27754 WOODWARD Avenue Royal Oak, MI ^$ 1,200,000

27754 WOODWARD Avenue

^$ 1,200,000

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27754 WOODWARD Avenue

Royal Oak, MI, 48067

^$ 1,200,000

Studio Baths0.0 Sq 5,210

Monthly Estimate*

^$ 7,976

27754 WOODWARD Avenue, Royal Oak, MI 48067 - Image 1

27754 WOODWARD Avenue, Royal Oak, MI 48067 - Image 2

27754 WOODWARD Avenue, Royal Oak, MI 48067 - Image 3

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27754 WOODWARD Avenue, Royal Oak, MI 48067 - Image 7

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27754 WOODWARD Avenue, Royal Oak, MI 48067 - Image 11

Studio

Commercial Property for sale in Royal Oak, MI

for $1,200,000. This 5,210 square foot building was built on a lot size of 0.23.

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.

Commercial Active

Price

^$ 1,200,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 18,434

Style

Commercial/Industrial

Lot Size

0.23

Town/City

Royal Oak

County/Region

Oakland

MLS | Web ID

60300929

Features

General

Possession At Close

Water Community

Status Active Active

Year Built 19

Subdivision MAPLE GROVE SUB MI

County Oakland

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Royal Oak

Zoning Commercial

Area Royal Oak (63251)

Primary City Royal Oak

Directions NA

City Royal Oak

Street Name WOODWARD

Financial Terms Cash Conventional

Legal Description T1N R11E SEC 16 MAPLE GROVE SUB PART OF LOTS 11 TO 15 INCL ALSO PART OF VAC WASHINGTON DR ALL DESC AS BEG AT INTERSECTION OF NLY LINE OF LOT 11 & ELY LINE OF WIDENED WOODWARD AVE

DOM 42

Postal Code 48067

Price Per Sq Ft Total 230.33

Coming Soon

Exterior

Exterior Block

Frontage 50

Lot Size Area 0.23

Lot Dimensions irregular

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Corbin Yaldoo

Listing Agent

C3 Cre, Llc

Broker

corbin@c3cre.com

Affordability Calculator

$9,512

Per Month

Monthly Principal & Interest: $7,976
Monthly Property Taxes: $1,536
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Royal Oak, MI

Average List Price ^$299,904

Percent of Sale Price 75%

About Royal Oak, MI

58,569 Population

-2% Since 2002

^$69,342 Median Income

40.15 Median Age

17% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/17/2024	$1,200,000		Listed Price

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27754 WOODWARD Avenue, Royal Oak, MI, 48067 is a Commercial Property for sale at $1,200,000 with 5,210 sqft and a lot size of 0.23. 27754 WOODWARD Avenue is a studio with 0.0 baths. The property's zip code is 48067 which is in Royal Oak, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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27754 WOODWARD Avenue

Commercial Property for sale in Royal Oak, MI

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