520 E 11 Mile Road Royal Oak, MI $ 449,000
520 E 11 Mile Road
$ 449,000
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520 E 11 Mile Road

Royal Oak, MI, 48067
$ 449,000
Baths0.0 Sq 1,954

Monthly Estimate*

$ 2,984

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Studio

Commercial Property for sale in Royal Oak, MI

for $449,000. This 1,954 square foot building was built in 1961 on a lot size of 0.18.

Great location on 11 mile walking distance to downtown royal oak and the farmers market. 10 car private parking in rear of buildings. Property has 2 buildings that can be separately leased or used for 1 business. Occupy one and rent the other. Updates include updated office with granite counter, bath, new rubber roof (22) and boiler (23).

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Commercial Pending

Price

$ 449,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 465

Style

Lot Size

0.18

Year Built

1961

Town/City

Royal Oak

County/Region

Oakland

MLS | Web ID

20230032616

Features
Interior
Heating Fuel Natural Gas
Street Suffix Road
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General
Sewer Public Sewer (Sewer-Sanitary)
Heating Forced Air
Possession See Remarks
Zoning Commercial
Year Built 1961
Property Type Commercial
Subdivision Name EDGEWOOD PARK SUB -ROYAL OAK
Transaction Type Sale
Status Pending
Short Sale No
Construction Materials Brick Metal Siding
Cumulative Days on Market 273
MLS Area Royal Oak
Directions PROPERTY IS LOCATED ON THE S SIDE OF 11 MILE EAST OF MAIN STREET. PARKING LOT IS BEHIND THE BUILDINGS. DRIVEWAY JUSY EAST OF BUILDINGS.
City Royal Oak
Terms Offered Cash Conventional Trade/Exchange
School District Royal Oak
Land Contract 0
Ownership Status Short Sale - No Private Owned
Street Name 11 MILE
Assessment 0.00
Total Sq Ft 1954
DOM 273
Taxes 465.0000
Legal Description T1N R11E SEC 16 EDGEWOOD PARK SUB LOT 174
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Exterior
Waterfront 0
Lot Size Area 0.18
Water Source Water at Street
Foundation Slab Basement
Lot Size Dimensions 52.00 x 150.00
Architecture Level 1 Story
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Paul Mychalowych

Listing Agent

Exp Realty Birmingham

Broker

(248) 686-0024

Phone

Affordability Calculator

$3,023
Per Month
99%
1%
0%
Monthly Principal & Interest
$2,984
Monthly Property Taxes
$39
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
848261 Elementary School
848790 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/30/2023$449,000 -2.39% Price Down
8/3/2023$460,000 -3.97% Price Down
6/13/2023$479,000 -4.18% Price Down
4/30/2023$499,900 Listed Price

Map


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520 E 11 Mile Road, Royal Oak, MI, 48067 is a Commercial Property for sale at $449,000 with 1,954 sqft and a lot size of 0.18. 520 E 11 Mile Road is a studio with 0.0 baths and was built in 1961. The property's zip code is 48067 which is in Royal Oak, MI