27754 WOODWARD Avenue $1,200,000

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    27754 WOODWARD Avenue Royal Oak, MI 48067

    • 5,210 sq. ft.
    • 0.23 Acres
    • Commercial
    • MLS# 60300929
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    Views: 4 Days On Site: 17

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    Property Details

    Freestanding retail/office property available for sale. Formerly operated as a cigar lounge. The building was constructed in 1951 and features 18 parking spots Conveniently located on heavily traveled Woodward Avenue, which sees an average daily traffic count of 69,416+ vehicles per day. Surrounded by a plethora of both national and local tenants, offering excellent brand exposure and strong synergy within the immediate marketplace. Positioned near a dense residential population within a five-mile radius of the site. Great opportunity for a neighborhood service retailer, restaurant, office user, or medical office user.

    • General Features
      • Acreage 0.23
      • Area Municipality Royal Oak (63251)
      • County Oakland
      • Originating MLS RealComp
      • Ownership Private
      • Subdivision MAPLE GROVE SUB
      • Total SqFt Finished 5210
      • Waterfront Y/N No
      • Year Built 19
      • ZONING Commercial
    • Building Features
      • Exterior Construction Block
    • Property Features
      • Water Community
      • Lot Size irregular
      • Roads Paved Street
      • Sewer Septic Public Sanitary

    Contact

    Lisa Torres

    Lisa Torres

    REALTOR®

    RE/MAX Select

    Direct: 810-620-2573

    Neighborhood

    48067 (Royal Oak) Demographics

    35 Median Age
    5,376 Population Density (per sq. mile)
    69% College Educated
    $89,538 Estimated Median Income
    8,459 Estimated Total Home Owners
    4,158 Estimated Total Renters
    67% / 33% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    24,685 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $355,000 Median Sales Price
    31 Homes Sold
    110 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,200,000
        4/17/2024 11:54:00 AM New in Database Source: Multiple Listing Service New Value: $1,200,000

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        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.