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117 W 4th St 15,000 SF 20% Leased Office Building Royal Oak, MI 48067 $6,979,600 CAD ($465.31 CAD/SF)
INVESTMENT HIGHLIGHTS
- Prime Location in Downtown Royal Oak, MI
- High-Quality Finishes and Fixtures
- Close Proximity to Dining and Amenities
- Accessible Elevator for Tenant Convenience
- Ample Area Parking for Employees and Clients
- Private Large Outside 3rd Floor Space is Part of Suite For Lease Shared A
EXECUTIVE SUMMARY
The seller will lease back the 2nd floor leaving the 3rd floor available.
The first floor is occupied with two retail tenants.
The first floor is occupied with two retail tenants.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Sale Leaseback
Property Type
Building Size
15,000 SF
Building Class
C
Year Built/Renovated
1922/2004
Price
$6,979,600 CAD
Price Per SF
$465.31 CAD
Percent Leased
20%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
5,000 SF
Building FAR
2.37
Lot Size
0.14 AC
Zoning
CBD - Central Business District
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Fl-Ste 100
- 2,014 SF
- Retail
- -
- Now
Private Large Outside 3rd Floor Space is Part of Suite For Lease
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 100 | 2,014 SF | Retail | - | Now |
| 3rd Floor | 5,000 SF | Office | Full Build-Out | Now |
1st Fl-Ste 100
| Size |
| 2,014 SF |
| Space Use |
| Retail |
| Condition |
| - |
| Available |
| Now |
3rd Floor
| Size |
| 5,000 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Floor
| Size | 5,000 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Private Large Outside 3rd Floor Space is Part of Suite For Lease
1 1
Walk Score®
Walker's Paradise (98)
Bike Score®
Very Bikeable (73)
PROPERTY TAXES
| Parcel Number | 25-21-239-002 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,612,370 CAD |
PROPERTY TAXES
Parcel Number
25-21-239-002
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,612,370 CAD
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117 W 4th St
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