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520 E 11 Mile Rd, Royal Oak, MI, 48067
Royal Oak Mixed-Use Opportunity

520 E 11 Mile Rd Royal Oak, MI 48067

For Sale
$499,000

Two buildings in prime location near downtown Royal Oak.

Days on Market95

Property Features for 520 E 11 Mile Rd

General Information

Standard status
Active
Property subtype
Commercial

Building Details

Year Built
1961
Listing Agency: EXP Realty Birmingham
Listed By: Paul Mychalowych · License #6506042081
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Jul 26 at 12:56PM

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 EXP Realty Birmingham


Investment Insights

Based on property information with market context.

Located on E 11 Mile in Royal Oak, this property is within walking distance of Downtown Royal Oak and the Royal Oak Farmers Market. The property features two separate buildings on one parcel, with approximately 10 private parking spaces in the rear. The rear building has a residential-style layout and is being prepared for short-term rental use. The property is commercially zoned, and buyers should verify permitted uses with the City of Royal Oak. One building could be used for business operations while the other is utilized for additional income or complementary use. The front building includes updated office space with granite counters, a bathroom, a newer rubber roof (2022), and a boiler (2023). It could also be used as a coffee shop with possible drive-thru window service on the east side of the building. The buildings may be separately leased or combined for a single operation. The property offers excellent visibility, walkability, and a versatile layout in a desirable Royal Oak corridor. The bike score is 69, indicating it is bikeable, and the walk score is 85, indicating it is very walkable.

Key Highlights

  • Prime Royal Oak location, walk to Downtown Royal Oak & Farmers Market.
  • Two separate buildings on one parcel with approximately 10 private parking spaces.
  • Commercially zoned for diverse uses (buyer to verify with City of Royal Oak).

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Food Market (Bike/Boat/Book/etc) Store Grocery & Convenience Store Daycare Center Locksmith (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Plumbing Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Mixed-use property - Two buildings in prime location near downtown Royal Oak.
Where is this mixed-use property located?
The property is located at 520 E 11 Mile Rd Royal Oak, MI.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Prime Royal Oak location, walk to Downtown Royal Oak & Farmers Market.; Two separate buildings on one parcel with approximately 10 private parking spaces.; Commercially zoned for diverse uses (buyer to verify with City of Royal Oak).
More about this property
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