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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

403 Center St Royal Oak, MI 48067

14,000 SF Built 2008
Property ID
Property summary
AI-generated overview

This exceptional two-story commercial property, located at 403 S Center St, Royal Oak, MI 48067, offers a unique blend of creative office and coworking spaces. The building, constructed in 2008 and extensively renovated in 2018, boasts a total of 14,000 square feet across four suites. Currently, 5,225 square feet are available for lease. The building features a desirable Class B designation and benefits from a 10% load factor. The address provides excellent visibility with Center Street frontage, and the interior features floor-to-ceiling windows, maximizing natural light. Tenants will appreciate the high ceilings, measuring 10 feet. The property is zoned MX and situated in the Birmingham submarket of Royal Oak, offering easy access to Fourth Street. This versatile space is ideal for businesses seeking a modern and functional workspace in a vibrant downtown location. Available spaces include 7,951 square feet and 2,450 square feet. The property's strategic location and modern amenities make it an attractive opportunity for a variety of businesses. Inquire today to learn more about leasing options.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2008
Total area 14,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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