32500 Woodward Avenue, Royal Oak, MI for sale

Investment Overview

Rare opportunity to acquire a turn-key, high-end freestanding building located on Woodward Avenue. The ±5,889 SF property features 25 private on-site parking spaces and is currently occupied by Citizens State Bank, which is relocating to a new headquarters facility. The building was fully remodeled in 2021 with high-quality interior and exterior improvements, and built-in office furniture is included in the sale, creating a move-in ready environment suitable for a variety of users. The site is minutes from Downtown Birmingham, offers excellent visibility with over 64K VPD on Woodward Avenue, and is supported by strong surrounding demographics, with more than 264K residents within a 5-mile radius.

Investment Highlights

• Rare opportunity to acquire a turn-key, high-end retail/office building on Woodward Avenue
• Existing occupant, Citizens State Bank, relocating to new headquarters facility
• ±5,889 SF freestanding building with 25 private on-site parking spaces
• Fully remodeled in 2021 with high-quality interior and exterior improvements
• Built-in office furniture included in sale
• High-end, move-in ready space suitable for a variety of users
• Minutes from Downtown Birmingham
• Excellent exposure with over 64K VPD on Woodward Avenue
• Strong demographics with over 264K residents within a 5-mile radius