30252 Woodward Ave, Royal Oak, MI 48073-0994
- Strip malls
- 13,456 SF
- 1.12 lot acres
Current Use by Public Records
- Strip malls
Property Details for 30252 Woodward Ave
- Year built
- 2008
- Lot size
- 1.12 lot acres
- Zone code
- GEN BUS
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 72-25-08-176-024
- APU
- 722508176024
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 3, 2025 | — | Afa Royal Oak II LLC | Nrf Woodwardside Plaza LLC | Deed | $3.6M · Comerica Bank |
| Mar 30, 2022 | — | Nrf Woodwardside Plaza LLC | Royal Oak LLC | Deed | $22M · The Huntington National Bank |
| Jan 11, 2021 | — | Woodwardside Royal Oak LLC | Metro Woodward LLC | Deed | $3.1M · The State Bank |
| Jul 2, 2008 | — | Metro Woodward LLC | Patel,rajenkumar P & Vasant R | Warranty Deed · related | — |
| Dec 28, 2001 | — | Comfort Motel INC | — | Deed Of Trust · related | $1.3M · Comerica Bank |
| May 17, 1999 | $63,953 | Comfort Motel INC | Marvin INC | Grant Deed | — |
| Nov 10, 1998 | — | Properties Bak | Dorich,linda A | Quit Claim Deed · related | — |
| Nov 10, 1998 | $61,395 | Marvin | Bak Properties | Trustees Deed | — |
| — | — | Comfort Motel INC | — | Deed Of Trust · related | $650k · Comerica Bank |
| — | — | Comfort Motel INC | — | Deed Of Trust · related | $425k · Citizens Federal Bank Fsb |
| — | — | Comfort Motel INC | — | Deed Of Trust · related | $225k · Comerica Bank |
Description
This exceptional retail and restaurant opportunity is located in the highly desirable Woodwardside Plaza in Royal Oak, Michigan. The property boasts a total of 12,903 square feet, with 3,105 square feet currently available for lease. This space is a second-generation restaurant end-cap, perfectly positioned on Woodward Avenue, a major thoroughfare with a high traffic volume of 64,000 vehicles per day. The plaza benefits from its strategic location within a densely populated residential area, surrounded by over 60,000 homes within a one-mile radius, ensuring a strong customer base. Its proximity to Beaumont Hospital, Michigan's largest Beaumont campus with over 1,100 beds, further enhances its appeal and provides a significant source of potential clientele. The property offers excellent visibility and accessibility, complemented by convenient self-contained parking directly on Woodward Avenue. This prime location presents a unique opportunity for a restaurant operator to establish a thriving business in a vibrant and high-traffic area. The property is designated as a multi-tenant plaza, offering a dynamic and established commercial environment. This is a turnkey opportunity for a restaurant seeking a high-visibility location with ample parking and a strong surrounding demographic. The available space is ready for immediate occupancy.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,868,000
- AI Estimate
- $955,000
Market price range: $752k - $1.87MMarket price range: $316k - $955k -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $1,250,000 Current use
- RESTAURANT
- $2,330,000 Change: +86% Conversion: Difficult
- RETAIL STORES
- $2,270,000 Change: +81% Conversion: Easy
- MEDICAL BUILDING
- $2,125,000 Change: +70% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,650,000 Change: +32% Conversion: Difficult
- OFFICE BUILDING
- $1,580,000 Change: +26% Conversion: Moderate
- INDUSTRIAL (GENERAL)
- $1,090,000 Change: -13% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Royal Oak
- County
- Oakland
- State
- Michigan
- Longitude
- -83.1799
- Latitude
- 42.5123
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
