26657 Woodward AveHuntington Woods, MI 48070

Property Details for 26657 Woodward Ave

Year built

1968

Lot size

0.49 AC

Property size (Sq ft)

10,964 SF

Zone code

BI

Property type

Office buildings

APN

32-25-21-127-018

APU

322521127018

Description

This 2,850 square foot medical office suite in Huntington Woods, Michigan, is available for immediate occupancy. Located at 26657 Woodward Ave, this turnkey space is part of the Huntington Medical Building, a Class B, two-story building constructed in 1968. The suite features a waiting room, a large check-in/check-out administrative area, eight exam rooms, two suite restrooms, plus additional restrooms in the common areas, offices, and a staff area. The building has undergone significant updates, including lobby finishes, common restrooms, parking lot, roof, windows, security systems, and lighting. The suite offers a full-service lease, excluding electricity. The 17,637 square foot building sits on 0.49 acres of land and provides 40 parking spaces. The building is zoned "C" and is conveniently located near the intersection of Woodward Ave and 11 Mile. The minimum divisible space is 2,850 square feet, and the maximum contiguous space available is also 2,850 square feet. Ceiling height is 10 feet.

• CAP approach

  CAP return

  Valuation

  6%

  $2,280,352

  6.5%

  $2,104,940

  7%

  $1,954,587

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,025,573

  Geo Method

  $1,025,573

• Alternative Use

  Use

  Valuation

  Residential

  $2,610,126

  Hospitality

  $2,390,861

  Educational

  $1,989,168

  Medical

  $2,057,579

  Retail

  $3,094,262

Location Insight

City

Huntington Woods

County

Oakland

State

Michigan

Latitude

42.4868

Longitude

-83.157

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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