1103 Washington Ave Royal Oak, MI 48067

This 1,946 square foot mixed-use building, located at 1103 S. Washington Ave in Royal Oak, Michigan, presents a compelling investment opportunity. Built in 1913 and renovated in 2018, this two-story property sits on a 0.19-acre lot and is zoned for mixed-use development. Currently vacant, the building offers flexibility for a variety of uses, having previously served as office space. Its prime downtown Royal Oak location ensures high visibility and foot traffic. The property boasts a spacious rear parking lot, a significant advantage in this bustling area surrounded by new developments. The asking price is $549,900, translating to $282.58 per square foot. This property is ideal for investors seeking a versatile asset in a thriving Michigan city. The building's history, recent renovations, and strategic location combine to create a strong foundation for future growth and profitability. This is a rare chance to acquire a mixed-use property in the heart of downtown Royal Oak, a highly sought-after area known for its vibrant atmosphere and consistent growth. The 0.19-acre lot provides ample space for potential expansion or outdoor amenities. Don't miss this chance to capitalize on the potential of this exceptional property.