433 Washington Ave Royal Oak, MI 48067
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.
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emerald & pearl Clothing & Fashion Store
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Emin Photography Photography Service (Bike/Boat/Book/etc) Store
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
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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.