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Highlights

  • Located in a well-established retail corridor with strong consumer traffic.
  • Surrounded by restaurants, shops, and lifestyle amenities within walking distance.
  • Positioned in a community known for its walkability and vibrant local culture.
  • Easy access to I-696 and I-75, providing regional connectivity.
  • Serves a growing population with a median household income of $85,631 within one mile.
  • Close to major employment centers and residential neighborhoods.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 3,546 SF
  • Negotiable
  • $21.93 CAD/SF/YR $1.83 CAD/SF/MO $77,752 CAD/YR $6,479 CAD/MO
  • Modified Gross
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

Large open floor plan retail/office/studio space with over head door and high ceilings. Previously used as a gym.

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Space is an outparcel at this property
  • Central Air Conditioning
  • High Ceilings
  • Display Window
  • Ample parking.
Space Size Term Rental Rate Rent Type
1st Floor 3,546 SF Negotiable $21.93 CAD/SF/YR $1.83 CAD/SF/MO $77,752 CAD/YR $6,479 CAD/MO Modified Gross

1st Floor

Size
3,546 SF
Term
Negotiable
Rental Rate
$21.93 CAD/SF/YR $1.83 CAD/SF/MO $77,752 CAD/YR $6,479 CAD/MO
Rent Type
Modified Gross
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

Large open floor plan retail/office/studio space with over head door and high ceilings. Previously used as a gym.

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Space is an outparcel at this property
  • Central Air Conditioning
  • High Ceilings
  • Display Window
  • Ample parking.

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Property Facts

Total Space Available 3,546 SF
Property Type Retail
Property Subtype Freestanding
Gross Leasable Area 11,087 SF
Year Built 1956
Parking Ratio 2.35/1,000 SF

About the Property

Positioned in the vibrant Ferndale market, this retail property offers a highly accessible location within the Detroit-Warren-Dearborn metropolitan area. The site benefits from proximity to major thoroughfares, including I-696 and I-75, providing seamless connectivity to downtown Detroit and surrounding communities. The property sits within a dynamic commercial corridor that attracts steady consumer traffic and supports a diverse mix of businesses. Ferndale is known for its eclectic retail scene, strong community engagement, and walkable neighborhoods, making it a desirable destination for both local residents and visitors. The area’s demographic profile reflects a growing population with above-average household incomes, ensuring a solid customer base for retail operators. Nearby amenities include restaurants, boutique shops, fitness centers, and essential services, all contributing to a thriving business environment. This location offers excellent visibility and convenient access for both vehicular and pedestrian traffic. With its adaptable layout and favorable zoning, the property is well-suited for a variety of retail concepts seeking to establish or expand their presence in a high-demand market.

  • Signage
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

CrossFit
Fifth Third Bank
Bank of America
Checkers
Biggby Coffee
First Merchants Bank
Huntington National Bank
Citizens Bank
Anytime Fitness
Kroger
  • Listing ID: 26312441

  • Date on Market: 2026-02-12

  • Last Updated:

  • Address: 530 Livernois St, Ferndale, MI 48220

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