26026-26038 Woodward Ave - Medical FOR SALE


Royal Oak, MI 48067
$1,500,000 USD
248-504-9798
26026-26038 Woodward Ave, Royal Oak, MI for Sale
$1,500,000 USD
Medical - FOR SALE
1/9
null | Request Cap Rate

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26026-26038 Woodward Ave
Royal Oak, MI 48067


HIGHLIGHTS

  • Positioned along the Woodward Avenue corridor with exceptional frontage and visibility at a signalized intersection.
  • Situated within a high-traffic artery experiencing more than seventy thousand vehicles daily, enhancing brand presence and customer access.
  • Recently improved with updated HVAC systems, roof repairs, and fresh parking lot paving completed in 2023 and 2024.
  • Located minutes from Downtown Royal Oak, one of Metro Detroit’s most vibrant districts with strong employment, medical, and residential demand driver
  • Includes a private on-site parking ratio exceeding four spaces per thousand, offering convenience for visitors and employees.
  • Features a basement level and building generator adding operational resilience and unique functionality.

OVERVIEW

26026 Woodward Avenue presents a rare opportunity to acquire a freestanding commercial asset along one of Metro Detroit’s most recognized and heavily traveled corridors. Positioned at a signalized intersection with exceptional frontage, the property delivers notable visibility to a traffic count surpassing seventy thousand vehicles each day, establishing a meaningful branding and operational advantage within the Woodward corridor’s dynamic commercial landscape. Recent capital improvements, including roofing enhancements, HVAC updates, and complete parking lot paving completed between 2023 and 2024, provide a renewed foundation for an owner-user or investor seeking long-term stability and reduced near-term capital exposure. Its location places future ownership at the gateway to Royal Oak and within minutes of the city’s thriving downtown district, an area recognized for its strong employment base, medical presence, entertainment venues, walkability, and residential density. The surrounding trade area draws from a diverse customer and workforce population with strong household incomes, desirable demographics, and convenient access routes, including Woodward Avenue and I-696. This strategic positioning supports a wide range of potential users and creates ongoing demand for quality commercial buildings within Royal Oak’s established urban-suburban environment.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$297 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

OS - Office Service

APN/PARCEL ID

25-21-252-014

ASK ABOUT THIS PROPERTY

RJ MoranPlante Moran RealpointMore Info
248-504-9798

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RJ MoranPlante Moran RealpointMore Info
248-504-9798

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.