2321 Wolcott St, Ferndale, MI 48220-1420
This exceptional 1,980-square-foot retail space is ideally situated at 2321 Wolcott Street in Ferndale, Michigan, within Oakland County. Currently vacant and ready for immediate occupancy, this single-tenant property presents a fantastic opportunity for a variety of businesses. The building's total square footage is 1,980 square feet, offering ample space for retail operations, display, and storage. The property is zoned M-1 Limited Industrial District, providing flexibility for certain commercial uses. Its convenient location in Ferndale offers excellent visibility and accessibility for customers. The address is 2321 Wolcott Street, Ferndale, MI 48220. This property is perfect for a business seeking a well-located, spacious, and immediately available retail space in a thriving Michigan community. The property is easily accessible and benefits from high traffic volume in the area. The single-tenant occupancy ensures complete control and customization of the space to meet specific business needs. Serious inquiries are encouraged to explore this prime retail opportunity. The property is available for lease and offers a blank canvas for a new business venture. This is a unique chance to establish a presence in a dynamic and growing market.
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
II · 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.