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About the Listing 106345 - 691361
Prime Royal Oak location on E 11 Mile within walking distance to Downtown Royal Oak and the Royal Oak Farmers Market. Property features two separate buildings on one parcel with approximately 10 private parking spaces in the rear, offering exceptional flexibility for owner-user or investment opportunity. The rear building has a residential-style layout and is currently being prepared for short-term rental abnb use. Property is commercially zoned (buyer to verify all permitted uses with the City of Royal Oak). This setup allows potential use of one building for business operations while utilizing the other for additional income or complementary use. The front building includes updated office space with granite counter, bathroom, newer rubber roof (2022), and boiler (2023). Could be used as a coffee shop with possible drive thru window service on east side of building. Buildings may be separately leased or combined for a single operation. Excellent visibility, walkability, and versatile layout in a highly desirable Royal Oak corridor.
Listing Highlights
Status
Active
Days on Site
28
Property Type
Commercial Sale
MLS ®
60970294
Year Built
19
Total Square Footage
1,954
Lot/Acreage
0.18
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1954
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Other-See Remarks
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 52X150
- Zoning: Commercial
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $10,703
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
520 E 11 Mile Royal Oak, MI 48067
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