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Strip Mall Property With Food Service
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29968 WOODWARD AVE, Royal Oak, MI 48073

Commercial space identified for pizzeria and ice cream shop use.

Property Size2,324 SF
Days on Market49

Property Features for 29968 WOODWARD AVE

General Information

Standard status Active
Size 2,324 SF
Property subtype Business for Sale

Building Details

Year Built 1945
Stories 1
Units 1
Listing Agency: Premier Realty Service LLC
Listed By: Raid (Ron) Shaba · License #MI 6501449901
Source: Crexi
Added: Aug 10 Changed: Sep 11 Last Checked: Sep 26 at 5:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Premier Realty Service LLC

Investment Insights

Based on property information with market context.

This strip mall property contains 2,324 SF of commercial space associated with pizzeria and ice cream shop use. The building was constructed in 1945.

The property is located at 29968 Woodward Ave in Royal Oak, MI and is identified as General Commercial.

Key Highlights

  • 2,324 SF of commercial space
  • Associated with pizzeria and ice cream shop use
  • Constructed in 1945

Property Analytics

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Current Use

Toarmina's Pizza Restaurant Sarah's Sweets Bakery ... Bakery Jacqueline Renee Vaneecke Physician

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Parts Store Nail Salon Daycare Center Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

923
Businesses Nearby
84k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 67% Shops & Services 24% Apparel 7% Electronics 2%
Starbucks Dining
22,836 visits/mo 0.5 miles
Pet Supplies Plus Shops & Services
10,120 visits/mo 0.3 miles
Arby's Dining
9,439 visits/mo 0.3 miles
IHOP Dining
9,030 visits/mo 0.4 miles
Olga's Kitchen Dining
7,457 visits/mo 0.3 miles

Demographics for 48073, MI

33,658
Population
17,551
Households
1.9
Avg Household Size
39
Median Age
59%
College-Educated
97%
High-School Grad
7.4 sq mi
ZIP Area
4,548
Density / Sq Mi
$86,426
Median Household Income
$58,525
Median Earnings
$1,245
Median Rent
$302,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - Commercial space identified for pizzeria and ice cream shop use.
Where is this strip mall located?
The property is located at 29968 WOODWARD AVE Royal Oak, MI.
What are key features of this property?
This property features: 2,324 SF of commercial space; Associated with pizzeria and ice cream shop use; Constructed in 1945
(586) 746-9033 Call to check price and availability
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