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Investment Highlights

  • Convenient street and municipal parking options; permit parking nearby.
  • Open-office layout with glass storefront and extensive interior glass partitions.
  • Furniture can remain for turnkey occupancy or be removed as needed.
  • Fully renovated and upgraded space in a highly walkable Royal Oak location.
  • Includes kitchen, conference room, and open collaborative zones.

Executive Summary

The subject property is 19,593 SF corporate office building on three floors and is located near the popular CenterPointe Mall LifeStyle
Center which is the strongest retail corridor at the intersection of the East Beltline and 28 St SE. The 1980’s brick architecture has a stately
profile on Lake Eastbrook with beautiful water views along with updated roof, mechanicals, elevator and parking lot. The building was
remodeled with new paint and modern carpet between 2019- 2023 which creates an inspiring workspace filled with natural light from the
newly replaced windows in 2022. This building has served at the corporate headquarters for many years and has a
nice mix of private offices, conference rooms, open space and large break room/kitchenette. The additional lot adds room to expand the
building or extra parking. The building could be easily split into a multi-tenant office building as there is a common corridor on the north
end of each floor near the elevator and restrooms. This provides flexibility for a new Owner occupant to grow into the building over time.
The additional parking lot allows a for a higher density of the employees to work in the building as well.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Office
Building Size
19,593 SF
Building Class
B
LoopNet Rating
4 Star
Year Built/Renovated
1981/2022
Price
$2,720,502 CAD
Price Per SF
$138.85 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
6,531 SF
Slab To Slab
11’9”
Building FAR
0.35
Lot Size
1.29 AC
Zoning
SD-NOS - Special District Neighborhood Office Service
Parking
15 Spaces (1.11 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Waterfront
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 41-18-11-401-026
  • 41-18-11-401-020
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,049,336 CAD
  • Listing ID: 40214410

  • Date on Market: 2026-04-20

  • Last Updated:

  • Address: 2449 Camelot Ct SE, Grand Rapids, MI 49546

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