High-End Retail/Office Building on
For Sale
$3,300,000
32500 Woodward Avenue, Royal Oak, MI 48073
Turn-key, remodeled retail/office building with parking near Birmingham.
Property Size5,889 SF
Price / SF$560.37
Days on Market158
Property Features for 32500 Woodward Avenue
General Information
Standard status
Active
Size
5,889 SF
Property subtype
Retail
Building Details
Building Size
5,889 SF
Year Built
1947
Listing Agency:
KJ Commercial
Listed By:
Kevin Jappaya, CCIM
(248) 931-1980
Source:
Kjcre
Added: Apr 3
Changed: Aug 31
Last Checked: Sep 7 at 4:47AM
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 KJ Commercial
Investment Insights
Based on property information with market context.
This is a rare opportunity to acquire a turn-key, high-end retail or office building located on Woodward Avenue. The existing occupant, Citizens State Bank, is relocating to a new headquarters facility. The freestanding building offers approximately 5,889 square feet of space and includes 25 private on-site parking spaces. The building was fully remodeled in 2021, featuring high-quality interior and exterior improvements. Built-in office furniture is included in the sale. This move-in ready space is suitable for a variety of users. The property is located minutes from Downtown Birmingham and benefits from excellent exposure with over 64,000 vehicles per day on Woodward Avenue. The surrounding area has strong demographics, with over 264,000 residents within a 5-mile radius.
Key Highlights
- High‑traffic location on Woodward Avenue with over 64,000 vehicles per day (VPD).
- Turn‑key, fully remodeled in 2021 with high‑quality interior and exterior improvements.
- ±5,889 SF freestanding building with 25 private on‑site parking spaces.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
705
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Bank - Turn-key, remodeled retail/office building with parking near Birmingham.
Where is this bank located?
The property is located at 32500 Woodward Avenue Royal Oak, MI.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: High‑traffic location on Woodward Avenue with over 64,000 vehicles per day (VPD).; Turn‑key, fully remodeled in 2021 with high‑quality interior and exterior improvements.; ±5,889 SF freestanding building with 25 private on‑site parking spaces.
