23365 Woodward StFerndale, MI 48220

Property Details for 23365 Woodward St

Year built

1919

Lot size

0.14 AC

Property size (Sq ft)

4,340 SF

Property type

Industrial properties

Description

This exceptional 4,340 square foot industrial building is ideally located on Woodward Avenue in Ferndale, MI, a thriving and highly sought-after residential area experiencing significant downtown expansion. Benefitting from high visibility and increased foot traffic due to recent city traffic management initiatives, including a road detour directly in front of the property, this location offers unparalleled exposure. The building sits on a 0.14-acre lot and includes a substantial parking lot with over twenty spaces, independently valued at approximately $200,000. The property has undergone extensive renovations within the last three years, encompassing electrical and plumbing upgrades, tuck pointing of the brick exterior, roof replacement, and new flooring. Modernized bathrooms enhance the functionality and comfort of the space. The unique layout of this building makes it suitable for a variety of business uses. Priced at $995,000, this is a rare opportunity to acquire a well-maintained, high-traffic industrial property in a rapidly growing area. The building's prime location and recent improvements make it an attractive investment for discerning buyers.

Location Insight

City

Ferndale

County

Oakland

State

Michigan

Latitude

42.4659

Longitude

-83.1388

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