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00 Vester Street St - 2.16 Acre Development Opportunity | Vester St

2.16 Acres of Commercial Land in Ferndale, MI 48220

Investment Highlights

  • 381,338 population within a 5 mile radius.
  • Walking distance to downtown Ferndale.
  • $94,170 average household income within a 3 mile radius.
  • 20 minute drive to downtown Detroit.

Executive Summary

CBRE is pleased to offer for sale 2.16 Acres in Ferndale, MI. This infill site assemblage offers a developer the rare opportunity to build +/- 200 Apartments & 7,500 SF Retail in one of the most trendy and fast-growing suburbs in Metro Detroit, MI.
- Can be one large development site, or a small site south of Vester St and a large site north of Vester St.
- Consists of 9 parcels, a vacated street (Vester), totaling 2.16 acres

Attachments

Ferndale - Vester Propperties - Flyer

Property Facts

Sale Type Investment Property Subtype Commercial
Sale Conditions Design & Build Proposed Use
Retail
  • Apartment Units
No. Lots 1 Total Lot Size 2.16 AC
Property Type Land
Sale Type Investment
Sale Conditions Design & Build
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Apartment Units
Total Lot Size 2.16 AC

1 Lot Available

Lot

Lot Size 2.16 AC
Lot Size 2.16 AC

Can be one large development site, or a small site south of Vester St and a large site north of Vester St.

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Walk Score ®
Very Walkable (71)
Bike Score ®
Very Bikeable (74)
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.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 25-27-491-007 Improvements Assessment £0
Land Assessment £0 Total Assessment £25,735

PROPERTY TAXES

Parcel Number
25-27-491-007
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£25,735

zoning

Zoning Code C-2 (General Commercial) (Commercial)
C-2 (General Commercial) (Commercial)
(248) 709-0308

Contacts

  • Listing ID: 30964583

  • Date on Market: 15/02/2024

  • Last Updated:

  • Address: 00 Vester Street St, Ferndale, MI 48220

The Land Property at 00 Vester Street St, Ferndale, MI 48220 is currently available for sale. Contact CBRE for more information.

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00 Vester Street St, Ferndale, MI for sale Primary Photo- Image 1 of 2
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© 2024 CoStar Group

00 Vester Street St - 2.16 Acre Development Opportunity | Vester St
(248) 709-0308 x

00 Vester Street St - 2.16 Acre Development Opportunity | Vester St

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Hank Carpenter

(248) 709-0308

(248) 709-0308

Jack Johns

(248) 351-2018

(248) 351-2018

Maria Pas

(586) 413-1116

(586) 413-1116

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