For Sale
$1,100,000

22061 Woodward AveFerndale, MI 48220

Woodward Ave Retail Space - High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional retail property, located at 22061 Woodward Avenue in Ferndale, Michigan, presents a unique investment opportunity. The single-story building, constructed in 1980, boasts 7,000 square feet of space spread across the main and lower levels, ideal for a restaurant, bar, or other suitable commercial use. Situated on a 0.12-acre lot, the property benefits from a prime location on Woodward Avenue, a high-traffic area with excellent visibility. Ample parking is provided with 65 on-site spaces, complemented by convenient access to public transportation. The property is zoned BI and features a total of one building. The asking price is $1,100,000, translating to $157.14 per square foot. The property's APN is 25-34-251-010 & 015. This location offers significant potential for a variety of businesses seeking high visibility and convenient access in a thriving commercial district. The property's size, parking availability, and prominent location on Woodward Avenue make it an attractive investment prospect. Don't miss this chance to acquire a well-positioned retail space in the vibrant city of Ferndale.

Highlights

  • $1,100,000 asking price for this 7,000 square foot retail property.
  • Single-tenant retail building located at 22061 Woodward Ave, Ferndale, MI 48220.
  • High-traffic location on Woodward Avenue, south of 9 Mile Road, with ample on-site parking (65 spaces) and public transportation access.
  • 7,000 square feet across main and lower levels, ideal for restaurant/bar or similar use.
  • 0.12-acre lot with BI zoning.

Property Details for 22061 Woodward Ave

Property type
Retail properties
Square Feet
7,000 SF
Year Built
1980
Buildings
1
Stories
1
Lot Size (sq. ft)
5,227 SF

Location Insight

City
Ferndale
County
Oakland
State
Michigan
Latitude
42.4552395
Longitude
-83.1315558
22061 Woodward Ave, Ferndale, Michigan

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22061 Woodward Ave
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