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    909 Main St Royal Oak, MI 48067

    For Lease
    $35 SF/Yr ($3,250 /Mo)

    Prime Downtown Royal Oak Office, 1094 sq ft

    Lot size:
    1,094 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 1,094 square foot executive office building, located at 909 N Main St in Royal Oak, Michigan, presents a unique opportunity. Completely remodeled in 2020, this single-tenant property boasts a desirable location in the heart of downtown Royal Oak's Neighborhood Business Office/Retail zone (APN: 2516427036). The main floor features an open concept design, including a gas fireplace, two spacious rooms, a private office, and a full bathroom with a shower. A large covered front porch adds to the building's charm and provides a welcoming space for clients. The fully finished basement offers an additional 850 square feet of versatile space, complete with a kitchen/lunch area equipped with a refrigerator and dishwasher, a conference room, a private office, two bathrooms, and an open area suitable for cubicles. Upstairs, additional storage space is available. The property sits on a 0.18-acre lot and includes a private parking lot with approximately eight spaces. Built in 1910, this one-story building (15 stories is an error in the original data) offers a blend of historical character and modern updates, making it ideal for a variety of professional uses. All information is estimated and should be independently verified.

    Property Features for 909 Main St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,094 SF
    Total Rate
    3250.09

    Building Details

    Year Built/Renovated
    1910/2020
    Buildings
    1
    Stories
    15

    Unit(s) available at that property

    Space
    Available space
    Size
    1,094 SF
    Rate per SF
    $35

    HighLights

    • 56‑foot lot frontage.
    • 144‑foot lot depth.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rightpoint Computer Consultant Individual Health Insurance Insurance Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Royal Oak
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1449861
    Latitude
    42.4969414

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Downtown Royal Oak Office, 1094 sq ft
    Where is this office property / space located?
    The property is located at 909 Main St Royal Oak, MI.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: 56-foot lot frontage.; 144-foot lot depth.;
    Request Owner's contact information
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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
    909 Main St Royal Oak, MI 48067
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