Royal Oak Redevelopment Opportunity

5130 Coolidge Hwy, Royal Oak, MI 48073

Property Information

  • For Sale $2,000,000
  • Property Type Office - Medical Office
  • Property Size 8,630 SF
  • Units 3
  • Lot Size 1.06 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1977
  • Year Renovated 2023
  • Date Updated May 14, 2026

Description

- Strategic Metro Detroit medical corridor location in Royal Oak, surrounded by major hospitals, physician groups, and dense residential neighborhoods that support strong patient demand. - Excellent accessibility and visibility along Coolidge Highway, a heavily traveled north–south arterial providing convenient access for patients, staff, and emergency services. - Proximity to Beaumont Hospital - Royal Oak and major health systems, reinforcing the area’s reputation as a premier destination for outpatient and surgical medical services. - Affluent and densely populated trade area, with strong demographics that support high utilization of elective and specialty medical procedures. - Purpose-driven medical setting, ideal for a surgery center operator, offering long-term location stability and reduced risk of tenant relocation due to specialized build-out and licensing requirements.-

Highlights

  • Irreplaceable Infill Market – Dense, affluent trade area with limited new supply
  • Outparcel to Meijer – Strong grocery-anchored adjacency with daily needs traffic and long-term draw
  • Owner-user acquisition with operating medical practice included in purchase price
  • Premier Royal Oak Location – Frontage along Coolidge Highway with 45,000+ VPD
  • Recent Capital Improvements Completed - New roof installed in 2023, minimizing near-term capital expenditure
  • Significant Value-Add Upside - Retail / Medical Redevelopment and/or Owner User Opportunity.
  • Strong Medical Fundamentals – Well-positioned for surgery center operators, healthcare investors, or private practice groups seeking real estate control

Contacts

Noah Dalaly

Encore Real Estate Investment Services

Location

Contact Listing Broker
Noah Dalaly

Encore Real Estate Investment Services

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