23059 Woodward Avenue # 1 Ferndale, MI $ 5,000
23059 Woodward Avenue # 1
$ 5,000
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23059 Woodward Avenue # 1

Ferndale, MI, 48220
$ 5,000
Bedrooms-- Baths-- Sq 2,184

Monthly Estimate*

$ 31

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Commercial Property for sale in Ferndale, MI

for $5,000. This 2,184 square foot building was built in 1926 on a lot size of 0.09.

This exceptional storefront features a prime corner location at Woodward and Cambourne, just north of 9 Mile, delivering outstanding visibility along one of the area’s most highly traveled corridors. The space includes a private entrance with prominent Woodward frontage and excellent signage exposure, ensuring maximum brand presence. Inside, a flexible layout with multiple rooms provides the versatility to accommodate retail, office, wellness, or creative uses (pending city approval). The property is walkable to downtown Ferndale’s shops, restaurants, and public parking, further enhancing its accessibility and appeal. Zoned BI (Business Improved), the space is delivered as-is and includes two months of free rent to support build-out, offering an exceptional opportunity for a new or expanding business. For five decades, Iris Fashion has been a cornerstone of style and celebration within the community. Founded by Linda and Joe, this beloved boutique has dressed five generations of clients for life’s most meaningful moments. From prom nights and homecomings to weddings and galas, Iris Fashion has long been a trusted destination known for elegance, personal care, and timeless fashion. As Linda prepares for a well-earned retirement, she is ready to pass the torch to the right buyer; someone who recognizes not just a storefront, but a legacy. Iris Fashion is more than a business; it is a story woven into the fabric of Ferndale, ready for its next chapter. This is the first floor of the building, second floor is also available for lease!

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Commercial Active

Price

$ 5,000

Property Type

Commercial

Taxes

$ 0

Style

BusinessandRealEstate

Lot Size

0.09

Year Built

1926

Town/City

Ferndale

County/Region

Oakland

MLS | Web ID

20261011169

Features
General
Sewer PublicSewer
Heating Electric ForcedAir
Cooling CentralAir
Possession AtClose
Garage Spaces 0.0
Security Features SmokeDetectors
Construction Materials Brick
Year Built 1926
Security Deposit 5500.0
Levels Two
Unit Number 1
Property Subtype BusinessandRealEstate
Current Use Commercial
Business Type Retail
County Oakland
New Construction N
Property Type CommercialLease
HOA N
Attached Garage N
Subdivision Name RESUB OF WOODWARD HEIGHTS
Garage Y/N N
Building Features Sidewalks
Rent Includes TrashCollection
Status Active
Directions E on 9 Mile Rd N on Woodward Ave Michigan Left at Woodward & Cambourne Destination is on the Right
City FerndaleCity_Oakland
Senior Community Y/N N
High School District Ferndale
Zoning Description Commercial
Number Of Units Total 2
MLS Area Area02258Ferndale
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 0.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Owner
Expected Active Date 2026-02-23
Legal Description T1N R11E SEC 27 RE-SUB OF WOODWARD HTS SUB LOTS 20 & 21
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Exterior
Parking Features ParkingLot
Water Source Public
Foundation Details Basement BrickMortar
Spa N
Building Area Total 4368.0
Lot Dimensions 40 x 99
Lot Size Acres 0.09
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2184.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 23059
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* Excluded Features
List By
Nahed Yousif

Listing Agent

Brookstone, Realtors Llc

Broker

(734) 444-6868

Phone

Affordability Calculator

$31
Per Month
100%
0%
0%
Monthly Principal & Interest
$31
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
848457 Elementary School
847983 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/23/2026$5,000 Listed Price

Map


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23059 Woodward Avenue # 1, Ferndale, MI, 48220 is a Commercial Property for sale at $5,000 with 2,184 sqft and a lot size of 0.09. 23059 Woodward Avenue # 1 was built in 1926. The property's zip code is 48220 which is in Ferndale, MI