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Office Unit Above Toast
For Lease
$800/Mo

23150 Woodward Ave #1, Ferndale, MI 48220

Office space with landlord-paid utilities and convenient access to Woodward Avenue.

Space SizeContact for details
Property Size450 SF
Days on Market97

Property Features for 23150 Woodward Ave #1

General Information

Standard status Active
Size 450 SF
Zoning Commercial

Space & Availability

Space Use Office
Condition Turnkey

Additional Details

Highway Access Yes

Building Details

Building Size 450 SF
Listing Agency: KW Domain
Listed By: Logan Smith
Source: Carolbollo
Added: May 27 Changed: Aug 30 Last Checked: Aug 30 at 5:34PM

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 office unit is located above Toast at 23150 Woodward Ave in Ferndale. The space is positioned for office users seeking a Woodward Avenue address with access to major highways.

The property is near downtown Ferndale, and all utilities are paid by the landlord. Please note that the unit is not handicap accessible.

Key Highlights

  • Office unit above Toast at 23150 Woodward Ave
  • Landlord pays all utilities
  • Access to Woodward Avenue and major highways

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
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,602
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

Lease Benchmarks for Ferndale, MI

$20.98 /SF/Yr
Avg Asking Price
$12–$39 /SF/Yr
Price Range
5,840 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office units - Office space with landlord-paid utilities and convenient access to Woodward Avenue.
Where is this office units located?
The property is located at 23150 Woodward Ave #1 Ferndale, MI.
What is the lease rate?
The lease rate is $800/Mo.
What are key features of this property?
This property features: Office unit above Toast at 23150 Woodward Ave; Landlord pays all utilities; Access to Woodward Avenue and major highways
More about this property
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