22740 Woodward $2,350,000

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    22740 Woodward Ferndale, MI 48220

    • 5,000 sq.ft.
    • 1.08 Acres
    • Commercial Sale
    MLS# 31365382 | Active

    $2,350,000

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    Days On Market: 309 14 Views
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    Property Details

    Rare & unique opportunity located in fast growing Ferndale!Sale includes Restaurant Business,Class C transferable Liquor License, & the Real Estate.This commercial property also has plenty of redevelopment potential.Great opportunity to own a VERY well known-established Restaurant Bar located on the highly traveled road of Woodward Ave with endless growth possibilities!All Equipment is in excellent condition.Commercial Ventilation System kept in pristine conditions,includes all Cooking/Kitchen equipment,gadgets & off site catering equipment.Last but not least,the restaurant was newly renovated one year ago,Professional interior design,freshly painted,all dining rm & bar furniture are in brand new condition.Huge bar,spacious main flr dining rm with a capacity seating of 107 guests and a beautiful back landscaped patio with a seating capacity of 100 guests.A perfect size to accommodate the large over flow of guests during the popular Ferndale Dream Cruise events & year round festivities!

    • General Features
      • Ownership Private
      • County Oakland
      • Area Municipality Ferndale (63258)
      • Acreage 1.08
      • Waterfront Y/N No
      • Zoning Professional Office,Commercial
      • Year Built 9999
      • Originating MLS MI Real Source
    • Building Features
      • Fuel Type Natural Gas
      • Heating System Forced Air
      • Cooling System Ceiling Fan(s), Exhaust Fan, HVAC
      • Exterior Construction Block, Brick, Brick Front, Field Stone, Full Masonry
      • Foundation Type Slab
      • Roofing Asphalt
    • Property Features
      • Water Public Water
      • Sewer Septic Public Sanitary
      • Parking 100+ Spaces,Metered,Municipal,Off Site,Off Street
      • Lot Size irregular

    Contact

    Jackie Selinsky

    Sales Associate

    RE/MAX First

    Mobile Phone: 248-935-1533

    Neighborhood

    48220 (Ferndale) Demographics

    35Median Age
    5,110Population Density (per sq. mile)
    45%College Educated
    $51,596 Estimated Median Income
    6,323Estimated Total Home Owners
    4,495Estimated Total Renters
    58% / 42%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    22,646Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $0 Median Sales Price
    0 Homes Sold
    77 New On Market

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        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $2,350,000
        11/14/2018 1:34:00 PM New in Database Source

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        Information is provided in part by the IDX program of the MI Realsource Michigan Multiple Listing Service. All information provided is deemed reliable but is not guaranteed and should be independently verified.