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    Royal Oak, MI Live-work Space for Sale

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    Madison Heights, MI Huntington Woods, MI Berkley, MI
    Renovated Live/Work Royal Oak Investment
    $1,030,000
    3,270 SF
    Renovated Live/Work Royal Oak Investment

    915 S Washington Ave, Royal Oak, MI

    Fully renovated live/work property in the heart of Royal Oak.
    • Fully Renovated & Expanded for modern living and functionality.
    • Rare Live/Work Investment offering unique residential and commercial potential.
    • Located in the Heart of Downtown Royal Oak, enjoy prime access and visibility.
    • 1st Floor Retail/Office with 2nd Floor 2 Bedroom Apt provides a versatile layout.
    • New Roof, Mechanicals, Windows, Parking Lot, and Fire Suppression offer peace of mind.
    Updated: Mar 13, 2025
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Royal Oak, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Tri-Unit Live-Work Property
    $749,900
    3,186 SF
    Tri-Unit Live-Work Property

    Tri-unit building zoned for commercial and multifamily use, offering a blended residential and income-oriented layout.

    695 Livernois Street, Ferndale, MI 48220

    View details
    Mixed-Use Property in Ferndale, MI
    $775,000
    Mixed-Use Property in Ferndale, MI

    Mixed-use property offering residential and commercial opportunities in Ferndale.

    695 Livernois St, Ferndale, MI 48220

    View details
    Detroit Commercial Building with Apartment
    $85,000
    2,038 SF
    Detroit Commercial Building with Apartment

    Commercial building with storefront and apartment for live/work or income.

    13419 Fenkell Street, Detroit, MI 48227

    View details
    Mixed-Use Building in Detroit
    $74,900
    0.09 Acres
    Mixed-Use Building in Detroit

    Two-unit building with commercial zoning and adjacent vacant lot.

    20331 Fenkell Street, Detroit, MI 48223

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Kalamazoo Land For Sale
    $55,000
    0.16 Acres
    Kalamazoo Land For Sale

    Land zoned Live Work 1 with downtown views.

    209 E North Street, Kalamazoo, MI 49007

    View details
    Grand Rapids Retail Opportunity
    $1,475,000
    7,316 SF
    Grand Rapids Retail Opportunity

    Retail property in growing Grand Rapids market with development potential.

    407 Turner Avenue NW, Grand Rapids, MI 49504

    View details
    Spacious Commercial Building on M-65
    $480,000
    5,500 SF
    Spacious Commercial Building on M-65

    Large commercial building with living space on heavily traveled M-65.

    4271 N M-65, Hale, MI 48739

    View details
    Land in Jackson Center, OH
    $59,900
    0.27 Acres
    Land in Jackson Center, OH

    Commercial land suitable for business with residential potential in Jackson Center.

    406 E Pike Street, Jackson Center, OH 45334

    View details

    Royal Oak, MI Live-Work Space Investment Opportunities Market Analysis

    Explore 1 live-work space for sale in Royal Oak, MI on our real estate platform. These investment opportunities span a total of 3,270 square feet of properties for sale, with an estimated market value of $1,030,000.

    Sale prices for live-work properties in Royal Oak, MI start at $1,030,000, averaging $1,030,000, and reaching up to $1,030,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 50
    Medical Office Space 14
    Office buildings 5
    Creative space 4
    Coworking space 2

    Demographics Overview

    Population 58K
    Population Growth (5Y) -2.0%
    Median Household Income $95,277
    College Educated 58.7%

    Taxes & Financing

    Tax Rate (average for all types) 3.87%
    Property Tax per SF $28.84 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Oakland County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Oakland County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Royal Oak fall within the 5,000 to 10,000 square foot range.

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