Pending
417 E. FOURTH Street, Royal Oak, MI 48067
$425,000
MLS # 20251057452 (Realcomp)
Built 19540.16 acres
1 / 7
Listing Description
You only have one opportunity to make a great first impression, and that is what this very classy office renders. You will appreciate the great location in heart of downtown Royal Oak. 1220 square feet offering small-updated kitchen, half bath, freshly painted throughout, and new carpeting. This wonderful quaint office offers your very own 4 parking spaces and a lot of foot traffic. Surrounded by dinning, boutique shops, and highway transportation. OPEN TO THE RIGHT LEASE AT $2,800 PER MONTH.
Source: SparkMLS
About this home
Asking $425,000.
Annual property taxes run approximately $9,029 ($752/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeCommercial Sale
Bathrooms0
Lot Size0.16 acres
Year Built1954
Location
CityRoyal Oak
MunicipalityRoyal Oak City
Zip Code48067
CountyOakland
School DistrictRoyal Oak
Construction & Systems
ConstructionBrick
HeatingForced Air
Sale & Financing
Listed12/1/2025
Original Price$450,000
Source: SparkMLS
Tax Information
Annual Tax$2,889
State Equalized Value$163,280
Taxable Value$77,140
Parcel #2522156020
Source: Public Records
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Douglas Platonas
KW Metro
Frequently Asked Questions about 417 E. FOURTH Street, Royal Oak, MI 48067
Which school district serves 417 E. FOURTH Street, Royal Oak, MI 48067?
Per MLS# 20251057452, 417 E. FOURTH Street, Royal Oak, MI 48067 is in the Royal Oak boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Royal Oak directly to confirm enrollment eligibility.
What are the property taxes at 417 E. FOURTH Street, Royal Oak, MI 48067?
Per public tax records, annual property taxes for this property are $2,889. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 417 E. FOURTH Street, Royal Oak, MI 48067 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 417 E. FOURTH Street, Royal Oak, MI 48067 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 417 E. FOURTH Street, Royal Oak, MI 48067?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Oakland County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Map
Tax Estimate
$
Annual tax$9,029
Monthly$752
Millage rate55.2947 mills
Municipality: CITY OF ROYAL OAK
School district: FERNDALE CITY SCHOOL DIST
County: Oakland
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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Monthly payment$3,509
Principal & interest$2,757
Property taxes$752
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
417 E. FOURTH Street, Royal Oak, MI 48067
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Municipality
Royal Oak
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County
Oakland County
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