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Creative Space with Rooftop Solar
For Sale
$779,000

23452 Woodward Ave, Ferndale, MI 48220

C-2-zoned commercial building with fiber connectivity and infrastructure suited to multimedia work.

Property Size3,941 SF
Price / SF$197.67
Days on Market10

Property Features for 23452 Woodward Ave

General Information

Standard status Active
Size 3,941 SF
Class C
Total Parking Spaces 4
Property subtype Retail, Office
Zoning C-2

Amenities

security system
fiber-optic connectivity
rooftop solar panels

Building Details

Building Size 3,941 SF
Year Built 1953
Stories 1
Listing Agency: Signature Associates - Southfield
Listed By: Peter Vanderkaay · License #6501388318
Source: Cpix.resimplifi
Added: Oct 15 Changed: Oct 23 Last Checked: Oct 23 at 6:16PM

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 Signature Associates - Southfield

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Investment Insights

Based on property information with market context.

This 3,941-square-foot creative space was built in 1953 and has received updates to its HVAC, water heater, and security system. Fiber-optic connectivity and rooftop solar panels are also in place, supporting multimedia production and content creation uses.

The property is located on Woodward Avenue in Ferndale, Michigan, and carries C-2 zoning.

Key Highlights

  • 3,941‑square‑foot creative space
  • C‑2 zoning
  • Rooftop solar panels

Property Analytics

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Current Use

Creative space

Suggested Use

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

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

1,384
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Creative space - C-2-zoned commercial building with fiber connectivity and infrastructure suited to multimedia work.
Where is this creative space located?
The property is located at 23452 Woodward Ave Ferndale, MI.
What is the asking price?
The asking price for this property is $779,000.
What are key features of this property?
This property features: 3,941‑square‑foot creative space; C‑2 zoning; Rooftop solar panels
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