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Downtown Retail Mixed-Use Building
For Lease
$30 SF/Yr

106 S Main St, Royal Oak, MI 48067

Mixed-use building offers multiple retail suites, including contiguous options, in downtown Royal Oak.

Space SizeContact for details
Property Size11,868 SF
Days on Market687

Property Features for 106 S Main St

General Information

Standard status Active
Size 11,868 SF
Property subtype Retail
Zoning CB
Lease Type NNN

Amenities

building signage

Building Details

Building Size 11,868 SF
Buildings 1
Stories 2
Listing Agency: Thomas A. Duke Company
Listed By: Andrew G Battersby · License #6501384188
Source: Cpix.resimplifi
Added: Oct 23, 2024 Changed: Aug 8 Last Checked: Sep 9 at 5:09AM

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 Thomas A. Duke Company

Investment Insights

Based on property information with market context.

A 12,100 SF mixed-use building with 1,533 SF to 3,193 SF available for lease. Two suites are currently available at 1,533 SF and 1,660 SF, with the ability to make both spaces contiguous. The building includes image-ready frontage and provides signage for tenants.

The property is located on the west side of S Main St, one building south of W 11 Mile Rd in downtown Royal Oak.

The leasing offering includes suite options that can work independently or together, depending on space needs.

Key Highlights

  • 12,100 SF mixed‑use building in Downtown Royal Oak
  • Two retail suites available: 1,533 SF and 1,660 SF
  • Suites can be made contiguous for a larger combined space

Property Analytics

Current Use

StickerYou.com Custom Stickers ... Production Facility Comau Corporate Office Royal Oak Masala Restaurant

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Repair Shop Auto Parts Store Storage Facility Pharmacy

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

NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,695
Businesses Nearby
84k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 46% Dining 44% Home Improvements & Furnishings 5% Hotels & Casinos 5%
McDonald's Dining
23,754 visits/mo 0.2 miles
Shell Shops & Services
8,366 visits/mo 0.1 miles
Chipotle Mexican Grill Dining
7,536 visits/mo 0.1 miles
Fifth Third Bank & ATM Shops & Services
7,078 visits/mo 0.4 miles
Citizens Bank Shops & Services
6,596 visits/mo 0.0 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

Lease Benchmarks for Royal Oak, MI

$24.18 /SF/Yr
Avg Asking Price
$16–$35 /SF/Yr
Price Range
3,907 SF
Avg Space Size

This space is priced 24% above the average of $24.18 /SF/Yr.

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?
Retail space - Mixed-use building offers multiple retail suites, including contiguous options, in downtown Royal Oak.
Where is this retail space located?
The property is located at 106 S Main St Royal Oak, MI.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: 12,100 SF mixed‑use building in Downtown Royal Oak; Two retail suites available: 1,533 SF and 1,660 SF; Suites can be made contiguous for a larger combined space
More about this property
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