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    117 4Th St Royal Oak, MI 48067

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    Modern Office, Retail, 15,000 SF

    Property size:
    15,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A office space, located at 117 W 4th St in the heart of Downtown Royal Oak, Michigan, presents a unique opportunity for sale or lease. Boasting 15,000 square feet, this multi-tenant property currently enjoys 67% occupancy and offers a blend of modern office, retail, and storefront options. The building features a prime location with high visibility on W 4th St, providing excellent exposure for any business. The space itself is bright and spacious, with abundant natural light and high-quality finishes and fixtures. Tenants benefit from convenient elevator access, ample parking for employees and clients, and close proximity to a variety of dining and amenities. A significant advantage is the inclusion of a large private outdoor space on the 3rd floor, integrated with the leasable suite. Shared amenities include three well-equipped conference rooms and a comfortable reception area, perfect for client meetings. This NNN lease property is situated in Oakland County, MI, zip code 48067. The property's modern design and desirable location make it an ideal choice for businesses seeking a thriving and accessible environment. The 3rd floor modern and professional office space is particularly noteworthy for its combination of functionality and aesthetic appeal. This is a rare opportunity to secure a prominent presence in the vibrant Downtown Royal Oak area.

    Property Features for 117 4Th St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    15,000 SF
    Class
    A

    HighLights

    • Downtown Royal Oak, MI prime location.
    • Modern, 3rd‑floor office suite available for lease.
    • High‑visibility W 4th St. frontage.
    • Spacious layout with abundant natural light.
    • Convenient elevator access.
    • High‑end finishes and fixtures.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Hastings Injury Law ... Personal Injury Attorney Young Insurance Law Law Firm The McManus Firm Legal Services Pitt, McGehee, Palmer, ... Legal Services Curewell IV HAUS Spa

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery 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
    -83.145043438163
    Latitude
    42.487229500728

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    FAQs

    What type of property is this?
    Office Property / Space - Modern Office, Retail, 15,000 SF
    Where is this office property / space located?
    The property is located at 117 4Th St Royal Oak, MI.
    What are key features of this property?
    This property features: Downtown Royal Oak, MI prime location.; Modern, 3rd-floor office suite available for lease.; High-visibility W 4th St. frontage.
    Request Owner's contact information
    117 4Th St Royal Oak, MI 48067
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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
    117 4Th St Royal Oak, MI 48067
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