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Renovated Office Suites
For Lease
$625/Mo

628 E Parent Avenue #101, Royal Oak, MI 48067

Commercial office space offers a shared lobby, conference facilities, and convenient on- and off-street parking.

Space SizeContact for details
Property Size190 SF
Days on Market228

Property Features for 628 E Parent Avenue #101

General Information

Standard status Active
Size 190 SF
Zoning Commercial, Office

Additional Details

Space Use Office

Amenities

shared lobby
conference space
off-street parking
on-street parking

Building Details

Building Size 190 SF
Year Built 1942
Stories 1
Listing Agency: Good Company
Listed By: Justin Lyons · License #MICHIGAN442800
Source: Homesforsaleinmich
Added: Jan 7 Changed: Aug 20 Last Checked: Aug 22 at 1:33PM

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 Good Company

Investment Insights

Based on property information with market context.

Renovated office suites are arranged within a professional complex at 628 E Parent Avenue in Royal Oak. The property includes three available suites in varied sizes, with flexibility to combine spaces or adjust configurations for tenant requirements. A shared lobby and conference room provide common areas for visitors and meetings.

Parking includes both off-street spaces and complimentary on-street options. The complex is within walking distance of downtown Royal Oak, providing a central setting for office users and their clients. The property was built in 1942 and carries Commercial, Office zoning.

Key Highlights

  • Three office suites available in varied sizes
  • Suites may be combined or configured to suit tenant requirements
  • Renovated complex with shared lobby and conference room

Property Analytics

Current Use

Contour Land Group Architecture Firm Phalanges Manicure Studio Nail Salon The Lash and Brow Studio Hair Salon Lunar Lash Bar- ... Hair Salon Burke Video Co Film Production

Suggested Use

Top Pick Grocery & Convenience Store Pharmacy (Bike/Boat/Book/etc) Store Daycare Center Carpet & Flooring Store Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,283
Businesses Nearby

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

$26.35 /SF/Yr
Avg Asking Price
$4.17–$63.89 /SF/Yr
Price Range
6,098 SF
Avg Space Size

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Commercial office space offers a shared lobby, conference facilities, and convenient on- and off-street parking.
Where is this office units located?
The property is located at 628 E Parent Avenue #101 Royal Oak, MI.
What is the lease rate?
The lease rate is $625/Mo.
What are key features of this property?
This property features: Three office suites available in varied sizes; Suites may be combined or configured to suit tenant requirements; Renovated complex with shared lobby and conference room
More about this property
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