1612 E 11 MILE Road Royal Oak, MI ^$ 170,000

1612 E 11 MILE Road

^$ 170,000

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1612 E 11 MILE Road

Royal Oak, MI, 48067

^$ 170,000

Studio Baths0.0 Sq 2,000

Monthly Estimate*

^$ 1,188

1612 E 11 MILE Road, Royal Oak, MI 48067 - Image 1

Studio

Commercial Property for sale in Royal Oak, MI

for $170,000. This 2,000 square foot building was built on a lot size of 0.39.

Tubby's restaurant Franchise location with a good track record for over 30 years. Free standing building with a paved parking lot. Surrounded by residential homes, commercial property, business offices and downtown Royal Oak. Please do not approach employees regarding the sale. Showings by appointment only.

Commercial Active

Price

^$ 170,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 6,243

Style

Commercial/Industrial

Lot Size

0.39

Town/City

Royal Oak

County/Region

Oakland

MLS | Web ID

60298090

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Active

Year Built 19

Subdivision WEYRICK & WILSON SUB MI

County Oakland

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Royal Oak

Zoning Commercial

Area Royal Oak (63251)

Primary City Royal Oak

Directions Woodward Avenue to 11 Mile Road East to subject on south side of Ease 11 mile Road

City Royal Oak

Street Name 11 MILE

Financial Terms Cash Conventional

Legal Description T1N R11E SEC 22 WEYRICK AND WILSON SUB LOTS 14 15 & 16

DOM 20

Postal Code 48067

Price Per Sq Ft 85

Coming Soon Tubby's restaurant Franchise location with a good track record for over 30 years. Free standing building with a paved parking lot. Surrounded by residential homes commercial property

Exterior

Exterior Block Brick

Frontage 135

Lot Size Area 0.39

Lot Dimensions 135 x 133

Roads Class A

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Joseph Nahra

Listing Agent

Joseph A. Nahra

Broker

joenahra@att.net

Affordability Calculator

$1,708

Per Month

Monthly Principal & Interest: $1,188
Monthly Property Taxes: $520
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Royal Oak, MI

Average List Price ^$253,547

Percent of Sale Price 49%

About Royal Oak, MI

58,569 Population

-2% Since 2002

^$69,342 Median Income

40.15 Median Age

17% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/4/2024	$170,000		Listed Price

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1612 E 11 MILE Road, Royal Oak, MI, 48067 is a Commercial Property for sale at $170,000 with 2,000 sqft and a lot size of 0.39. 1612 E 11 MILE Road is a studio with 0.0 baths. The property's zip code is 48067 which is in Royal Oak, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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1612 E 11 MILE Road

Commercial Property for sale in Royal Oak, MI

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