1815 Main St, Royal Oak, MI 48073-4101
This exceptional 4,500 square foot medical office building, located at 1815 N Main St in Royal Oak, Michigan, presents a unique investment opportunity. The entire building is currently vacant, offering a blank canvas for a discerning buyer to customize to their specific needs. Situated in Oakland County, the property boasts a highly desirable B1 zoning classification, making it ideal for a variety of medical uses. The single-tenant occupancy allows for streamlined management and control. Ample parking is provided with 50 spaces available for patients and staff. The building's prime location in Royal Oak offers excellent visibility and accessibility, ensuring a strong patient base. The property is classified as both retail and office space, providing flexibility for potential uses. With its convenient location, ample parking, and versatile zoning, this property represents a compelling investment opportunity in a thriving Michigan community. The building's 4,500 square feet of space provides significant room for growth and expansion. The zip code is 48073. This is a for-sale property.
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Noonan Insurance Claim Adjuster Financial Advisor
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Public Insurance Claim Adjuster Royal Oak Financial Advisor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
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
NBHD BUS · Royal Oak, MIRoyal Oak. Always verify with local authorities before improvements.
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.