Investment Overview
The property is situated minutes away from downtown Ferndale with a wide array of permitted uses. The parcel boats good walk and bikeable scores. Major big box retails nearby include, ALDI’s, Kroger, AutoZone, O’Reilly’s Auto, Legend Motors of Ferndale as well as Detroit Axle and Ferndale Laboratory.
Located off 8 Mile Rd, Kensington Ave. is between Woodward Ave and Coolidge Hwy.
The site has presented to the City of Ferndale the attached proposed flex industrial/office with mezzanine and overhead doors.
Investment Highlights
- 0.126 Acres (5,487 SF)
- Zoned C-2 General Commercial District
- Qualified Opportunity Zone (QOZ)
- Permitted Uses: Residential, Medical, Bank, Retail, Restaurant, Veterinary
- Special Land Uses: Drive-in and drive through facilities
- Sale Price: $99,000