22438 Woodward Avenue

Office for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 29944688
Property Subtypes: Office Building, Other
Building Size (RSF): 12,048 SF
Gross Building Area: See Agent
Sale Price: $1,250,000
Unit Price: $103.75 PSF
Ceiling: 20 ft.
Property Use Type: Vacant/Owner-User
Class of Space: Class C
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 6/23/2017

Overview / Comments

Mint condition retail/high tech/office opportunity located on iconic
Woodward Avenue. Walking distance to many amenities including great
restaurants, events, and unique destinations. Ferndale street fairs include:
Holiday Ice Festival, the DIY Street Fair, and the Funky Ferndale Art Fair.
Overhead door in rear of building services 1,500 sq. ft. climate controlled R&D area with 20' ceilings. On-site parking. Tasteful finishes and flexible layout. Many uses possible.

Financials

Finance Data Year 2015
Real Estate Taxes - Annual($) $22,736 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Royal Oak Vicinity
Tax ID/APN: 25-34-240-57
Zoning: B1
Property Located Between: S. of 9 Mile Road
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 6,024 SF
Year Built: 1965
Roof Type: Other
Construction/Siding: Block, Brick
Parking Type: Surface
Heat Type: Other
Heat Source: Other

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,781 193,719 509,702
Median Age: 36.81 38.18 37.81
Households: 9,950 82,130 205,067

Source

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