0000 W 14 Mile Rd, Royal Oak, MI 48073

Property Description

Large buildable parcel on the corner of Leafdale and 14 Mile Rd. 145’ of frontage near downtown Royal Oak with many options. Zoned multi family. This parcel includes the home at 2503 14 mile and the vacant parcel next door for a total of .49 acres. Preliminary options would be for 2 - 6 unit apartment buildings, 2-4 unit condos/ apartments or townhome style, or whatever other ideas the creative builder may have in mind. As already stated this purchase price includes 2503 w 14, which is a clean updated 1563 sq ft multi family home that is always rented, current rents are low. This is bundled with the vacant lot next door for a total 145x150’. This is a great piece of property that does not come up for sale often near downtown RO. If you walk the property please stay on the vacant property side and do not disturb the tenants at 2503 W 14. Royal oak recently passed approval for Sheetz car wash and Gas station to build at 14 and Coolidge. See Detroit Free Press article in disclosures. Best use for this property is multi family and these parcels are already zoned to that. Agent will forward any pertinent questions to the seller for answers. Help to keep improving RO and put a solid investment to work for you !! Buyer to verify all information. Buyer responsible for demolition or removal of home and garage.