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    OFF-MARKET
    Industrial properties

    22007 Woodward St, Ferndale, MI 48220

    9,009 SF 0.19 ac lot Built 1919
    Property ID
    Property summary
    AI-generated overview

    This exceptional 9,000 square foot industrial property, situated on the prestigious Woodward Avenue in Ferndale, MI, presents a unique opportunity for businesses seeking a high-visibility location. The meticulously maintained building offers a blend of modern amenities and versatile workspace, ideal for a variety of uses. The thoughtfully designed layout includes multiple private offices, collaborative work areas, and a welcoming reception area, creating a professional and productive environment. State-of-the-art features such as a modern kitchen, recreation space, and a unique loft area cater to employee well-being and foster creativity. Efficient climate control systems ensure year-round comfort, while multiple private entrances provide flexibility and privacy. This 0.19-acre lot provides ample space for operations and potential expansion. The property's prime location within Ferndale's thriving business district offers easy access to a vibrant community, clients, and a skilled workforce. This is a rare opportunity to secure a premier location that will significantly enhance your business's profile and success. The asking price is $1,475,000.

    Property profile
    Verified
    Property type Industrial properties
    Year built 1919
    Total area 9,009 SF
    Lot 0.19 ac (8,276 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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