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    1415 Wordsworth St Ferndale, MI 48220

    Sponsored
    For Sale
    $975,000

    Prime Ferndale location, 6,279 SF office space.

    Property size:
    6,279 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional executive office building, located at 1415 Wordsworth St in Ferndale, Michigan, presents a unique investment opportunity. The property boasts a substantial 6,279 square feet of space, situated on a half-acre lot (0.5 acres) in Oakland County. Built in 1941, this two-story building offers a blend of classic charm and modern functionality. The property features a fully fenced perimeter with two convenient access gates, enhancing security and privacy. A comprehensive security system is already in place, providing peace of mind. The building includes a well-equipped shop area, featuring five grade-level doors for easy loading and unloading. The office space is spread across two stories, offering ample room for various business needs. The asking price is $975,000, and a land contract is available for qualified buyers. Alternatively, the property can be leased for $5,700 per month, NNN. Its strategic location provides easy access to I-75 and Woodward Avenue, ensuring excellent connectivity and accessibility for employees and clients. The property's APN is 25-35-326-012, and the zip code is 48220. This is an ideal property for businesses seeking a well-maintained, secure, and conveniently located office space in a thriving Michigan community.

    Property Features for 1415 Wordsworth St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    6,279 SF
    Lot Size
    21,780 SF

    Building Details

    Year Built
    1941
    Stories
    2

    HighLights

    • $975,000 Sale Price
    • $5,700/Month NNN Lease Available
    • Land Contract Option Available
    • 6,279 SF Office Building
    • 0.5‑Acre Lot in Ferndale, MI
    • Fully Fenced with Two Access Gates
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ferndale
    County
    Oakland
    State
    Michigan
    Longitude
    -83.11436
    Latitude
    42.4537397

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Ferndale location, 6,279 SF office space.
    Where is this office property / 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: $975,000 Sale Price; $5,700/Month NNN Lease Available; Land Contract Option Available
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1415 Wordsworth St Ferndale, MI 48220
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