The DYE Salon proudly celebrates two decades of operation, during which time we have experienced remarkable growth alongside Ferndale's burgeoning urban landscape. Renowned as one of the most sought-after residential areas. Ferndale has witnessed a substantial downtown expansion further enhancing its allure. DYE Salon is strategically situated on Woodward Avenue which allows our salon to benefit from high visibility, attracting the attention of millions of passing motorists. Ferndale's recent traffic management initiatives, including a road detour directly in front of our establishment have significantly boosted exposure and foot traffic. A testament to the city's meticulous urban planning. Spanning approximately 4,400 square feet, our building boasts a distinctive layout conducive to various business endeavors. Additionally, the sale encompasses a generously sized parking lot, valued at approximately $200,000 by the city, providing ample parking space with over twenty spots in total. Furthermore, the building has undergone extensive renovations over the past three years, including upgrades to electrical, plumbing, and tuck pointing on the brick structure, as well as roofing and flooring enhancements. The addition of new bathrooms ensures optimal comfort and convenience for patrons and staff alike.
General Information
Sale Price: $995,000
Price/SqFt: $229
Status: Active
MLS#: rcomi20240063868
City: ferndale
Post Office: ferndale
Schools: ferndale
County: Oakland
Acres: 0.14
Lot Dimensions: 62.00 x 99.00
Size: 4,340 sq.ft.
Acreage: 0.14 est.
Year Built: 1954
Property Type: Commercial
Style:
Tax, Fees & Legal
Est. Summer Taxes: $15,146 Est. Winter Taxes: $390
