Office Unit Above
For Lease
$1,000/Mo
23150 Woodward #2, Ferndale, MI 48220
Downtown office space with landlord-paid utilities and access to Woodward Avenue and major highways.
Space SizeContact for details
Property Size500 SF
Days on Market101
Property Features for 23150 Woodward #2
General Information
Standard status
Active
Size
500 SF
Zoning
Commercial, Office
Lease Term
Lease
Space & Availability
Space Use
Office
Condition
Turnkey
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Building Details
Building Size
500 SF
Year Built
1950
Listing Agency:
KW Domain
(248) 590-0800
Listed By:
Logan Smith
(248) 687-9821
Source:
Sabudarealty
Added: May 27
Changed: Sep 4
Last Checked: Sep 1 at 10:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Domain
Investment Insights
Based on property information with market context.
Office Unit 2 at 23150 Woodward offers a downtown Ferndale location above Toast. The space is positioned for professional users including attorneys, CPAs, and real estate agencies. Utilities are paid by the landlord, simplifying occupancy planning for the incoming user. The unit is not handicap accessible.
Built in 1950, the property provides access to Woodward Avenue and major highways. Its address places the office in downtown Ferndale, with a setting suited to businesses seeking a central professional location.
Built in 1950, the property provides access to Woodward Avenue and major highways. Its address places the office in downtown Ferndale, with a setting suited to businesses seeking a central professional location.
Key Highlights
- Office Unit 2 at 23150 Woodward in downtown Ferndale, MI 48220
- Located above Toast
- Landlord pays all utilities
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,602
Businesses Nearby
Explore this area
Business Placement
Demographics for 48220, MI
21,564
Population
12,003
Households
1.8
Avg Household Size
37
Median Age
53%
College-Educated
96%
High-School Grad
4.4 sq mi
ZIP Area
4,901
Density / Sq Mi
$86,095
Median Household Income
$54,557
Median Earnings
$1,191
Median Rent
$229,700
Median Home Value
Market
Lease Benchmarks for Ferndale, MI
$20.91 /SF/Yr
Avg Asking Price
$12–$39 /SF/Yr
Price Range
6,484 SF
Avg Space Size
This space is priced 15% above the average of $20.91 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Downtown office space with landlord-paid utilities and access to Woodward Avenue and major highways.
Where is this office units located?
The property is located at 23150 Woodward #2 Ferndale, MI.
What is the lease rate?
The lease rate is $1,000/Mo.
What are key features of this property?
This property features: Office Unit 2 at 23150 Woodward in downtown Ferndale, MI 48220; Located above Toast; Landlord pays all utilities
