32778 Woodward AveRoyal Oak, MI 48073

  • Other commercial real estate
  • 8,130 SF
For Lease
$22/SF/YR View listing

Property Details for 32778 Woodward Ave

Year built
1946
Lot size
0.18 AC
Property size (Sq ft)
8,130 SF
Zone code
GEN BUS
Property type
Other commercial real estate
APN
72-25-06-128-004
APU
722506128004

Description

This exceptional 6,500 square foot retail space is ideally situated at 32778 Woodward Avenue in the vibrant city of Royal Oak, Michigan, zip code 48073. The property boasts a single-tenant occupancy within a strip mall setting, offering a highly visible location with ample parking for customers and employees. The space is designed to provide a functional and inviting atmosphere, featuring abundant natural light and modern amenities. Its flexible floor plan allows for customization to suit a variety of business needs, making it an excellent choice for businesses seeking a tailored workspace. The property benefits from convenient access to major roadways, ensuring easy accessibility for both staff and clients. Professional property management ensures a smooth and efficient operational experience. This prime Royal Oak location offers a unique opportunity to establish or expand a business in a thriving commercial area, combining style and functionality for optimal productivity and success. The property is categorized as retail, offering a high-traffic location with excellent visibility along Woodward Avenue. This is a rare opportunity to secure a well-appointed retail space in a highly desirable Michigan location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,792,449
    Hospitality
    $1,641,874
    Educational
    $1,366,020
    Medical
    $1,412,999
    Retail
    $2,124,920
32778 Woodward Ave, Royal Oak, Michigan

Location Insight

City
Royal Oak
County
Oakland
State
Michigan
Latitude
42.5301
Longitude
-83.1972
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
$15,065
-
-
$510,410
-
-
-
$1,020,820

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