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23365 Woodward Avenue

Ferndale, MI 48220
  • $995,000
  • STATUS: Active
  • ON SITE: 138 Days
  • ID#: 20240063868
UPDATED: 55 min ago
$995,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,340
    SQFT
  • $229
    $/SQFT
Type:
Commercial
Built:
1954
County:
Area:
Zoning:
Commercial
Lot Size Dimensions:
62.00 x 99.00

School Ratings & Info

School District:

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.

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IDX provided courtesy of Realcomp II Ltd. via The Calhoun Team of Pretty Home Realty and Realcomp II Ltd.. © 2025 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Calhoun Team of Pretty Home Realty are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2025-02-19T12:59:30.407.
www.prettyhomerealty.com/homes/156293441
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23365 Woodward Avenue Ferndale, MI 48220

  • Price: $995,000
  • Status: Active
  • On Site: 138 Days
  • Updated: 55 min ago
  • ID#: 20240063868
0
Beds
0
Baths
0
½ Baths
0.14
Acres
4,340
SQFT
$229
$/SQFT
1954
Built
Neighborhood:
Resub Of Plat Woodland Park Sub
County:
Oakland
Area:
Ferndale
School District:
FERNDALE
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.
Exterior Features

Architecture Level 1 Story Construction Materials Brick Foundation Details Slab Lot Size Dimensions 62.00 x 99.00 Road Frontage Feet 62 Road Frontage Type Paved Waterfront YN No

Interior Features

Building Area Source Public Records Heating Cooling Forced Air Heating Fuel Natural Gas Sq Ft Main 4340 Sq Ft Office 4340

Property Features

Assessment 310.00 Business Type Service Commercial Type Business And Real Estate Current Use Hair salon Existing Lease YN No Gross Scheduled Income 480215.00 Inventory Included YN No Land Contract YN No Listing Financing CashConventional Monthly Sales 28000 Net Operating Income 226864.00 Operating Expense 253351.00 Ownership Status Short Sale - NoPrivate Owned Possession Negotiable Postal City Ferndale Protection Period 180 Settlement City Sewer Public Sewer (Sewer-Sanitary) Short Sale No Tax Amount Summer 15146.0000 Tax Amount Winter 390.0000 Title Standard (Private) Total Tax 15536.0000 Unparsed Address 23365 WOODWARD Avenue Water Source Public (Municipal) Zoning Commercial

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via RE/MAX Classic: (248) 646-5000 and Realcomp, ©2025 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via The Calhoun Team of Pretty Home Realty and Realcomp II Ltd.. © 2025 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Calhoun Team of Pretty Home Realty are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2025-02-19T12:59:30.407.
 
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