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 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

Commercial/Industrial

Lot Size

0.18

Town/City

Royal Oak

County/Region

Oakland

MLS | Web ID

60970294

Features
General
Possession At Close
Water Other-See Remarks
Status Active Active
Year Built 19
Subdivision Central Park MI
County Oakland
Class COM/IND/BUS OPP
Type Commercial/Industrial
Ownership Private
Municipality Royal Oak
Zoning Commercial
Sale/Rent For Sale
Status Detail 0
Area Royal Oak (63251)
Primary City Royal Oak
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 Royal Oak
Financial Terms Cash Conventional
Legal Description T1N R11E SEC 22 CENTRAL PARK SUB LOT 6
DOM 12
Postal Code 48067
Price Per Sq Ft Total AG 271.24
Public Remarks
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Exterior
Exterior Brick
Frontage 52
Lot Size Area 0.18
Lot Dimensions 52X150
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Paul Mychalowych

Listing Agent

Exp Realty Birmingham

Broker

paul.mychalowych@exprealty.com

Email

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
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/18/2026$530,000 Listed Price

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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. The property's zip code is 48067 which is in Royal Oak, MI