22042 Woodward Avenue
Ferndale, MI, 48220 $ 400,000
Bedrooms-- Baths-- Sq 1,810 Monthly Estimate*
$ 2,463
for $400,000. This 1,810 square foot building was built on a lot size of 0.06.
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 ââ¬Åofficeââ¬Â 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.
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FeaturesGeneralHeating Forced Air
Possession Negotiable (Possession)
Roof Rubber
Water Public Water
Status Active Active
Year Built 19
Subdivision Woodward Farms Add MI
Water Heater Gas
County Oakland
Class COM/IND/BUS OPP
Type Commercial/Industrial
Ownership Private
Municipality Ferndale
Zoning Commercial Residential
Sale/Rent For Sale
Status Detail 0
Area Ferndale (63258)
Primary City Ferndale
Directions E of Hilton Rd/S of College
City Ferndale
Financial Terms Cash Conventional
Legal Description T1N R11E SEC 34 WOODWARD FARMS ADD SUB LOT 18
DOM 1
Postal Code 48220
Price Per Sq Ft Total AG 220.99
Public Remarks 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
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ExteriorExterior Wood
Frontage 41
Lot Size Area 0.06
Lot Dimensions 41X2680
Roads Paved Street
Waterfront Y/N No
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* Excluded FeaturesList ByT J BrisboisListing Agent
tj@brisboisgroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,463
- Monthly Property Taxes
- $481
- 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.
Learn more about how to save NearbyCommerical listings in Ferndale, MI
Average List Price $268,336
Percent of Sale Price 33%
About Ferndale, MI 19,993 Population
-10% Since 2002
$ 55,937 Median Income
39.4 Median Age
16% Households with Children
Trends Information provided by ATTOM Data Solutions.
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/18/2026 | $400,000 | | Listed Price |