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Second-Floor Office Suite
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23150 Woodward Ave, Ferndale, MI 48220

Turnkey office suite above Toast with landlord-paid utilities; not handicap accessible.

Property Size450 SF
Price / SF$1.78
Days on Market76

Property Features for 23150 Woodward Ave

General Information

Standard status Active
Size 450 SF
Property subtype Industrial

Additional Details

Highway Access Yes

Amenities

3
60125
Listing Agency: KW Domain
Listed By: Logan Smith
Source: Xome
Added: May 26 Changed: Aug 8 Last Checked: Aug 9 at 4:32AM

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.

This turnkey second-floor office suite sits right above Toast and offers a ready-to-occupy layout for professional services. The space is presented as a fit for office users such as an attorney, CPA, real estate agency, and similar operations.

Located in downtown Ferndale on Woodward Ave, the suite is described as having easy access to Woodward and major highways, supporting convenient day-to-day travel for clients and staff.

Please note the unit is not handicap accessible. All utilities are paid by the landlord.

Key Highlights

  • Office space directly above Toast in downtown Ferndale
  • Turnkey office suite with landlord‑paid utilities
  • Guest facilities: 3

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Computer & Electronic Repair Garden Center Nursing Home Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

522
Businesses Nearby

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

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Turnkey office suite above Toast with landlord-paid utilities; not handicap accessible.
Where is this office units located?
The property is located at 23150 Woodward Ave Ferndale, MI.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Office space directly above Toast in downtown Ferndale; Turnkey office suite with landlord‑paid utilities; Guest facilities: 3
More about this property
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