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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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22042 Woodward Ave , Ferndale, MI 48220
$385,000
Est. Payment: $855.56/mo
0 Bed
0 Bath
1810 Sqft
Status: Active | Days on site: 91
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House Description

Exceptional mixed-use opportunity on highly visible Woodward Avenue in the heart of Ferndale. This versatile property offers commercial and residential space, ideal for investors, entrepreneurs, or live/work use.The main level features a recently renovated commercial space formerly used as a salon with updated flooring, paint, LED lighting, exposed ceilings, trim, and a lavatory. Flexible layout supports retail, office, salon, wellness, studio, or service-based uses. The upper level includes a spacious residential unit with multiple sleeping areas, a renovated kitchen, and updated bath—offering strong owner-occupancy or rental potential. Additional value includes a full basement for storage and potential expansion (subject to approval). Separate rear entrances provide independent access to both units, and rear parking accommodates multiple vehicles.Mixed-use zoning offers exceptional flexibility for owner-occupied business use, rental income, or redevelopment. We believe the exterior siding is block and wood, and the foundation is block. Buyer/agent to verify all information; some details may be estimated and independently confirmed.The listed “office” square footage (approx. 932 sq ft) reflects the main floor, currently fully configured as a salon with no dedicated office space on the main level. Buyer/agent to verify permitted use and measurements.Conveniently located near downtown Ferndale’s dining, shopping, and entertainment, this property combines visibility, function, income potential, and location. Buyer to verify all zoning and permitted uses. Current owner isn't running the building as a business with tenants and that there are no annual operating expenses available.

Highlights

Listed by T J Brisbois , 734-968-4359 S&P Realty , 734-333-7219.

Property Type

Commercial Sale

Lot/Acreage
0.06

Year Built

1928

County

Oakland

Neighborhood

Ferndale City

School District

Ferndale

Listing ID

20261042345

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Basement:Basement
Water:Public

Exterior Features

Roof:Rubber
Principal Interest
$856
Taxes
$481

Home Price

$385,000

Loan Details

30 yrs
%

Down Payment

20%
$77,000
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Monthly Price:
$855.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $855.56 $480.92 $0.00 $1,336.47
Yearly $10,266.67 $5,771.00 $0.00 $16,037.67
Total $308,000.00 $173,130.00 $0.00 $481,130.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Ferndale, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.