Downtown Royal Oak Commercial
For Lease
$2,500/Mo
1103 S Washington Ave, Royal Oak, MI 48067
Renovated commercial space in downtown Royal Oak with private parking.
Space SizeContact for details
Property Size738 SF
Days on Market111
Property Features for 1103 S Washington Ave
General Information
Standard status
Active
Size
738 SF
Property subtype
Commercial
Building Details
Building Size
738 SF
Year Built
1913
Listing Agency:
Central Properties Group LLC
(248) 855-5955
Listed By:
Ian Whitelaw · License #6502385342
(248) 855-5955
Source:
Elliman
Added: Apr 24
Changed: Aug 8
Last Checked: Aug 11 at 10:16AM
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 character with modern updates. The property has been renovated to maintain its original architectural style, contrasting with the surrounding new construction. The exterior features fresh paint, a new front porch deck, and fencing, enhancing its visibility. The interior is bright, with new windows and custom blinds, alongside improvements for business functionality. A spacious private parking lot, a rare amenity in downtown, is located at the back of the property. Situated in a high-traffic area near new developments, this versatile space suits an office, studio, or boutique business. The lease price is a gross lease price, including gas, electric, trash, and water. Shorter or longer-term lease options are available. Second and third-floor offices within the building are also available, with shared access to the building. Lower-level storage is available as needed, and a washer and dryer are located in the basement. The location has a bike score of 80, indicating it is very bikeable, and a walk score of 76, indicating it is very walkable.
Key Highlights
- Prime downtown Royal Oak location in a high‑traffic area.
- Spacious private parking lot, a rare amenity in the downtown area.
- Gross lease price includes gas, electric, trash, and water.
Property Analytics
Property Profile
Current Use
Lease Details
Gross
Lease Type
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
$25.64 /SF/Yr
Avg Asking Price
$4.17–$63.89 /SF/Yr
Price Range
6,940 SF
Avg Space Size
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Renovated commercial space in downtown Royal Oak with private parking.
Where is this office units located?
The property is located at 1103 S Washington Ave Royal Oak, MI.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: Prime downtown Royal Oak location in a high‑traffic area.; Spacious private parking lot, a rare amenity in the downtown area.; Gross lease price includes gas, electric, trash, and water.
