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Renovated Corner Retail Space
New
For Lease
$25 SF/Yr

30100-30118 Woodward Ave, Royal Oak, MI 48073

Two retail units may be leased together or separately, with shared parking and street parking available.

Space SizeContact for details
Days on Market6

Property Features for 30100-30118 Woodward Ave

General Information

Standard status Active
Property subtype Retail
Zoning RB

Space & Availability

Divisible Yes
Space Use Retail

Site & Location

Corner Location Yes
Highway Access Yes

Amenities

shared parking
street parking available

Building Details

Year Renovated 2024
Tenancy Multi
Listing Agency: Forward Commercial Group
Listed By: Emil Cherkasov · License #6502392741
Source: Cpix.resimplifi
Added: Aug 13 Changed: Aug 16 Last Checked: Aug 18 at 4:20AM

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 Forward Commercial Group

Investment Insights

Based on property information with market context.

This retail property offers two units that can be leased individually or combined into a larger space. The interior and exterior were renovated in 2024, and the property carries RB zoning. Shared parking is available in front, with additional street parking for customers and visitors.

The building occupies the corner of Woodward Avenue and Burnham Road, just south of 13 Mile Road. It is located near Beaumont Hospital, I-696, and Downtown Birmingham, providing access to established commercial and institutional destinations.

Key Highlights

  • Two retail units can be combined or leased separately
  • Interior and exterior renovations completed in 2024
  • RB zoning

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Parts Store Daycare Center Nail Salon 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.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,408
Businesses Nearby
176k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 82% Shops & Services 10% Apparel 3% Beauty & Spa 2%
McDonald's Dining
43,447 visits/mo 0.3 miles
Starbucks Dining
22,836 visits/mo 0.3 miles
Panera Bread Dining
14,809 visits/mo 0.5 miles
Panda Express Dining
10,781 visits/mo 0.3 miles
Crumbl Cookies Dining
9,694 visits/mo 0.4 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

Market

Lease Benchmarks for Royal Oak, MI

$25.89 /SF/Yr
Avg Asking Price
$16–$35 /SF/Yr
Price Range
3,766 SF
Avg Space Size

This space is priced 3% below the average of $25.89 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Retail space - Two retail units may be leased together or separately, with shared parking and street parking available.
Where is this retail space located?
The property is located at 30100-30118 Woodward Ave Royal Oak, MI.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Two retail units can be combined or leased separately; Interior and exterior renovations completed in 2024; RB zoning
More about this property
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