Ground-Floor Retail
1148 S Washington Avenue, Royal Oak, MI 48067
For Lease
New
Contact for pricing
A newly built residential property places this storefront beneath 77 apartments and alongside established local businesses.
Space Size740 SF
Days on Market6
Property Features for 1148 S Washington Avenue
General Information
Standard status
Size
Property subtype
Space & Availability
Floor
Space Use
Site & Location
Anchor Co-Tenants
Highway Access
Building Details
Tenancy
Spaces For Lease
at 1148 S Washington Avenue
#1
Active
Size
740 SF
Listing Agency:
Mid-America Real Estate - Michigan, Inc.
Listed By:
Brad Rosenberg · License MI #6501204147
Source:
Crexi
Added: Nov 6
Changed: Nov 10
Last Checked: Nov 10 at 2:19PM
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 Mid-America Real Estate - Michigan, Inc.
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Investment Insights
Based on property information with market context.
This ground-floor retail space is part of a newly constructed apartment building with 77 residential units above it. The offering is described as a small retail space, with Allstate, Haus of Wellness, and Happy Girl Wine Co. also located in the building.
At 1148 S. Washington Avenue in Royal Oak, the property is a few blocks from downtown Royal Oak and Oakland Community College. Woodward Avenue and I-696 are accessible nearby, with I-696 south of the property.
At 1148 S. Washington Avenue in Royal Oak, the property is a few blocks from downtown Royal Oak and Oakland Community College. Woodward Avenue and I-696 are accessible nearby, with I-696 south of the property.
Key Highlights
- Ground‑floor retail space in a newly constructed apartment building
- 77 residential units located above the retail space
- At 1148 S. Washington Avenue in Royal Oak
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
630
Businesses Nearby
71k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 43%
Shops & Services 32%
Groceries 23%
Beauty & Spa 2%
National Coney Island
Dining
21,012 visits/mo
0.4 miles
Hollywood Market
Groceries
16,247 visits/mo
0.4 miles
Burger King
Dining
8,438 visits/mo
0.3 miles
Speedway
Shops & Services
8,070 visits/mo
0.4 miles
Sunoco
Shops & Services
7,350 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for Royal Oak, MI
$23.76 /SF/Yr
Avg Asking Price
$5–$31 /SF/Yr
Price Range
4,333 SF
Avg Space Size
Average Price Trend$/SF/Yr for Retail space in Royal Oak, MI
Properties on Market for Retail space in Royal Oak
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - A newly built residential property places this storefront beneath 77 apartments and alongside established local businesses.
Where is this retail space located?
The property is located at 1148 S Washington Avenue Royal Oak, MI.
What are key features of this property?
This property features: Ground‑floor retail space in a newly constructed apartment building; 77 residential units located above the retail space; At 1148 S. Washington Avenue in Royal Oak
