22061 Woodward AveFerndale, MI 48220

Property Details for 22061 Woodward Ave

Year built

1980

Lot size

0.12 AC

Property size (Sq ft)

7,000 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

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.

Location Insight

City

Ferndale

County

Oakland

State

Michigan

Latitude

42.4552

Longitude

-83.1316

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