For Sale
Call for price

32106 Woodward AveRoyal Oak, MI 48073

Prime Royal Oak retail redevelopment site.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional redevelopment opportunity encompasses three buildings totaling 23,522 square feet on a 0.53-acre lot at 32106 Woodward Ave, Royal Oak, MI 48073. The property boasts 12,917 square feet of net rentable space, currently vacant, and is ideally situated on a high-traffic corridor with over 100,000 cars daily. The site features excellent Woodward Avenue frontage exceeding 174 feet, offering unparalleled visibility and accessibility. Currently zoned C-S (Commercial-Service), the city is open to various commercial uses, including mixed-use proposals for multiple stories. This assemblage presents a unique chance to capitalize on the strong demographics of the area, with over 12,000 people residing within a one-mile radius. The property is offered for sale, with the current owner also open to considering a ground lease. This prime location, combined with its size and zoning flexibility, makes this an unparalleled investment opportunity in a thriving Michigan market. The three buildings are two stories high, and the property includes three units. The current zoning allows for a variety of commercial uses, including bank, QSR/fast food, and storefront options.

Highlights

  • Redevelopment opportunity: 23,522 SF on a 0.53-acre lot at 32106 Woodward Ave, Royal Oak, MI.
  • High-traffic location on Woodward Ave, exceeding 100,000 cars daily, with over 174 feet of frontage.
  • 12,917 SF of net rentable space, currently vacant.
  • C-S (Commercial-Service) zoning, allowing for mixed-use development.
  • Strong demographics: over 12,000 residents within a one-mile radius.
  • Sale or ground lease options available.

Property Details for 32106 Woodward Ave

Property type
Retail properties, Retail space
Square Feet
23,522 SF
Buildings
3
Stories
2
Lot Size (sq. ft)
23,087 SF
Units
3

Location Insight

City
Royal Oak
County
Oakland
State
Michigan
Latitude
42.5258788
Longitude
-83.1933343
32106 Woodward Ave, Royal Oak, Michigan

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32106 Woodward Ave
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