Royal Oak MI Commercial for Sale

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Type:
Industrial
Sq.Ft.:
2,737
Status:
Active
Beds:
n/a
Lot size:
0.09 Acres
Year built:
1919
Baths:
MLS#:
60347774
Subdivision:
WOODWARD GROVE LAND CO'S

ADDITIONAL INFORMATION

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.

Type:
Industrial
Sq.Ft.:
1,744
Status:
Active
Beds:
n/a
Lot size:
0.19 Acres
Year built:
1919
Baths:
MLS#:
60327140
Subdivision:
PARENT'S SUB

ADDITIONAL INFORMATION

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

Type:
Industrial
Sq.Ft.:
2,000
Status:
Active
Beds:
n/a
Year built:
1999
Baths:
MLS#:
60300237

ADDITIONAL INFORMATION

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.

Type:
Industrial
Sq.Ft.:
1,255
Status:
Active
Beds:
n/a
Lot size:
0.11 Acres
Year built:
1919
Baths:
MLS#:
60280554
Subdivision:
MEADOW PARK ADD

ADDITIONAL INFORMATION

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.

Type:
Industrial
Sq.Ft.:
1,516
Status:
Active
Beds:
n/a
Lot size:
0.26 Acres
Year built:
1919
Baths:
MLS#:
60239782
Subdivision:
TOWAR PARK SUB

ADDITIONAL INFORMATION

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.

Type:
Industrial
Sq.Ft.:
1,135
Status:
Active
Beds:
n/a
Lot size:
0.21 Acres
Year built:
1919
Baths:
MLS#:
60205957
Subdivision:
KNOWLES OAK RIDGE PLAT

ADDITIONAL INFORMATION

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.

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Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307


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Royal Oak Real Estate

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.

Royal Oak Weather

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.

Royal Oak Real Estate Market Conditions

  • Median sales price

    $340,000
    10.8% change since last quarter
  • # Active listings

    222
    30-day change

Royal Oak Schools and Demographics

Education near Royal Oak, MI

Metric City County
High School Graduates 96.27 94.65
College Degree - 2 year 7.31 8.33
College Degree - 4 year 60.13 48.94
Graduate Degree 16.71 15.77
Expenditures per Student 15,188 15,188
Students per Teacher 17 17

Elementary Schools near Royal Oak, MI

School Grades Students P/T Ratio ZIP
Addams Elementary and ECC PK - 05 461 15.3 48073
Alfred E. Upton Elementary School KG - 05 283 15.7 48073
Edmonson Elementary School PK - 05 286 16.7 48071
Four Corners Montessori Academy PK - 08 339 17.4 48071
Hiller Elementary School KG - 05 344 14.9 48071
Keller Elementary School PK - 05 392 16 48067
Lamphere Early Childhood Center PK - PK 0 48071
Lessenger Elementary School PK - 05 339 15.9 48071
Madison Elementary School PK - 05 349 13.6 48071
Northwood Elementary School KG - 05 490 21.9 48073
Oak Ridge Elementary School KG - 05 431 18.4 48073
Oakland Elementary School KG - 05 283 17.6 48067
Roosevelt Primary School KG - 03 369 16.8 48220
Simonds Elementary School PK - 05 288 15.4 48071

Middle Schools near Royal Oak, MI

School Grades Students P/T Ratio ZIP
Coolidge Intermediate School 04 - 06 271 17.6 48220
Edison Elementary School KG - 05 196 12.3 48071
Ferndale Middle School 07 - 08 329 19.2 48220
Halfman Elementary School KG - 05 231 13.9 48071
Page Middle School 06 - 08 594 18 48071
Royal Oak Middle School 06 - 08 1,055 19.5 48067
University Middle School 07 - 08 26 26 48220
Wilkinson Middle School 06 - 08 231 15.1 48071

High Schools near Royal Oak, MI

School Grades Students P/T Ratio ZIP
Ferndale High School 09 - 12 699 16.9 48220
Lamphere High School 09 - 12 768 18.6 48071
Madison High School 09 - 12 398 15.2 48071
Royal Oak High School 09 - 12 1,278 19.2 48073
University High School 09 - 12 413 21.7 48220

Ungraded Schools near Royal Oak, MI

School Grades Students P/T Ratio ZIP
* Churchill Community Ed. Center 09 - 12 124 13.3 48073
* Creative Learning Center - Madison Heights 10 - 12 12 4 48071
* Digital Learning Center 09 - 12 343 42.9 48220
* Madison Preparatory High School 09 - 12 95 15.3 48071
Edison Max Day Treatment KG - 12 54 7.3 48220
Frederick Douglass International Academy UG - UG 0 48220
Lamphere Center 06 - 12 34 3.8 48071
Madison Virtual Academy 01 - 12 238 158.7 48071
Webb Elementary School PK - 12 366 12 48220

Demographics near Royal Oak, MI

Metric City County
Neighborhood Type
Population 58,368 1,271,983
Population Density 4,950 1,466
Median Age 35.8 41
People per Household 2 2.4
Median Household Income 87,316 86,275
Average Income per Capita 54,486 49,012