117-123 Main St Royal Oak, MI 48067
This exceptional two-story, Class B commercial building, located at 117-123 S. Main St in Royal Oak, Michigan, offers a unique opportunity for businesses seeking executive office space. Built in 1925, the property boasts a total of 13,222 square feet, situated on a 0.62-acre lot in the heart of the Central Business District (CBD), zoned accordingly. The building features ample parking for tenants and offers multiple tenancy options, with spaces ranging from a minimum of 541 square feet to a maximum contiguous space of 3,150 square feet. Currently, 7,374 square feet of space is available for lease. The building's interior features impressive ceiling heights ranging from 14 to 15 feet, providing a spacious and modern feel. The property's address is 25-22-101-005 (APN) in Oakland County, Michigan, zip code 48067. This is an excellent opportunity to establish a presence in a thriving Royal Oak business district. The property's location offers easy access to major transportation routes and a variety of amenities. Inquire today to learn more about leasing options and secure your ideal office space.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.