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520 E 11 Mile Road, Royal Oak, MI 48067

$499,000
  • 520 E 11 Mile Road, Royal Oak, MI 48067 Main Photo

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Active
SQUARE FEET1,954 MLS#20261008692
STATUSActive PROPERTY TYPECommercial - Business SUBDIVISIONCentral Park SCHOOLRoyal Oak

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

520 E 11 Mile Road | MLS# 20261008692

This commercial property located at 520 E 11 Mile Road, Royal Oak, MI 48067 is currently listed for sale with an asking price of $499,000. E 11 Mile Road is located within the Royal Oak school district. Search Royal Oak real estate on www.ikeyrealty.com today.

Property Features

Property Type: Commercial - Business
Lot Size: 0.18 Acres
Year Built: 1961

Feature Descriptions

Days on Site: 103
Exterior: Brick, Metal Siding
Foundation: Basement
Frontage Feet: 52
Lot Dimensions: 0.18 Acre(s)
Road Frontage: Paved
Summer Tax: $10703.0000
Winter Tax: $0.0000

Local Schools

School District: Royal Oak

Listed By / Shown By

Listed By

Agency Name: EXP Realty Birmingham
Agency Phone: (248) 686-0024

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

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