520 E 11 Mile RD, Royal Oak Charter Township, MI 48067
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520 E 11 Mile RD, Royal Oak Charter Township, MI 48067
520 E 11 Mile RD, Royal Oak Charter Township, MI 48067
520 E 11 Mile RD, Royal Oak Charter Township, MI 48067
520 E 11 Mile RD, Royal Oak Charter Township, MI 48067
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$ 515,000
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520 E 11 Mile RD Royal Oak Charter Township, MI 48067

1,954 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type RealEstateOnly

Listing Status Active

Purchase Type For Sale

Square Footage 1,954 sqft

Price per Sqft $263

Subdivision Central Park

MLS Listing ID 20261008692

Year Built 1961

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type RealEstateOnly

Property Description

Prime Royal Oak location on E 11 Mile within walking distance to Downtown Royal Oak and the Royal Oak Farmers Market. Property features two separate buildings on one parcel with approximately 10 private parking spaces in the rear, offering exceptional flexibility for owner-user or investment opportunity.

The rear building has a residential-style layout and is currently being prepared for short-term rental abnb use. Property is commercially zoned (buyer to verify all permitted uses with the City of Royal Oak). This setup allows potential use of one building for business operations while utilizing the other for additional income or complementary use.

The front building includes updated office space with granite counter, bathroom, newer rubber roof (2022), and boiler (2023). Could be used as a coffee shop with possible drive thru window service on east side of building. Buildings may be separately leased or combined for a single operation. Excellent visibility, walkability, and versatile layout in a highly desirable Royal Oak corridor.

Location

State MI

County Oakland

Area Area02251Royaloak

Interior

Fireplace No

Exterior

View Y/N No

Garage false

Building

Foundation Basement, Block

Sewer Public Sewer

Water Other

New Construction No

Schools

School District Royal Oak

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard


Realcomp MLS
Listed by Paul Mychalowych of EXP Realty Birmingham
Bill Ristov

Bill Ristov

Broker Associate | License ID: 370946

+1(248) 421-5998

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520 E 11 Mile RD