23365 WOODWARD Avenue Active

Ferndale,MI 48220

$ 950000

0 Bed

- Bath

4340 SqFt


Key Details

Property Type Commercial

Sub Type Business And Real Estate

Listing Status Active

Purchase Type For Sale

Square Footage 4,340 sqft

Price per Sqft $218

Subdivision Resub Of Plat Woodland Park Sub

MLS Listing ID 20240063868

Year Built 1954

Annual Tax Amount $15,536

Lot Size 6,098 Sqft

Property Description

The DYE Salon proudly celebrates two decades of operation, during which time we have experienced remarkable growth alongside Ferndale's burgeoning urban landscape. Renowned as one of the most sought-after residential areas. Ferndale has witnessed a substantial downtown expansion further enhancing its allure. DYE Salon is strategically situated on Woodward Avenue which allows our salon to benefit from high visibility, attracting the attention of millions of passing motorists. Ferndale's recent traffic management initiatives, including a road detour directly in front of our establishment have significantly boosted exposure and foot traffic. A testament to the city's meticulous urban planning.
Spanning approximately 4,400 square feet, our building boasts a distinctive layout conducive to various business endeavors. Additionally, the sale encompasses a generously sized parking lot, valued at approximately $200,000 by the city, providing ample parking space with over twenty spots in total. Furthermore, the building has undergone extensive renovations over the past three years, including upgrades to electrical, plumbing, and tuck pointing on the brick structure, as well as roofing and flooring enhancements. The addition of new bathrooms ensures optimal comfort and convenience for patrons and staff alike.

Location

State MI

County Oakland

Area Ferndale

Zoning Commercial

Interior

Heating Forced Air

Exterior

Waterfront no

Building

Foundation Slab

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Brick

Schools

School District Ferndale

Others

Assessment Amount $310

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Full Service

View More
Favorite Go Tour