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    915 S Washington Ave Royal Oak, MI 48067

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    For Sale
    $1,030,000

    Fully renovated live/work property in the heart of Royal Oak.

    Property size:
    3,270 SF
    Lot size:
    0.10 Acres

    Property Features for 915 S Washington Ave

    General Information

    Size
    3,270 SF
    Lot size
    0.10 Acres

    Source: L. Mason Capitani, Inc. Agent Aaron R. Smith

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Live/Work Royal Oak Investment

    This renovated and expanded live/work property is located in downtown Royal Oak. The building features a first-floor retail/office space with a second-floor two-bedroom apartment. The property has a new roof, mechanical systems, windows, parking lot, and fire suppression system. The building size is 3,270 square feet. An additional 1,635 square feet of finished lower level space is not included in the quoted square footage.
    Insight Report Location Intelligence

    Current Use by Public Records

    Live-work space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Royal Oak
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1459969
    Latitude
    42.4818847

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    FAQs

    What type of property is this?
    Live-work space - Fully renovated live/work property in the heart of Royal Oak.
    Where is this live-work space located?
    The property is located at 915 S Washington Ave Royal Oak, MI.
    What is the asking price?
    The asking price for this property is $1,030,000.
    What are key features of this property?
    This property features: - Fully Renovated & Expanded for modern living and functionality.; - Rare Live/Work Investment offering unique residential and commercial potential.; - Located in the Heart of Downtown Royal Oak, enjoy prime access and visibility.
    (248) 637-3515
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    915 S Washington Ave Royal Oak, MI 48067
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