1123 E 11 Mile Road Royal Oak, MI $ 850,000
1123 E 11 Mile Road
$ 850,000
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1123 E 11 Mile Road

Royal Oak, MI, 48067
$ 850,000
Baths0.0 Sq 1,516

Monthly Estimate*

$ 5,649

1123 E 11 Mile Road, Royal Oak, MI 48067 - Image 1
Studio

Commercial Property for sale in Royal Oak, MI

for $850,000. This 1,516 square foot building was built in 1954 on a lot size of 0.26.

MOTIVATED SELLER! BRING OFFER! ONE OF THE BEST LOTS IN ROYAL OAK, HIGH TRAFFIC AREA ON E 11 MILE RD, NICE FRONTAGE WITH .26 ACRE. BUILDING WAS PREVIOUSLY USED AS AN AUTO REPAIR FACILITY WITH 2 OVERHEAD DOORS AND USED CARS DEALERSHIP. GREAT LOCATION & EXCELLENT INVESTMENT OPPORTUNITY! COMMERCIAL / INDUSTRIAL BUILDING SUITED FOR MANY USES.

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Commercial Active

Price

$ 850,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,082

Style

Lot Size

0.26

Year Built

1954

Town/City

Royal Oak

County/Region

Oakland

MLS | Web ID

20230060283

Features
General
Sewer Public Sewer (Sewer-Sanitary)
Possession At Close
Zoning Commercial Multiple
Year Built 1954
Business Type Service
Property Type Commercial
Subdivision Name TOWAR PARK SUB
Transaction Type Sale
Status Active
Short Sale No
Construction Materials Block/Concrete/Masonry Brick
Cumulative Days on Market 304
MLS Area Royal Oak
Directions NORTH OF 11 MILE RD.WEST OF CAMPBELL
City Royal Oak
Terms Offered Cash Conventional
School District Royal Oak
Land Contract 0
Ownership Status Short Sale - No Private Owned
Street Name 11 MILE
Assessment 471.00
Total Sq Ft 1516
DOM 304
Taxes 7082.0000
Legal Description T1N R11E SEC 15 TOWAR PARK SUB LOTS 150 & 151
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Exterior
Waterfront 0
Lot Size Area 0.26
Water Source Public (Municipal)
Foundation Slab
Lot Size Dimensions 86.00 x 135.00
Roof Material Rubber
Architecture Level 1 Story
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Interior
Street Suffix Road
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Niran M Hannosh

Listing Agent

365 Realty

Broker

(248) 877-5607

Phone

Affordability Calculator

$6,240
Per Month
91%
9%
0%
Monthly Principal & Interest
$5,649
Monthly Property Taxes
$590
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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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THE TIME TO SELL IS NOW!
Nearby
848261 Elementary School
848790 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/10/2023$850,000 -15.00% Price Down
9/14/2023$1,000,000 -9.09% Price Down
7/22/2023$1,100,000 Listed Price

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1123 E 11 Mile Road, Royal Oak, MI, 48067 is a Commercial Property for sale at $850,000 with 1,516 sqft and a lot size of 0.26. 1123 E 11 Mile Road is a studio with 0.0 baths and was built in 1954. The property's zip code is 48067 which is in Royal Oak, MI