1123 11 Mile RdRoyal Oak, MI 48067

For Sale
$850,000

Prime Location, Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
92
This 1,516 sq ft Class A mixed-use building in Royal Oak, MI, is situated on a 0.26-acre lot with excellent frontage on E. Eleven Mile Rd. Previously an auto repair facility, it features two overhead doors and is ideally suited for various uses, including auto repair, restaurant, office, or retail, per permitted zoning. The vacant single-story building presents a compelling owner-user investment opportunity at $850,000 ($560.69/sq ft). Its high-traffic location and ample space make it an excellent choice for entrepreneurs seeking a well-positioned commercial property. The property's history as a successful auto repair shop and used car dealership speaks to its potential for continued success in a variety of commercial ventures. The substantial lot size offers additional flexibility and potential for expansion. This is a rare opportunity to acquire a well-located commercial property in a thriving area.

Highlights

  • Excellent location on E 11 Mile Rd.
  • High-traffic area with strong visibility.
  • 0.26-acre lot with prominent frontage.
  • Building features two overhead doors, previously used as an auto repair shop and used car dealership.
  • Versatile commercial/industrial building suitable for various uses.
  • Exceptional investment opportunity.

Property Details for 1123 11 Mile Rd

Property type
Other mixed-use properties, Mixed-use properties
Square Feet
1,516 SF
Class
A
Buildings
1
Stories
1
Lot Size (sq. ft)
11,326 SF

Location Insight

City
Royal Oak
County
Oakland
State
Michigan
Latitude
42.490532777693
Longitude
-83.13061403245
1123 11 Mile Rd, Royal Oak, Michigan
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1123 11 Mile Rd
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