut Dining
13,458 visits/mo 0.1 miles
Mobil Shops & Services
9,934 visits/mo 0.5 miles
Jimmy John's Dining
9,851 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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Storefront property - Highly visible storefront in a vibrant Metro Detroit location.
Where is this storefront property located?
The property is located at 23059 Woodward Avenue #1 Ferndale, MI.
What is the lease rate?
The lease rate is $5,000/Mo.
What are key features of this property?
This property features: Prime Ferndale location at the high‑traffic corner of 9 Mile and Woodward.; High‑visibility storefront with constant vehicle and pedestrian traffic.; Blank canvas interior ready for customization.
More about this property
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