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Corner Commercial Land Parcel
For Sale
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Pending

1005 N Main St, Royal Oak, MI 48067

Neighborhood Business zoning and water and sewer service at the street support a range of commercial redevelopment possibilities.

Property SizeContact for details
Days on Market143

Property Features for 1005 N Main St

General Information

Standard status Pending
Property subtype Mixed Use
Listing Agency: Max Broock REALTORS
Listed By: Paul Meldrum · License #MI
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 31 at 6:05PM

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 Max Broock REALTORS

Investment Insights

Based on property information with market context.

This 0.41-acre commercial land parcel is positioned at the corner of Main Street and Catalpa in Royal Oak. The site includes an existing 1,500-square-foot auto shop, while the property’s primary value is identified with the land. Neighborhood Business zoning is in place, and the site is permitted to accommodate building heights up to 36 feet.

The parcel provides 173 feet of road frontage at a high-volume intersection just south of where Crooks and Rochester Roads merge onto Main Street. Water and sewer are available at the street. Underground storage tanks associated with the prior use have been removed.

Key Highlights

  • 0.41‑acre commercial land parcel at Main Street and Catalpa
  • 173 feet of road frontage at a high‑volume corner
  • Neighborhood Business zoning

Property Analytics

Current Use

Commercial land

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.

Location Intelligence

Trade Area within ½ mile

972
Businesses Nearby
66k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 46% Groceries 25% Shops & Services 21% Hotels & Casinos 6%
National Coney Island Dining
21,012 visits/mo 0.5 miles
Hollywood Market Groceries
16,247 visits/mo 0.2 miles
Burger King Dining
8,438 visits/mo 0.4 miles
Speedway Shops & Services
8,070 visits/mo 0.4 miles
Genisys Credit Union Shops & Services
5,709 visits/mo 0.3 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
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Frequently Asked Questions

What type of property is this?
Commercial land - Neighborhood Business zoning and water and sewer service at the street support a range of commercial redevelopment possibilities.
Where is this commercial land located?
The property is located at 1005 N Main St Royal Oak, MI.
What are key features of this property?
This property features: 0.41‑acre commercial land parcel at Main Street and Catalpa; 173 feet of road frontage at a high‑volume corner; Neighborhood Business zoning
More about this property
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