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    301 4Th St Royal Oak, MI 48067

    Sponsored
    For Lease
    $15 SF/Yr

    Historic Loft Offices, Downtown Royal Oak

    Lot size:
    62,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional creative office building, located at 301 West Fourth Street in Royal Oak, Michigan, presents a unique opportunity for businesses seeking a vibrant and inspiring workspace. Built in 1925 and extensively renovated in 2013, this Class B property boasts 62,000 square feet spread across four stories. The building features 20 individual suites, with a minimum divisible space of 200 square feet and a maximum contiguous space of 6,000 square feet. Currently, 700 square feet of space is available. The building offers convenient access, situated at the intersection of Fourth and Washington Streets in the Birmingham submarket. Amenities include two elevators – one freight and one passenger – and impressive 10-foot ceilings. The interior features attractive hardwood flooring, perfect for creating a stylish and functional office environment. This property is ideal for a variety of businesses seeking a blend of historic charm and modern functionality in the heart of Royal Oak's dynamic downtown area. The zip code is 48067.

    Property Features for 301 4Th St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    62,000 SF
    Class
    B
    Total Rate
    77500

    Building Details

    Year Built/Renovated
    1925/2013
    Buildings
    1
    Stories
    4

    Unit(s) available at that property

    Space
    LL55
    Size
    200 SF
    Rate per SF
    $24
    Space
    200
    Size
    7,500 SF
    Rate per SF
    $28
    Space
    490
    Size
    350 SF
    Rate per SF
    $24
    Space
    300
    Size
    14,000 SF
    Rate per SF
    $28
    Space
    120
    Size
    7,300 SF
    Rate per SF
    $28
    Space
    410
    Size
    450 SF
    Rate per SF
    $24
    Space
    LL150
    Size
    5,000 SF
    Rate per SF
    $15

    HighLights

    • Class B, 62,000 SF creative office building in Royal Oak, MI (48067).
    • 20 suites available, ranging from 200 SF to 6,000 SF contiguous; 700 SF currently available.
    • Located at 301 West Fourth Street, at the intersection of Fourth and Washington Streets in the Birmingham submarket.
    • Building amenities include two elevators (one freight, one passenger), 10‑foot ceilings, and hardwood floors.
    • Security features include key fob entry, camera monitoring, and 24/7 access; onsite management and daily cleaning service provided.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lash Society USA Beauty Supply Store Palm View Personal ... Medical Clinic Joe Alisa Photography Photographer Dr. Zahid M. ... Family Practice Physician Jonathan Witz & Associates Event Planner

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Royal Oak
    County
    Oakland
    State
    Michigan
    Longitude
    -83.147236463981
    Latitude
    42.487228145854

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    FAQs

    What type of property is this?
    Office space - Historic Loft Offices, Downtown Royal Oak
    Where is this office space located?
    The property is located at 301 4Th St Royal Oak, MI.
    What is the lease rate?
    The lease rate is $15-$28 SF/Yr.
    What are key features of this property?
    This property features: Class B, 62,000 SF creative office building in Royal Oak, MI (48067).; 20 suites available, ranging from 200 SF to 6,000 SF contiguous; 700 SF currently available.; Located at 301 West Fourth Street, at the intersection of Fourth and Washington Streets in the Birmingham submarket.
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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
    301 4Th St Royal Oak, MI 48067
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