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400 S Main St 9,500 SF 5% Leased Retail Building Royal Oak, MI 48067 $2,200,000 ($231.58/SF)
INVESTMENT HIGHLIGHTS
- 9,000 SF Retail/Office Building – Flexible Layout Across 3 Floors
- Ideal for Owner-User or Investor – Flagship Presence or Leasing Opportunity
- Vibrant Urban Setting – In the Heart of Metro Detroit’s Fast-Growing Market
- Dual Entrances – Convenient Access from Main and 4th Streets
- Historic Architecture – Former Bank with Timeless Character
- Value-Add Potential – Adaptive Reuse for Office, Retail, or Hospitality
EXECUTIVE SUMMARY
Prime Downtown Royal Oak Location – High Visibility on Main & 4th Streets
9,000 SF Retail/Office Building – Flexible Layout Across 3 Floors
Dual Entrances – Convenient Access from Main and 4th Streets
Historic Architecture – Former Bank with Timeless Character
Zoning Flexibility – CBD Zoning Allows Mixed-Use Redevelopment
Ideal for Owner-User or Investor – Flagship Presence or Leasing Opportunity
Value-Add Potential – Adaptive Reuse for Office, Retail, or Hospitality High Walkability – Surrounded by Restaurants, Retail, and Entertainment Vibrant Urban Setting – In the Heart of Metro Detroit’s Fast-Growing Market
9,000 SF Retail/Office Building – Flexible Layout Across 3 Floors
Dual Entrances – Convenient Access from Main and 4th Streets
Historic Architecture – Former Bank with Timeless Character
Zoning Flexibility – CBD Zoning Allows Mixed-Use Redevelopment
Ideal for Owner-User or Investor – Flagship Presence or Leasing Opportunity
Value-Add Potential – Adaptive Reuse for Office, Retail, or Hospitality High Walkability – Surrounded by Restaurants, Retail, and Entertainment Vibrant Urban Setting – In the Heart of Metro Detroit’s Fast-Growing Market
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
9,500 SF
Building Class
B
Year Built/Renovated
1925/2007
Price
$2,200,000
Price Per SF
$231.58
Percent Leased
5%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.73
Lot Size
0.08 AC
Zoning
CBD - Central Business District
Frontage
Walk Score®
Walker's Paradise (98)
Bike Score®
Very Bikeable (73)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $998,550 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$998,550
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400 S Main St
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