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Property profile & analytics
OFF-MARKET
Specialty properties

433 Washington Ave Royal Oak, MI 48067

850 SF
Property ID
Property summary
AI-generated overview

This 850-square-foot commercial space, located at 433 N Washington Ave in Royal Oak, Michigan (zip code 48067), is available for lease starting October 1st. Currently configured as a retail store, this adaptable space is well-suited for a variety of uses, including a salon, barber shop, coffee shop, insurance agency, or real estate office. The property boasts attractive features such as high ceilings and a full bathroom. Its convenient location near downtown Royal Oak offers excellent visibility and accessibility. Two dedicated spaces are located behind the building, providing additional storage or workspace. Ample free street parking is available for customers, enhancing the property's appeal. The property type is classified as Retail, Office, and Special Purpose, with a Traditional Office subtype. The tenancy is single occupancy. This is an exceptional opportunity for a small business seeking a well-maintained and conveniently located space in a thriving Michigan community.

Property profile
Verified
Property type Specialty properties
Total area 850 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
Current use
Occupant on record · Public records
  • emerald & pearl Clothing & Fashion Store
  • Emin Photography Photography Service (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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