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$ 385,000
Est. payment /mo
Price Dropped by $15K
22042 Woodward Avenue Ferndale, MI 48220 2521
1,810 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 1,810 sqft
Price per Sqft $212
Subdivision Mi
MLS Listing ID 61003557
Annual Tax Amount $5,771
Lot Size 2,613 Sqft
Acres 0.06
Lot Dimensions 41X2680
Property Sub-Type Commercial/Industrial
Property Description
Exceptional mixed-use opportunity on highly visible Woodward Avenue in the heart of Ferndale. This versatile property offers commercial and residential space, ideal for investors, entrepreneurs, or live/work use. The main level features a recently renovated commercial space formerly used as a salon with updated flooring, paint, LED lighting, exposed ceilings, trim, and a lavatory. Flexible layout supports retail, office, salon, wellness, studio, or service-based uses. The upper level includes a spacious residential unit with multiple sleeping areas, a renovated kitchen, and updated bath--offering strong owner-occupancy or rental potential. Additional value includes a full basement for storage and potential expansion (subject to approval). Separate rear entrances provide independent access to both units, and rear parking accommodates multiple vehicles. Mixed-use zoning offers exceptional flexibility for owner-occupied business use, rental income, or redevelopment. We believe the exterior siding is block and wood, and the foundation is block. Buyer/agent to verify all information; some details may be estimated and independently confirmed. The listed "office" square footage (approx. 932 sq ft) reflects the main floor, currently fully configured as a salon with no dedicated office space on the main level. Buyer/agent to verify permitted use and measurements. Conveniently located near downtown Ferndale's dining, shopping, and entertainment, this property combines visibility, function, income potential, and location. Buyer to verify all zoning and permitted uses. Current owner isn't running the building as a business with tenants and that there are no annual operating expenses available.
Location
State MI
County Oakland
Area Ferndale (63258)
Zoning Commercial
Interior
Heating Forced Air
Exterior
Roof Type Rubber
Building
Foundation Basement
Water Public Water
Structure Type Wood
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
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Listed by S&P Realty
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