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Multi-Tenant Corner Retail Building
For Sale
$2,000,000

1000-1010 N Main Street, Royal Oak, MI 48067

Multi-tenant retail building situated on the southeast corner of Main Street and Catalpa.

Property Size18,452 SF
Days on Market22

Property Features for 1000-1010 N Main Street

General Information

Standard status Active
Size 18,452 SF
Property subtype Retail - Street Retail

Building Details

Building Size 18,452 SF
Year Built 1920
Tenancy Multi
Listing Agency: L. Mason Capitani CORFAC International
Listed By: Aaron R. Smith · License #6501377543
Source: Commercialcafe
Added: Jul 26 Changed: Aug 15 Last Checked: Aug 15 at 8:04PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of L. Mason Capitani CORFAC International

Investment Insights

Based on property information with market context.

This multi-tenant retail building is positioned on the southeast corner of Catalpa and Main Street and is set up for an owner-user or investor with tenancy already in place. The offering includes storefront retail space within a retail-focused structure designed for multiple occupants.

Located in the heart of Royal Oak, the property benefits from a prominent corner position. Public remarks note it as an excellent owner-user opportunity and also highlight the possibility of redevelopment.

The building’s retail configuration and corner site make it well suited for businesses seeking storefront presence in a central district.

Key Highlights

  • Multi‑tenant retail building on the southeast corner of Main Street and Catalpa
  • Year built: 1920
  • Located in the heart of Royal Oak

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Furniture & Home Goods Grocery & Convenience Store (Bike/Boat/Book/etc) Store Daycare Center Garden Center Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,574
Businesses Nearby
89k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 42% Shops & Services 31% Groceries 18% Home Improvements & Furnishings 5%
McDonald's Dining
23,754 visits/mo 0.2 miles
Hollywood Market Groceries
16,247 visits/mo 0.3 miles
Shell Shops & Services
8,366 visits/mo 0.1 miles
Chipotle Mexican Grill Dining
7,536 visits/mo 0.1 miles
Citizens Bank Shops & Services
6,596 visits/mo 0.1 miles

Demographics for 48067, MI

24,589
Population
13,714
Households
1.8
Avg Household Size
36
Median Age
67%
College-Educated
96%
High-School Grad
4.6 sq mi
ZIP Area
5,345
Density / Sq Mi
$107,355
Median Household Income
$76,700
Median Earnings
$1,435
Median Rent
$309,200
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Thrifty Florist 26989 Woodward Ave, Huntington Woods, MI 48070
  • Thrifty flowers royal oak, mi 48067
  • J Costello Designs 1116 Catalpa Dr, Royal Oak, MI 48067
  • Perennial Accents 1322 catalpa dr, royal oak, mi 48067

Frequently Asked Questions

What type of property is this?
Storefront property - Multi-tenant retail building situated on the southeast corner of Main Street and Catalpa.
Where is this storefront property located?
The property is located at 1000-1010 N Main Street Royal Oak, MI.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Multi‑tenant retail building on the southeast corner of Main Street and Catalpa; Year built: 1920; Located in the heart of Royal Oak
More about this property
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