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414 S Lafayette Ave

Downtown Royal Oak, Royal Oak, MI
Floors
1
Total Size
9,163 sqft
Zoning
CBD
Year Constructed
0
Year Renovated
0
Building Class
Class B

About 414 S Lafayette Ave

zoned Central Business District

Zoning allows for multiple mixed uses and high density

Can be developed multiple stories high

Located just south of 4th street

Next to large newer parking deck

Heart of downtown area

High profile businesses, restaurants & entertainment venues adjacent

Currently Kinsey ~ Garrett Funeral Home

.45 Acre site on a corner location

153 feet of frontage on Lafayette

Current building is approx. 9,163 sq. ft. plus a small basement - Area description: Located just south of 4th street

Next to large newer parking deck

Heart of downtown area

High profile businesses, restaurants & entertainment venues adjacent - Number of buildings: 1 - Class of space: Class B

Internet Providers for 414 S Lafayette Ave

Provider Technology Max Download Speed Max Upload Speed
Comcast Cable
1 Gb/s
25 Mb/s
WOW! Internet, Cable and Phone Cable
100 Mb/s
6 Mb/s
AT&T Michigan DSL
25 Mb/s
3 Mb/s
Iserv DSL
10 Mb/s
768 kbps
MegaPath Corporation DSL
10 Mb/s
1.5 Mb/s
Cavalier Telephone DSL
10 Mb/s
1.5 Mb/s

The Neighborhood: Downtown Royal Oak

On average, listings lease in the $30's per square foot per year. The Downtown Royal Oak region is seeing a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 14% decline in rent.

Compared to the rest of the Metro Detroit market, the Downtown Royal Oak submarket has higher rates, and you'll need to make a great offer to be in this hot region.

Median Rate Median Size
Downtown Royal Oak $33
/sqft/yr
10,000
sqft
Median Rate Median Size
Metro Detroit $21
/sqft/yr
2,500
sqft

Median Rate over Time in Downtown Royal Oak