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22757 Woodward Ave 10,000 SF 100% Leased Retail Building Ferndale, MI 48220 $4,815,924 CAD ($481.59 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Existing vacancy in the property caters to an owner/occupant looking for unmatched exposure, curb appeal, and built-in rental income
  • Income generating rooftop billboard
  • Pristinely maintained and award-winning property - Woodward Avenue Action Association for façade improvements and restoration

EXECUTIVE SUMMARY

Extremely rare opportunity to acquire one of Metro Detroit’s most prominent corners at 9 Mile and Woodward

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
10,000 SF
Building Class
B
Year Built
1926
Price
$4,815,924 CAD
Price Per SF
$481.59 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.64
Lot Size
0.14 AC
Opportunity Zone
Yes
Zoning
BI - Central Business District
Frontage
69’ on Woodward Ave

AMENITIES

  • Bus Line
  • Corner Lot
  • Restaurant
  • Signage
  • Signalized Intersection
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 300
  • 1,061-4,228 SF
  • Retail
  • End Cap
  • 30 Days

• The most prominent corner in Ferndale - 9 Mile and Woodward Ave. 47,000 VPD on Woodward Ave. • Professionally managed and immaculately maintained historic building. Award winning property - Woodward Avenue Action Association for façade improvements and restoration. • Abundant nearby municipal parking. • Join new Building Tenants - Jim Shaffer and Associates and Woodward Market Convenience Store. • Flexible available square footages - 1,061 SF, 2,510 SF, 3,167 SF and 4,228 SF. • Previous Occupant was Grasshopper Underground Night Club; 3 built-out bars in place, garage door, patio zone service window, signage on Woodward Ave, and many other value add fixtures in place for similar uses. • Liquor License is available for purchase - Endorsements on license; extended hours, dance/entertainment, and Sunday sales. • Spaces could also be repurposed for retail/office.

Space Size Space Use Position Available
300 1,061-4,228 SF Retail End Cap 30 Days

300

Size
1,061-4,228 SF
Space Use
Retail
Position
End Cap
Available
30 Days

300

Size 1,061-4,228 SF
Space Use Retail
Position End Cap
Available 30 Days

• The most prominent corner in Ferndale - 9 Mile and Woodward Ave. 47,000 VPD on Woodward Ave. • Professionally managed and immaculately maintained historic building. Award winning property - Woodward Avenue Action Association for façade improvements and restoration. • Abundant nearby municipal parking. • Join new Building Tenants - Jim Shaffer and Associates and Woodward Market Convenience Store. • Flexible available square footages - 1,061 SF, 2,510 SF, 3,167 SF and 4,228 SF. • Previous Occupant was Grasshopper Underground Night Club; 3 built-out bars in place, garage door, patio zone service window, signage on Woodward Ave, and many other value add fixtures in place for similar uses. • Liquor License is available for purchase - Endorsements on license; extended hours, dance/entertainment, and Sunday sales. • Spaces could also be repurposed for retail/office.

Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Anytime Fitness
First Merchants Bank
Huntington National Bank
Citizens Bank
Credit Union ONE
Biggby Coffee
Caribou Coffee
Hotworx
CrossFit
Comerica

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
25-34-126-017
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,168,391 CAD
  • Listing ID: 35931885

  • Date on Market: 2025-05-21

  • Last Updated:

  • Address: 22757 Woodward Ave, Ferndale, MI 48220

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