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32844-32858 Woodward Ave
Royal Oak, MI 48073
North Woodward Retail · Retail Property For Sale
Investment Highlights
- Ideally situated between Royal Oak and Birmingham- two of Metro Detroit’s most affluent and dynamic submarkets
- Surrounded by established residential neighborhoods and daytime employment hubs
- Located within a high-income trade area with strong consumer spending power
- Benefiting from ongoing redevelopment and strong tenant demand
- Significant daytime population supporting retail and service uses
Executive Summary
This 2,332 SF retail asset offers an aggressive presence along the Woodward Avenue corridor, just south of the Birmingham border. Strategically positioned to capture over 70,000 vehicles per day, the property serves as a high-visibility link between the high-density residential neighborhoods of Royal Oak and the affluent Birmingham trade area. The building features an adaptable interior footprint and dedicated onsite parking—a rare and valuable commodity for this stretch of Woodward. Located within a mile of the Corewell Health (Beaumont) campus and major regional anchors like Meijer and Target, the site is ideally suited for a brand seeking a permanent foothold in one of Metro Detroit’s most resilient commercial submarkets.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
2,332 SF
Building Class
C
Year Built
1963
Percent Leased
37%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.54
Lot Size
0.10 AC
Zoning
BI - General Business District
Parking
5 Spaces (2.14 Spaces per 1,000 SF Leased)
Frontage
40’ on Woodward Ave
Amenities
- Signage
Property Taxes
| Parcel Number | 25-06-127-002 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $239,644 CAD |
Property Taxes
Parcel Number
25-06-127-002
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$239,644 CAD
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