32500 N Woodward Ave - Freestanding FOR SALE


Royal Oak, MI 48073
$3,600,000 USD
248-931-1980
32500 N Woodward Ave, Royal Oak, MI for Sale
$3,600,000 USD
Freestanding - FOR SALE
1/17
null | Request Cap Rate

32500 N Woodward Ave
Royal Oak, MI 48073


OVERVIEW

• Rare opportunity to acquire a turn-key, high-end retail/office building on Woodward Avenue • Existing occupant, Citizens State Bank, relocating to new headquarters facility • ±5,889 SF freestanding building with 25 private on-site parking spaces • Fully remodeled in 2021 with high-quality interior and exterior improvements • Built-in office furniture included in sale • High-end, move-in ready space suitable for a variety of users • Minutes from Downtown Birmingham • Excellent exposure with over 64K VPD on Woodward Avenue • Strong demographics with over 264K residents within a 5-mile radius

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$611 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

GB, General Business

APN/PARCEL ID

25-06-129-005

ASK ABOUT THIS PROPERTY

Kevin JappayaKJ CommercialMore Info
248-931-1980

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

Kevin JappayaKJ CommercialMore Info
248-931-1980

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