Investment Overview
Introducing a prime investment opportunity in the heart of Detroit! This 3,486 SF building, centrally located at 22914 Woodward Avenue, Ferndale, MI, boasts a coveted zoning of BI and a 100% occupancy rate, making it an attractive option for retail/strip center investors. With a strong and reliable tenant base, this property offers a solid income stream and significant upside potential. Don't miss out on this turnkey investment in a thriving commercial corridor. Schedule a viewing today and secure your stake in this high-demand market.
Investment Highlights
- Turn-Key Restaurant Opportunity
- Fully built-out restaurant space ready for immediate operation, minimizing startup time and capital expenditure for a new owner or tenant.
- Prime Woodward Avenue Location
- Situated on Woodward Ave., a major arterial with strong visibility, traffic counts, and proximity to Ferndale’s vibrant dining and entertainment corridor.
- Fully Equipped Commercial Kitchen
- Includes essential restaurant infrastructure:
- 6-foot exhaust hood
- 4-burner cooktop
- Deep fryer
- Ice machine
- 2-door freezer
- Ideal for a wide range of restaurant concepts
- Established Bar Build-Out
- 22’ x 14’ L-shaped bar
- Seating capacity for 18 at the bar
- 4 under-counter coolers
- Supports strong beverage and nightlife revenue potential.
- Efficient Dining Layout
- 6 high-top tables
- 5 booths
- Designed to balance dine-in volume and customer comfort.
- Generous Building Size & Ceiling Height
- 3,280 square feet
- 136” ceiling height
- Allows for an open, modern atmosphere and flexible interior configuration.
- Versatile Use Potential
- Suitable for restaurant, bar, lounge, or specialty food concepts. It could also appeal to investors seeking a stabilized tenant or owner-operator.
- Strong Value-Add or Income Potential
- Opportunity to capitalize on Ferndale’s growing market through rebranding, new concept launch, or leasing to an experienced operator.