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    856 N Old Woodward Ave, Unit 100 Birmingham, MI 48009

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    For Lease
    $5,010 /Mo

    Retail space in luxury mixed-use building, downtown location.

    Lot size:
    0.57 Acres

    Property Features for 856 N Old Woodward Ave

    General Information

    Lot size
    0.57 Acres

    Building Details

    Year built
    2020

    Source: Forward Commercial Group Agent Emil Cherkasov

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Birmingham Retail Space Available

    Retail space is available for rent within a newly constructed, four-story luxury mixed-use building located in Downtown Birmingham. This is a rare opportunity to occupy ground floor retail space. The building includes 26 luxury apartments above the retail space. Dedicated on-site covered parking spaces are available for retail tenants. The property is situated at the corner of Old Woodward and Oak Ave, offering convenient access to nearby restaurants, shopping, a farmers market, and Booth Park. The lease rate is $49.00 per square foot per year, NNN.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Realty agency Hair Salon Nail Salon Building Supply Daycare Center Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Birmingham
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2089059
    Latitude
    42.540749

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    FAQs

    What type of property is this?
    Retail space - Retail space in luxury mixed-use building, downtown location.
    Where is this retail space located?
    The property is located at 856 N Old Woodward Ave, Unit 100 Birmingham, MI.
    What are key features of this property?
    This property features: - Prime Downtown Birmingham Location: High visibility at the corner of Old Woodward & Oak Ave.; - Newly Constructed Luxury Mixed-Use Center: Benefit from a modern building with a prestigious image.; - Ground Floor Retail Space: Rare opportunity for retail occupancy in a desirable location.
    (248) 662-5066
    Request Owner's contact information
    856 N Old Woodward Ave, Unit 100 Birmingham, MI 48009
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    Birmingham, MI 48009
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    856 N Old Woodward Ave, Unit 100 Birmingham, MI 48009
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