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    Property profile & analytics
    OFF-MARKET
    Office Spaces

    1103 Washington Ave, Royal Oak, MI 48067-3219

    1,744 SF 0.19 ac lot Built 1913
    Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US43-0828580
    Property summary
    AI-generated overview

    This exceptional 1,744 square foot commercial lot, located at 1103 S Washington Avenue in Royal Oak, Michigan, presents a unique investment opportunity. Situated in the heart of downtown Royal Oak, this property boasts a highly visible location east of Woodward Avenue and north of I-696, surrounded by new developments. Currently configured as office space, the property offers remarkable flexibility for conversion into a mixed-use development, catering to a variety of commercial ventures. The property includes a spacious parking lot at the rear, a significant advantage in this bustling area. The asking price is $549,900. The property is zoned for commercial use and is located in Oakland County, Michigan, zip code 48067. This prime location offers excellent visibility and accessibility, making it an ideal investment for those seeking a versatile property in a thriving downtown setting. The property's size and location make it suitable for a range of commercial uses, providing significant potential for future growth and return on investment. This is a rare opportunity to acquire a substantial commercial lot in a highly desirable area of Royal Oak.

    Property profile
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    Year built 1913
    Total area 1,744 SF
    Lot 0.19 ac (8,276 SF)
    Zoning code MIX USE 2
    APN 72-25-21-433-001
    UPID US43-0828580
    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
    • JULIA MARY Spiritual Center
    • Hanna D Clampitt LLP Family Counselor
    • Center For Natural Healing Physician Alternative Medicine Practice
    • Glover-Preece Janette Counselor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Anne Lise Grosmougin · 1 yrs held
    Anne Lise Grosmougin
    since 2025
    Last sale
    $475,000
    6 recorded transactions
    2025
    $475,000
    2022
    $275,000
    2020
    2011
    $100,000
    2004
    1969
    Zoning & alternative use
    MIX USE 2 · Royal Oak, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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