This prime property on Woodward Avenue features a 2-story multi-purpose building in a highly desirable location. It�s just a short walk to Corewell Health Hospital of Royal Oak and is surrounded by well-known national retailers, ensuring strong foot and vehicle traffic. The building offers excellent exposure and signage opportunities, making it ideal for businesses looking to maximize visibility. Additionally, the included lot to the south provides further development potential. With very high traffic volume, this property is a valuable opportunity for any investor or business owner. Property is in need of full renovation/repair.
LOCATED IN THE HEART OF DOWNTOWN ROYAL OAK, THIS PROPERTY PRESENTS AN INCREDIBLE OPPORTUNITY FOR POTENTIAL BUYERS. CURRENTLY SET UP AS AN OFFICE SPACE, IT OFFERS THE FLEXIBILITY TO BE CONVERTED INTO A MIXED-USE DEVELOPMENT AS WELL. SITUATED IN A BUSTLING AREA WITH HIGH VISIBILITY, THE PROPERTY FEATURES A SPACIOUS PARKING LOT IN THE BACK AND IS SURROUNDED BY ALL NEW DEVELOPMENTS. DON'T MISS OUT ON THIS VERSATILE INVESTMENT OPPORTUNITY IN A PRIME DOWNTOWN LOCATION
Fantastic opportunity Own your business great location, currently used for Japanese Sushi Dine in & carry out, located in the center of Downtown Royal Oak, within a few miles of downtown Birmingham & Somerset Mall. Join building with a lot of establishments which bring so much traffic to the Tokyo Sushi & Grill. Well established restaurant business for over 15 years and now for sale. Asking price $140,000 includes all equipment. Closed to grocery stores, bars, liquor stores, gas stations and gym, Eagle Plaza public parking just across street from us. Walking distance to great parks, schools, restaurants & shopping is a mile away and close to expressways.
Land contract terms available on this absolute beauty! This dental office is immaculate from top to bottom. Great location in Royal Oak. Perfect for a new dental business or convert to other office uses. Private parking lot with 9 parking spaces. This is currently being used as a dental office. There are 5 individual rooms being used as dental and hygiene work, a separate lab and an office/loft.
MOTIVATED SELLER! BRING OFFER! ONE OF THE BEST LOTS IN ROYAL OAK, HIGH TRAFFIC AREA ON E 11 MILE RD, NICE FRONTAGE WITH .26 ACRE. BUILDING WAS PREVIOUSLY USED AS AN AUTO REPAIR FACILITY WITH 2 OVERHEAD DOORS AND USED CARS DEALERSHIP. GREAT LOCATION & EXCELLENT INVESTMENT OPPORTUNITY! COMMERCIAL / INDUSTRIAL BUILDING SUITED FOR MANY USES.
Excellent Business Opportunity only! Car lot on a busy main street in the heart of Royal Oak. 36 car parking with 2 bay garage. Inventory not included.
The median home value in Royal Oak, MI is $340,000. This is higher than the county median home value of $304,600. The national median home value is $338,100. The average price of homes sold in Royal Oak, MI is $340,000. Approximately 61.1% of Royal Oak homes are owned, compared to 31.76% rented, while 7.14% are vacant. Royal Oak real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Royal Oak real estate agent to arrange a tour today!
Royal Oak, Michigan has a population of 58,368. Royal Oak is less family-centric than the surrounding county with 29.6% of the households containing married families with children. The county average for households married with children is 32.55%.
The median household income in Royal Oak, Michigan is $87,316. The median household income for the surrounding county is $86,275 compared to the national median of $69,021. The median age of people living in Royal Oak is 35.8 years.
The average high temperature in July is 83.4 degrees, with an average low temperature in January of 18.4 degrees. The average rainfall is approximately 33.1 inches per year, with 31.9 inches of snow per year.