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422 11 Mile RdRoyal Oak, MI 48067

Prime Royal Oak location, 2,304 sq ft office.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional two-story, 2,304 square foot executive office building presents a unique owner-user opportunity in the vibrant heart of Royal Oak, Michigan. Constructed in 1954 and renovated in 2008, this Class C property boasts a multi-tenant configuration, ideal for both individual businesses and those seeking to expand. Situated on a 0.06-acre lot at 422 West Eleven Mile Road, the building benefits from high visibility and accessibility, with prominent signage along a road boasting approximately 20,000 cars daily. The convenient location offers easy access to downtown Royal Oak, and the property includes ample free city parking just steps from the entrance. The building's 2,304 square feet are spread across two stories, providing flexibility for various business needs. With a parking ratio of 1.3 spaces per 1,000 square feet, parking is readily available for tenants and clients. This is a rare opportunity to acquire a well-maintained, strategically located commercial property in a thriving Michigan community. The building's history and recent renovations combine to offer a blend of character and modern functionality. This property is perfect for a business seeking a high-profile location with excellent visibility and convenient amenities.

Highlights

  • Multi-tenant occupied building.
  • High-traffic location with excellent visibility.
  • Strong tenant mix providing stable income stream.
  • Significant upside potential through lease renewals and rent increases.
  • Well-maintained property with recent capital improvements.

Property Details for 422 11 Mile Rd

Property type
Office properties
Square Feet
2,304 SF
Class
C
Year Built/Renovated
1954/2008
Stories
2
Lot Size (sq. ft)
2,614 SF

Location Insight

City
Royal Oak
County
Oakland
State
Michigan
Latitude
42.4898535
Longitude
-83.14893
422 11 Mile Rd, Royal Oak, Michigan

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422 11 Mile Rd
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