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    Madison Heights, MI Huntington Woods, MI Ferndale, MI Berkley, MI Hazel Park, MI Warren, MI Oak Park, MI Clawson, MI
    Woodward Avenue Retail Opportunity
    Updated: Mar 17, 2025
    Woodward Avenue Retail Opportunity

    32302 Woodward Ave, Royal Oak, MI

    Contact for pricing
    5,264 sqft 0.21 AC lot
    High Traffic Location: Over 75,000 cars per day on Woodward Ave.
    Strategic Location: Located on Woodward Ave, across from Agree's Headquarters.
    Redevelopment Potential: Opportunity for complete redevelopment by a sophisticated ownership group.
    Available Spaces: Includes a 5,264 SF former Army Navy retail space and a 3,554 SF former restaurant space.
    Proximity to Corewell Health Hospital: Close proximity to Royal Oak Corewell Health Hospital.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Royal Oak, MI, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 2 Properties for Sales.

    Restaurants for Lease in Nearby Cities

    Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

    Takeout Food Space Inside Liquor Store
    Takeout Food Space Inside Liquor Store

    4043 17 Mile, Sterling Heights, MI 48310

    $1,100/Mo
    13,680 sqft

    Gross-lease food premises with existing serving and preparation fixtures, available for tenant customization with landlord approval.

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    Turnkey Restaurant in Gas Station
    Turnkey Restaurant in Gas Station

    4050 15 Mile Rd, Sterling Heights, MI 48310

    $171.08 SF/Yr
    491 sqft

    491 SF food service space inside a newly constructed gas station, equipped with a built-in hood and walk-in cooler.

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    Corner Restaurant Space
    Corner Restaurant Space

    22965 Woodward Avenue, Ferndale, MI 48220

    $25 SF/Yr

    A lease term of three to five years is available for this restaurant property.

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    Retail/Restaurant Space For Lease
    Retail/Restaurant Space For Lease

    23131 Woodward Ave, Ferndale, MI 48220

    Contact for pricing

    Retail or restaurant space available for lease.

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    Similar Spaces for Sale in Royal Oak, MI

    Consider Similar Space for Sale. We found 2 Spaces matching your search parameters.

    Equipped Conventional Restaurant
    Equipped Conventional Restaurant

    444 Oakland Ave, Royal Oak, MI 48067

    $60,000
    2,000 sqft

    Arabic restaurant business in a plaza on a main road, with kitchen equipment included.

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    Renovated Breakfast Diner
    Renovated Breakfast Diner

    1234 South Main Street, Royal Oak, MI 48067

    Contact for pricing
    1,800 sqft

    Updated restaurant space with an established kitchen, counter service area, and dining buildout.

    View details

    Royal Oak, MI Restaurants Lease Rates & Market Statistics

    Explore 1 Restaurants listing for lease in Royal Oak, MI on Realmo, a commercial real estate exchange covering the Royal Oak area. The current inventory totals 5,264 square feet of properties.

    Royal Oak accounts for 3% of the 35 restaurants currently available across Oakland County, where nearby markets include Novi and Ferndale.

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