Active

23365 WOODWARD Avenue

Ferndale MI, 48220

$995,000


$229.26 per sqft

Active

4,340 sqft

Commercial

Built in 1954

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.

20240063868

MLS ID

August 27, 2024

Listed

December 2, 2024

Updated

Map

23365 WOODWARD Avenue
Ferndale MI, 48220

Interior Features

Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.14 Acres

School Information

School District

Ferndale

Other Property Details

Area Name

Ferndale


Taxes

$15,536


Tax Frequency

Annually


Days on Market

60


Garage

No


View

No


County

Oakland


Pool

No


Zoning

Commercial

Listing History

Date

Event

Price

12/2/2024

Price change

$995,000

4%

 

Courtesy of RE/MAX Classic

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Originating MLS:
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Data last updated 12:37 PM UTC, 12/2/2024

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