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431-433 N Main St
Royal Oak, MI 48067

Retail Property For Sale

Investment Highlights

  • 5,780 +/- SF w First Floor Commercial and 4 Apartments on the 2nd Floor.
  • Rare Opportunity in Prime Location.
  • 100% Leased, Stabilized investment.

Executive Summary

Mixed Use Investment Opportunity/ Downtown Royal Oak. Prime Location on N. Main St, in the heart of Royal Oak’s Commercial District.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,780 SF
Building Class
C
Year Built
1919
Price
£1,057,455
Price Per SF
£183
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
1.33
Lot Size
0.10 AC
Zoning
BI
Parking
3 Spaces (0.52 Spaces per 1,000 SF Leased)
Frontage
39 ft on Main St

Amenities

  • Bus Route
  • Signage

PROPERTY TAXES

Parcel Number 25-16-483-022 Improvements Assessment £0
Land Assessment £0 Total Assessment £193,052

PROPERTY TAXES

Parcel Number
25-16-483-022
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£193,052
 

  • Listing ID: 33445135

  • Date on Market: 08/10/2024

  • Last Updated:

  • Address: 431-433 N Main St, Royal Oak, MI 48067

The Retail Property at 431-433 N Main St, Royal Oak, MI 48067 is currently available for sale. Contact Friedman Real Estate for more information.

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