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    23150 Woodward Ave Ferndale, MI 48220

    For Lease
    $1,000 /Mo ($24 SF/Yr)

    Real Estate Only - Ferndale, MI

    Property size:
    500 SF
    Lot size:
    0.17 Acres
    Days on Market:
    94
    Last Refresh:
    Dec 13 at 2:06 pm

    Property Features for 23150 Woodward Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial,Office
    APN
    2527379003
    Size
    500 SF
    Lot size
    0.17 Acres

    Building Details

    Year built
    1950
    Building materials
    Brick
    Architectural style
    Other

    KW Domain Birmingham (248) 590-0800 [email protected]

    Listing agent Logan Smith (248) 590-0800

    Listing date Sep 11, 2025

    MLS# 20251026618 Listing URL

    Copyright © 2025 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Ferndale Office Space Above Toast

    This commercial office space is located in downtown Ferndale, above Toast restaurant, and offers convenient access to Woodward Avenue and major highways. The property is suitable for an attorney, CPA, real estate agency, or similar professional services. The landlord covers all utility costs. The space has a total area of 500 square feet and is situated on a lot of 0.17 acres. Please note that this unit is not handicap accessible.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ferndale
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1362569
    Latitude
    42.4640178

    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Office space - Turnkey office space in prime downtown Ferndale location.
    Where is this office space located?
    The property is located at 23150 Woodward Ave Ferndale, MI.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: - Prime office space in downtown Ferndale.; - Turnkey opportunity.; - Ideal location above Toast restaurant.
    (248) 590-0800
    Request Owner's contact information
    23150 Woodward Ave Ferndale, MI 48220
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    Ferndale, MI 48220
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    23150 Woodward Ave Ferndale, MI 48220
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