RENTED JAN 1, 2026

Estimated Value: $982,485

Studio
-- Bath
617 Sq Ft
$1,592/Sq Ft Est. Value

About This Home

As of January 2026

RENOVATED COMMERCIAL SPACE LESS THAN ONE MILE FROM DOWNTOWN ROYAL OAK. BRIGHT UNIT WITH SOUTHERN EXPOSURE THAT'S PERFECT SPACE FOR A LARGE VARIETY OF BUSINESS USES. UNIT FEATURES LARGE STOREFRONT WINDOWS, AIR CONDITIONING AND EXPOSED CONCRETE FLOORS. WIDE OPEN FLOOR PLAN WITH KITCHEN AREA. PROPERTY IS ZONED NEIGHBORHOOD BUSINESS. GAS & ELECTRIC INDIVIDUALLY METERED. $25 A MONTH FOR WATER.

Last Agent to Rent the Property

Robert Coburn

RE/MAX First License #6501265468 Listed on: 10/08/2025

RE/MAX First

Last Renter's Agent

Unidentified Agent

Unidentified Office

Property Details

Property Type

  • Other

Year Built

  • Built in 1953

Lot Details

  • 30,492 Sq Ft Lot
  • Lot Dimensions are 102.57x100
  • Zoning described as Commercial

Home Design

  • 617 Sq Ft Home
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete

Listing and Financial Details

  • Security Deposit $900
  • 12 Month Lease Term
  • Assessor Parcel Number 2515103054

Property Details

Property Type

Other

Year Built

Built in 1953

Lot Details

0.7 Acres

Rental Info

  • Rent Includes: SnowRemoval
  • Security Deposit: 900.00

Listing Details

  • Property Type: CommercialLease
  • Year Built: 1953
  • Current Use: Other
  • Property Sub Type: RealEstateOnly
  • LotSizeAcres: 0.70
  • Co List Office Mls Id: 390021
  • Above Grade Finished Sq Ft: 617.00
  • Living Area: 617.00
  • ClassName: CommercialLease
  • LeaseTermsAvailable: Months12
  • ThirdPartyApprovalRequiredYN: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: No

Exterior Features

  • Waterfront: No
  • Foundation Details: Poured, Slab
  • Construction Materials: Brick
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: No

Utilities

  • Sewer: PublicSewer
  • Water Source: Public

Schools

  • Junior High Dist: RoyalOak

Lot Info

  • Lot Dimensions: 102.57x100
  • Parcel Number: 2515103054
  • Land Lease Expiration Date: 2026-01-08
  • Zoning Description: Commercial

Multi Family

  • Gross Scheduled Income: 10800.00
  • Above Grade Finished Area Units: SquareFeet

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2015
Sold by
Bought by
Current Estimated Value
$982,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
0.0368%

Purchase Details

Closed on
Aug 25, 2008
Sold by
Bought by

Purchase Details

Closed on
Apr 1, 2005
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$525,000 None Available
$475,000 Fat
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $420,000
Previous Owner $450,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/01/2026 01/01/26 Rented $900 0.0% --
11/18/2025 11/18/25 Under Contract -- -- --
10/08/2025 10/08/25 For Rent $900 -- --
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,527 $391,970 $0 $0
2024 $13,157 $373,840 $0 $0
2022 $14,349 $331,180 $0 $0
2020 $13,536 $294,480 $0 $0
2018 $14,349 $263,520 $0 $0
2017 $13,028 $263,520 $0 $0
2015 -- $225,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20251043908

Realcomp

APN: 25-15-103-054

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