520 E 11 Mile Road Royal Oak, MI $ 530,000
520 E 11 Mile Road
$ 530,000
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520 E 11 Mile Road

Royal Oak, MI, 48067
$ 530,000
Bedrooms-- Baths-- Sq 1,954

Monthly Estimate*

$ 3,263

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Commercial Property for sale in Royal Oak, MI

for $530,000. This 1,954 square foot building was built in 1961 on a lot size of 0.18.

Prime Royal Oak location on E 11 Mile within walking distance to Downtown Royal Oak and the Royal Oak Farmers Market. Property features two separate buildings on one parcel with approximately 10 private parking spaces in the rear, offering exceptional flexibility for owner-user or investment opportunity. The rear building has a residential-style layout and is currently being prepared for short-term rental abnb use. Property is commercially zoned (buyer to verify all permitted uses with the City of Royal Oak). This setup allows potential use of one building for business operations while utilizing the other for additional income or complementary use. The front building includes updated office space with granite counter, bathroom, newer rubber roof (2022), and boiler (2023). Could be used as a coffee shop with possible drive thru window service on east side of building. Buildings may be separately leased or combined for a single operation. Excellent visibility, walkability, and versatile layout in a highly desirable Royal Oak corridor.

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Commercial Active

Price

$ 530,000

Property Type

Commercial

Taxes

$ 10,703

Style

RealEstateOnly

Lot Size

0.18

Year Built

1961

Town/City

Royal Oak

County/Region

Oakland

MLS | Web ID

20261008692

Features
General
Sewer PublicSewer
Possession AtClose
Garage Spaces 0.0
Construction Materials Brick MetalSiding
Year Built 1961
Property Subtype RealEstateOnly
Current Use Commercial
County Oakland
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name CENTRAL PARK
Garage Y/N N
Status Active
Directions PROPERTY IS LOCATED ON THE S SIDE OF 11 MILE EAST OF MAIN STREET. PARKING LOT IS BEHIND THE BUILDINGS. DRIVEWAY JUSY EAST OF BUILDINGS.
City RoyalOakCharterTownship_Oakland
Senior Community Y/N N
High School District RoyalOak
Zoning Description Commercial
MLS Area Area02251RoyalOak
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 10703.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 209480
Expected Active Date 2026-02-17
Legal Description T1N R11E SEC 22 CENTRAL PARK SUB LOT 6
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Exterior
Water Source Other
Foundation Details Basement Block
Spa N
Building Area Total 1954.0
Lot Dimensions 52X150
Lot Size Acres 0.18
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 1954.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 520
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* Excluded Features
List By
Paul Mychalowych

Listing Agent

Exp Realty Birmingham

Broker

(248) 935-2754

Phone

Affordability Calculator

$4,155
Per Month
79%
21%
0%
Monthly Principal & Interest
$3,263
Monthly Property Taxes
$892
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4909464 Elementary School
4909769 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/18/2026$530,000 Listed Price

Map


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520 E 11 Mile Road, Royal Oak, MI, 48067 is a Commercial Property for sale at $530,000 with 1,954 sqft and a lot size of 0.18. 520 E 11 Mile Road was built in 1961. The property's zip code is 48067 which is in Royal Oak, MI