Compared to the rest of the Metro Detroit market, the Royal Oak region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 11 listings have come on the market, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 12,200 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are approximately 1 floors. Most buildings in this region were built in 1946 and are Class Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Royal Oak residents. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.