177 Vester Ave
Ferndale, MI 48220
Retail Property For Sale

Offered at $1,500,000, 177 Vester Ave delivers a rare owner occupant or investor acquisition in one of Metro Detroit’s most sought after walkable submarkets. Located in the heart of Ferndale, the asset sits within a district well known for its strong retail identity, steady pedestrian traffic, and dynamic local culture. The property’s freestanding configuration provides a compelling advantage in a corridor where smaller parcels and mixed use buildings dominate the landscape. This positioning offers a buyer tangible long term value driven by location quality, visibility, and the submarket’s sustained tenant demand.
The building is offered turnkey with existing restaurant infrastructure, allowing purchasers to activate operations quickly or reposition the space to meet future needs. A large commercial kitchen, established bar layout, and outdoor patio create flexibility for multiple food and beverage concepts. With a liquor license available for purchase, the property offers an additional value component that supports revenue diversification for operators or enhances leasing potential for investors seeking restaurant tenancy.
Ferndale’s continued growth and its strategic location between Detroit and the northern suburbs contribute to strong surrounding fundamentals. Within a five mile radius, nearly 400,000 residents contribute to more than $4.4 billion in annual consumer spending. The property’s adjacency to Woodward Avenue provides direct access to regional traffic patterns and exposure to one of the most active commercial arteries in the state. This demographic reach, combined with Ferndale’s established retail identity, positions the asset for stable long term performance whether utilized for owner occupancy or held as a leased investment.