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520 E 11 Mile Road, Royal Oak city, Michigan

$499,000

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1,954

Square feet

0.18

Acres

About 520 E 11 Mile Road

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

Features of 520 E 11 Mile Road

MLS® # 20261008692
Price $499,000
Bathrooms 0.00
Square Footage 1,954
Acres 0.18
Year Built 1961
Type Commercial
Status Active

Community Information

Address 520 E 11 Mile Road
Area 02251 - Royal Oak
Subdivision CENTRAL PARK
City Royal Oak city
County Oakland
State Michigan
Zip Code 48067

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No

Exterior

Construction Brick, Metal Siding
Foundation Basement, Block

School Information

District Royal Oak

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeEXP Realty Birmingham
Contact Infopaul.mychalowych@exprealty.com

Listing Map

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