22007 Woodward Ave Ferndale, MI 48220-2983
This exceptional mixed-use property, located at 22007 Woodward Avenue in Ferndale, Michigan (zip code 48220), offers nearly 9,000 square feet of versatile office space. Ideal for creative or traditional office uses, this building is beautifully maintained and boasts a highly visible location on the iconic Woodward Avenue. The property features multiple private offices, collaborative workspaces, and a welcoming reception area. Amenities include a modern kitchen and recreation space, a unique loft area perfect for meetings or brainstorming, fully appointed restrooms, efficient climate control (AC and forced-air heating), and multiple private entrances. The thoughtfully renovated interior combines modern elegance with practical design, offering unmatched versatility to accommodate various business needs and configurations, from private offices to open-plan workstations. This expansive space allows for significant scalability and potential subleasing opportunities. The property's prime location within Ferndale's thriving business district provides easy access to clients, talent, and a vibrant community. The asking price for this exceptional opportunity is $1,475,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BI · Ferndale, MIFerndale. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.