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    902 S Washington Ave Royal Oak, MI 48067

    For Sale
    $429,000

    Mixed-use property near downtown Royal Oak with development potential.

    Lot size:
    0.14 Acres

    Property Features for 902 S Washington Ave

    General Information

    Lot size
    0.14 Acres

    Building Details

    Year built
    1914

    Source: Century 21 Curran & Oberski Agent Ali T Charara

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

    Overview

    Royal Oak Mixed-Use Property

    Located steps from downtown Royal Oak, this mixed-use property offers an opportunity for residential, commercial, or multi-family development. The well-maintained Arts & Crafts-style home features refinished hardwood floors, a formal dining room with a bay window, a spacious kitchen with a pantry and original built-ins, and an enclosed front porch. The upper level includes three large bedrooms, a full bath, and stairs to an unfinished attic suitable for an office or additional living space. The property also has a dry basement with an enclosed toilet. Situated on a large corner lot, it offers excellent parking potential and a three-car garage accessible from 9th Street and an alley. The location is near restaurants, shops, and nightlife.
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    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
    -83.146795
    Latitude
    42.4822905

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property near downtown Royal Oak with development potential.
    Where is this mixed-use property located?
    The property is located at 902 S Washington Ave Royal Oak, MI.
    What is the asking price?
    The asking price for this property is $429,000.
    What are key features of this property?
    This property features: - Prime Downtown Royal Oak Location: Steps from restaurants, shops, and nightlife.; - Mixed-Use Zoning: Allows for residential, commercial, or multi-family development.; - Large 3-Car Garage: Accessible from 9th Street and an alley.
    (313) 274-7200
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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
    902 S Washington Ave Royal Oak, MI 48067
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