Address
427 N Main Street Royal Oak, MI
Price
$ 675,000
Property Attributes
  • ID#2210020880
  • TypeCommercial
  • CountyOAKLAND
  • CityRoyal Oak
  • AreaRoyal Oak
  • NeighborhoodWILLSON PARK SUB
  • Zip48067
  • Style2 apartments on 2nd floor. warehouse space used fo
  • Year Built1992
  • Taxes9681
  • Price$ 675,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4704
  • Lot Size3,485 SqFt
Listing Provided Courtesy Of:
Signature Sotheby's International Realty Bham
Data Source:
REALCOMP II LTD.
Property Description

Commercial building with 2 apartments on 2nd floor in center of Downtown Royal Oak. Current use is as an upholstery shop by the same family for over 50 years. Building completely rebuilt in 1992 due to fire. Shop is open industrial type with 11' ceilings. Roof 10 yrs, HVAC 18 months, HWH 1 year. Enter foyer through N entry door into separate office. Large lav. at rear of shop is handicap access. 1 car/storage area at rear of main level with pull down security door. Add'l storage area for dumpster also has pull down door. Apartments are accessed through private door and stairway off Main St. Each apt has parking at rear entry & share full washer and dryer at bottom of rear stairwell. Apt Bedrooms each have skylight. Living rooms overlook Main St. Kitchens overlook Alley with parking. Use could be offices, exercise studio, event facility restaurant & more. Lots of metered parking on street. Change of business usage may require parking waiver from RO planning board. Call city for details.

Price History
3/29/2021 Listed $675,000

General Features

Business Type Office, Recreational, Retail, Service
Commercial Type Apartments, Commercial, Real Estate Only
Construction Materials Brick, Steel/Metal
Cumulative Days on Market 20
Current Use 2 apartments on 2nd floor. warehouse space used for business on main level
Gross Scheduled Income 0.00
Heating Central Air, Forced Air
Listing Agent Public Id 271741
Net Operating Income 0.00
Operating Expense 0.00
Originating MLS Realcomp II Ltd
Ownership Status Private Owned, Short Sale - No
Parcel Number 2516483023
Possession Negotiable
Property Type Commercial
School District Royal Oak
Sewer Sewer-Sanitary
Short Sale No
Status Active
Subdivision Name WILLSON PARK SUB
Terms Offered Cash, Conventional
Total Sq Ft 4704
Transaction Type Sale
Year Built 1992
Zoning Commercial, Multi-Family, Multiple, Office

Interior Features

Heating Fuel Natural Gas
Total Units 2
Unit Count 2

Exterior Features

Architecture Level 2 Story
Foundation Slab
Foundation Materials Poured
Frontage Feet 30
Lot Size Area 0.08
Lot Size Dimensions 30x110
Roof Material Rubber
Water Source Municipal Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via Silverstone Real Estate and The Originating MLS(found above), © 2021 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of April 19, 2021 2:10 PM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Zip Code Average in 48067

Price
AVG $540K
$680K
Taxes
AVG $7,534
$9,681
Visits
AVG 26
3
Year Built
AVG 1945
1992
Walkscore
AVG 75
88
Data Provided by Walkscore ® not using MLS data