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Jessica A Wilson

jannewilsonrealtor@gmail.com +1(313) 399-5605

$ 499,000

Est. payment | -/mo

1,954 SqFt

Save

$ 499,000

Est. payment | -/mo

Save

1,954 SqFt

Key Details

Property Type Commercial

Sub Type RealEstateOnly

Listing Status Active

Purchase Type For Sale

Square Footage 1,954 sqft

Price per Sqft $255

Subdivision Central Park

MLS Listing ID 20261008692

Year Built 1961

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type RealEstateOnly

Property Description

Rare opportunity to own TWO neighboring buildings in one of Royal Oak's most walkable and creatively energized corridors. Positioned directly within the city's active business district and surrounded by residential condo development, this unique property offers exceptional flexibility for entrepreneurs, creatives, investors, makers, boutique retail concepts, studios, wellness businesses, galleries, live/work visionaries, and small business owners seeking an alternative to overpriced downtown spaces. What makes this property truly special is the ability to operate your business from one building while generating income from the other — a rare and increasingly difficult-to-find setup in the Royal Oak market. The property naturally lends itself to a modern creative campus feel, with incredible potential for studio, showroom, workshop, office, event, or adaptive reuse concepts. The site features a massive private parking lot — an enormous advantage in a highly walkable urban environment where parking is often limited. Customers, clients, guests, and employees benefit from easy access while still enjoying the energy and convenience of a dense, pedestrian-friendly district surrounded by housing, local businesses, and continuous neighborhood growth. Perfect for a wide range of creative and service-based industries, including:Hair salons or independent stylist collectives, Yoga or wellness studios, Pilates or movement spaces, Boutique fitness concepts, Art studios and galleries, Ceramic or pottery studios, Tattoo studios,Photography or content creation studios,Floral or design studios,Creative agencies,Beauty, skincare, or holistic wellness concepts,Coffee, juice, or specialty retail concepts,Hybrid retail/workshop/event spaces
This property also benefits from valuable City of Royal Oak improvement incentives, including:Exterior improvement grants covering up to 50% of eligible facade upgrades (up to $10,000),Public art and mural grants covering up to $6,000 toward approved mural installations

Location

State MI

County Oakland

Area Area02251Royaloak

Interior

Fireplace No

Exterior

View Y/N No

Garage false

Building

Foundation Basement, Block

Sewer Public Sewer

Water Other

New Construction No

Schools

School District Royal Oak

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard

Listed by Paul Mychalowych of EXP Realty Birmingham

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(313) 399-5605

jannewilsonrealtor@gmail.com

6838 Park Ave, Allen Park, MI 48101-2036, USA

Learn More About LPT Realty

520 E 11 Mile RD Royal Oak Charter Township, MI 48067