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Property profile & analytics
OFF-MARKET
Bars & Pubs

917 Main St Royal Oak, MI 48067-1839

1,197 SF 0.13 ac lot Built 1951
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US43-1551587
Property summary
AI-generated overview

This exceptional commercial property at 917 N. Main Street in Royal Oak, Michigan, offers a unique opportunity for businesses seeking flexible and modern office space. The building, totaling 3,990 square feet, features a desirable mix of retail and office space, currently offering 1,774 square feet of immediately available space for lease. The space boasts a generous 12-foot ceiling height, providing a sense of spaciousness and versatility for various office configurations. The property is zoned for flexible use, allowing for a wide range of business applications. With multiple tenancies, this location offers a vibrant and collaborative environment. Conveniently located at 917 N. Main St, Royal Oak, MI 48067, the property includes six parking spaces for tenants and visitors. This prime Royal Oak location provides easy access to major roadways, local amenities, and a thriving business community. The available space is ideal for businesses seeking a prominent address and a functional, well-maintained office environment. Don't miss this chance to secure your business's future in this highly sought-after area. Inquire today to learn more about leasing this exceptional space.

Property profile
Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1951
Total area 1,197 SF
Lot 0.13 ac (5,750 SF)
Zoning code NBHD BUS
APN 72-25-16-427-034
UPID US43-1551587
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Crispellis Real Estate Holdings LLC · 4 yrs held
Crispellis Real Estate Holdings LLC
since 2022
5 recorded transactions
2022
Price N/A
2021
Price N/A
2005
Price N/A
1998
$210,000
1998
$150,000
Zoning & alternative use
NBHD BUS · Royal Oak, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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