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710 E 11 Mile Rd 4,812 SF Office Building Royal Oak, MI 48067 $1,200,000 ($249.38/SF)
Investment Highlights
- 4,812 square feet available within walking distance to Royal Oak’s downtown district.
- On-site parking and a garage that can serve as studio or interior car storage.
- Close proximity to retail, dining, and entertainment venues in Royal Oak.
- Prominent visibility and signage opportunities along Eleven Mile Road.
- Positioned on a 0.37-acre site with quick access to I-75 and I-696.
- Offered for sale at $1,200,000 ($249.38 per square foot).
Executive Summary
This freestanding office property offers 4,812 square feet of functional workspace on a 0.37-acre site in Royal Oak’s vibrant downtown area. Located along Eleven Mile Road, the property benefits from excellent visibility and easy access, creating a high-exposure presence for any business. Ample on-site parking further enhances tenant and client convenience, with a dedicated garage suitable for studio use or secure interior car storage.
Situated within walking distance of Royal Oak’s extensive shopping, dining, and entertainment options, this property provides an unmatched combination of accessibility and lifestyle amenities for employees and visitors. Major thoroughfares including I-75 and I-696 are just minutes away, ensuring streamlined regional connectivity. For owner-users or investors seeking a well-located asset with long-term value in an established and growing market, this property represents a rare acquisition opportunity in the heart of one of Metro Detroit’s most dynamic communities.
Situated within walking distance of Royal Oak’s extensive shopping, dining, and entertainment options, this property provides an unmatched combination of accessibility and lifestyle amenities for employees and visitors. Major thoroughfares including I-75 and I-696 are just minutes away, ensuring streamlined regional connectivity. For owner-users or investors seeking a well-located asset with long-term value in an established and growing market, this property represents a rare acquisition opportunity in the heart of one of Metro Detroit’s most dynamic communities.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
4,812 SF
Building Class
C
Year Built
1953
Price
$1,200,000
Price Per SF
$249.38
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,812 SF
Building FAR
0.30
Lot Size
0.37 AC
Zoning
BI - Business
Parking
21 Spaces (4.18 Spaces per 1,000 SF Leased)
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Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 25-22-130-002 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $287,310 |
Property Taxes
Parcel Number
25-22-130-002
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$287,310
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