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22917-22919 Woodward Ave 2,080 SF Vacant Retail Building Ferndale, MI 48220 $775,000 ($372.60/SF)



Investment Highlights
- Total Building Square Footage is 2,080.
Executive Summary
Two Woodward Avenue addresses are better than one! This live/works pace on the prestigious Woodward Ave (M1) is a muse see piece of prime real estate in the heart of bustling Downtown Ferndale, where boredom is impossible. This gem is the versatile way of the future. Welcome to 22917 (upstairs residential space), 22919 (downstairs commercial space) on Woodward Avenue. Live upstairs in the modernized, trendy mini penthouse, and run your own successful business downstairs, -OR- Work downstairs and rent out the upstairs mini penthouse for solid monthly income. Or you can live upstairs and rent the downstairs to a business for solid monthly income. The options are endless at this multi-use, recently renovated property. HIGHTLIGHTED FEATURES: Convenient parking, updated one-bed/one-bath mini penthouse with a lower rooftop access (new roofing) and the luxuriously renovated first floor business space, featuring beautiful appointments and spacious kitchenette-style break room/bathroom. Both levels have amazing views of the legendary Woodward Avenue. Basement for storage/utilities. Furnance and Central Air downstairs. Radiant Heat and wall unit upstairs. Seller is a licensed Realtor. Proof of funds/Pre-approved buyers only! Buyer to verify all information, measurements, etc.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,080 SF
Building Class
C
Year Built
1920
Price
$775,000
Price Per SF
$372.60
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.06
Lot Size
0.04 AC
Zoning
BI
Frontage
20’ on Woodward Ave
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (72)
Nearby Major Retailers
Property Taxes
| Parcel Number | 25-27-377-033 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $144,640 |
Property Taxes
Parcel Number
25-27-377-033
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$144,640
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22917-22919 Woodward Ave
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