32128 Woodward Ave Royal Oak, MI 48073
- Commercial real estate
- 8,468 SF
- 0.28 lot acres
Current Use by Public Records
- Bourlier's Barbecue and Fireplace Inc. / Grill Store / Fireplace Store
Property Details for 32128 Woodward Ave
- Year built
- 1962
- Lot size
- 0.28 lot acres
- Property size
- 8,468 SF
- Zone code
- GEN BUS
- Property type
- Commercial real estate
- APN
- 72-25-06-252-011
- APU
- 722506252011
Description
This exceptional 8,528-square-foot commercial building, located at 32128 Woodward Avenue in Royal Oak, Michigan, presents a lucrative investment opportunity. Built in 1962, this well-maintained two-story storefront sits on a 0.275-acre lot (APN 25-06-252-011) and benefits from a highly desirable General Business zoning (Gen Bus). The property boasts excellent visibility and accessibility due to its prominent Woodward Avenue frontage, offering significant potential for a variety of retail uses. The flexible floor plan allows for customization to suit diverse business needs. Its strategic location provides convenient access to I-696, ensuring easy commutes for employees and customers alike. The asking price is $2,125,000. This turnkey property is ready for immediate occupancy and offers a strong return on investment. The building's solid construction and prime location make it an ideal acquisition for savvy investors seeking a high-traffic, well-established retail space in a thriving Michigan community. Don't miss this chance to own a piece of Royal Oak's vibrant commercial landscape.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Royal Oak
- County
- Oakland
- State
- Michigan
- Longitude
- -83.1936
- Latitude
- 42.5261
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA