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801 W 11 MILE Road Royal Oak, MI 48067
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Key Details
Sold Price $725,000
Property Type Commercial
Sub Type Real Estate Only
Listing Status Sold
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $241
Subdivision Meadow Park Add
MLS Listing ID 2220032315
Sold Date 07/12/22
Originating Board Realcomp II Ltd
Year Built 1953
Annual Tax Amount $10,084
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 34 x 110 x 34 x 110
Property Description
8.9% CAP RATE, Highly visible location on a hard corner between Woodward and Main ST. 11 office units (could be 13) and 2 residential units, residential have their own electric and gas service and individual furnaces and AC. This building is a great location for your business with impressive offices sizes and window vista's, EASILY kept 100 occupied, minimal outside maintenance. 3 restrooms for Offices. Many updates though out, furnaces, AC, roofing and well maintained generally. 4 office units on 1st floor, 5 office units up. 2 office units, garden level.
Location
State MI
County Oakland
Area Royal Oak
Zoning Office
Direction Corner of W. 11 Mile and Maple St
Interior
Hot Water Electric, Natural Gas
Heat Source Natural Gas
Exterior
Pool No
Roof Type Asphalt,Built-Up
Road Frontage Paved
Building
Foundation Slab, Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Level or Stories 2 Story
Structure Type Aluminum,Brick
Schools
School District Royal Oak
Others
Tax ID 2521202006
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional
Rebuilt Year 2010
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with KW Domain
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