32756 Woodward Ave Royal Oak, MI 48073

Building Details

Year Built

1955

Listing Agency Tom Nelson t***@gmail.com Show Phone

Listed by Tom Nelson · License #6506041106 Show Phone

Source Elliman

Added: Apr 24 Checked: Jul 17 at 6:22 am

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Investment Insights

Based on property information with market context.

This two-level commercial property is located on Woodward Avenue, south of Birmingham, offering high visibility and consistent traffic flow. Situated within a small retail strip adjacent to a restaurant, the building provides flexibility for various uses, including retail, office, or service-based businesses. The two-story layout allows for potential configurations such as separate spaces or a duplex-style setup, subject to local approvals. Rear parking is available for both customers and staff. Recent updates include a newer furnace and roof, potentially reducing immediate capital expenses. Currently occupied by Fashion Eyeglass, the lease will terminate upon sale, providing the new owner with the option to occupy the property or secure a new tenant. The location has a bike score of 40, indicating it is somewhat bikeable, and a walk score of 43, suggesting car dependence.

Key Highlights

• Prime location on Woodward Avenue, south of Birmingham, with high visibility and traffic.
• Flexible two‑level building suitable for retail, office, or service‑based businesses.
• Lease terminates upon sale, providing immediate occupancy or tenant placement flexibility.

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FAQs

What type of property is this?

Storefront property - Two-level commercial building on Woodward Avenue, suitable for retail/office.

Where is this storefront property located?

The property is located at 32756 Woodward Ave Royal Oak, MI.

What is the asking price?

The asking price for this property is $290,000.

What are key features of this property?

This property features: Prime location on Woodward Avenue, south of Birmingham, with high visibility and traffic.; Flexible two‑level building suitable for retail, office, or service‑based businesses.; Lease terminates upon sale, providing immediate occupancy or tenant placement flexibility.