Property summary
This exceptional 3,346-square-foot freestanding office building is situated on a 0.23-acre lot at the highly visible corner of Woodward Avenue and Concord Road in Huntington Woods, Michigan. Built in 1960 and renovated in 2005, this single-story Class B building offers a flexible layout ideal for various office uses, including creative, medical, or traditional office spaces. Currently vacant with an occupancy date of December 1, 2024, the property features high exposed ceilings, three private offices, two open office areas, two restrooms, and a kitchen. Its zoning (TD) allows for a wide range of uses. The building benefits from excellent visibility along Woodward Avenue, a major thoroughfare with significant daily traffic. Its location provides easy access to I-696 and I-275, placing it within convenient reach of both Detroit and Royal Oak's vibrant commercial districts. The property is also minutes from Corewell Health Beaumont Hospital and approximately 30 minutes from Detroit Metro Airport (DTW). Abundant shopping, dining, and entertainment options surround the building, enhancing its appeal and attracting a diverse workforce. The asking price is $799,000. This owner-user investment opportunity presents a compelling combination of location, flexibility, and potential.
Property profile
VerifiedCap rate & NOI
Current use
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Accounting Firm Tax Preparation
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Charitable Organization Social Service Agency
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
BI · Huntington Woods, MIZoning
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Zoning designation
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The district profile from the municipal source: what is on file for BI in Huntington Woods, MI.
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