403 Center St Royal Oak, MI 48067
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.