Renovated Commercial Space in Royal
For Lease
Contact for pricing
1103 S Washington Avenue, Royal Oak, MI 48067
First-floor commercial space with private parking in downtown Royal Oak.
Space Size738 SF
Property Size1,744 SF
Days on Market155
Property Features for 1103 S Washington Avenue
General Information
Standard status
Active
Size
738 SF
Class
B
Total Parking Spaces
10
Property subtype
Office
Lease Type
Gross
Building Details
Building Size
1,744 SF
Year Built
1913
Tenancy
Multiple
Spaces For Lease
at 1103 S Washington Avenue Contact us- Size
- 738 SF
- Type
- Office
- Availability
- Active
Available Space
Listing Agency:
Central Properties Group LLC
(248) 752-4311
Listed By:
Ian Whitelaw · License #6502385342
Source:
Crexi
Added: Mar 10
Changed: Aug 8
Last Checked: Aug 8 at 6:32AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Central Properties Group LLC
Investment Insights
Based on property information with market context.
Located in downtown Royal Oak, this first-floor commercial space combines classic architectural character with modern updates. The property has been renovated to maintain its original style, contrasting with the new construction in the surrounding area. The exterior features a fresh paint job, a new front porch deck, and fencing, enhancing its visibility. The interior is bright, with new windows and custom blinds, and has been improved to create a functional business environment. A significant advantage is the spacious private parking lot located in the back, which is a rare amenity in the downtown area, providing convenient access for both staff and clients. This property is located at 1103 S Washington Ave, Royal Oak, MI 48067.
Key Highlights
- Rare private parking lot in downtown Royal Oak.
- Prime first‑floor commercial space in a high‑visibility downtown location.
- Blend of classic architectural character with modern updates.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$6.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,323
Businesses Nearby
Explore this area
Business Placement
Demographics for 48067, MI
24,589
Population
13,714
Households
1.8
Avg Household Size
36
Median Age
67%
College-Educated
96%
High-School Grad
4.6 sq mi
ZIP Area
5,345
Density / Sq Mi
$107,355
Median Household Income
$76,700
Median Earnings
$1,435
Median Rent
$309,200
Median Home Value
Market
Lease Benchmarks for Royal Oak, MI
$24.9 /SF/Yr
Avg Asking Price
$16–$35 /SF/Yr
Price Range
3,620 SF
Avg Space Size
This space is priced 63% above the average of $24.9 /SF/Yr.
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - First-floor commercial space with private parking in downtown Royal Oak.
Where is this retail space located?
The property is located at 1103 S Washington Avenue Royal Oak, MI.
What is the lease rate?
The lease rate is $40.68 SF/Yr.
What are key features of this property?
This property features: Rare private parking lot in downtown Royal Oak.; Prime first‑floor commercial space in a high‑visibility downtown location.; Blend of classic architectural character with modern updates.
