1300 Batavia Avenue

Withdrawn Office for Sale
Catylist Listing ID: 30030396
Property Subtypes: Office Building
Building Size (RSF): 14,200 SF
Gross Building Area: See Agent
Sale Price: $1,850,000
Unit Price: $130.28 PSF
Property Use Type: Investment
Class of Space: Class C
Sale Terms: Other
Cap Rate: 10.21%
Withdrawn On: 11/1/2017
Last Updated: 11/1/2017

Overview / Comments

Modern mixed-use development within walking distance to downtown Royal Oak, consisting of approximately 9,600 sq. ft. of multi-tenant loft style office and two residential condos. Adjacent to new Harrison Loft apartment development. Two on-site parking lots. Office retrofit completed in 2012. Residential condos completed in 2016. (2) 8'x8' overhead doors available.

Financials

Finance Data Year 2016
Real Estate Taxes - Annual($) $13,898 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Royal Oak Vicinity
Tax ID/APN: 25-22-377-010
Zoning: MIXED-USE
Property Located Between: N. of I-696, E. of Woodward
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 14,200 SF
Year Renovated: 2016
Roof Type: Other
Exterior Description: Steel/Block
Parking Type: Surface
Parking Description: Ample Parking
Heat Type: Other
Heat Source: Other
Air Conditioning: Other

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 21,445 179,062 478,235
Median Age: 36.98 38.17 38.78
Households: 10,719 78,863 198,160

Contact

© Copyright Commercial Property Information Exchange (CPIX). All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.