520 11 Mile Rd, Royal Oak, MI

Name: 520 11 Mile Rd, For Sale in Royal Oak - Zoocasa
Brand: EXP Realty Birmingham
SKU: 20261008692
Price: 499000 USD

House

For Sale

Listed price in listed location currency (USD).

$499,000

000

MLS® 20261008692

Overview

Key Facts

Type

Levels Commercial Sale

Size 1954 sqft

Garage

Taxes $10,703

Days Active 89

Lot Size

Approx. Age 1961

Avg. Price Per Sqft $255

MLS® Number 20261008692

Property Address: 520 11 Mile Rd, Royal Oak, MI, 48067-2741

Average square foot calculated using Size range provided by listing agent.

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

MLS® Number20261008692

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1961

Basement

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Feb 18, 2026List Date

$499,000List Price

Jan 26, 2024End Date

$449,000Sold Price

Sold

Jul 25, 2024List Date

$449,000List Price

Apr 15, 2024End Date

$1,500Sold Price

Leased

Jul 31, 2024List Date

$1,500List Price

Map

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