29764 Woodward Ave, Royal Oak, MI 48073-0906
This exceptional 4,000-square-foot retail space, located at 29764 Woodward Avenue, presents a unique opportunity for a discerning tenant. Built in 1952 and extensively renovated in 2022, the single-story building boasts a spacious, open floor plan with high ceilings, offering maximum flexibility for a variety of retail uses. The property sits on a 0.16-acre lot and includes ample parking with 13 dedicated spaces supplemented by 5 municipal parking spots, ensuring convenient access for customers and employees. The building's prime location on Woodward Avenue provides exceptional visibility and high traffic counts, guaranteeing strong exposure for your business. The area demographics are robust, promising a substantial customer base. The property's recent renovation ensures a move-in ready condition, eliminating the need for costly upgrades. This is a rare opportunity to secure a well-maintained, highly visible retail space in a thriving commercial area. The open floor plan and high ceilings offer significant design flexibility, allowing for customization to suit your specific business needs. The combination of excellent location, ample parking, and recent renovations makes this property an ideal choice for a variety of retail ventures. Don't miss this chance to establish your business in a prime Woodward Avenue location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GEN BUS · Royal Oak, MIRoyal Oak. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.