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Multi-Tenant Retail Building
For Sale
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Pending

612-616 N Main St, Royal Oak, MI 48067

Multi-tenant retail building with 6,400 SF available for lease as an owner-user or investment.

Property Size6,400 SF
Days on Market143

Property Features for 612-616 N Main St

General Information

Standard status Pending
Size 6,400 SF
Property subtype Retail

Building Details

Tenancy Multi
Listing Agency: Newmark | Detroit - Southfield
Listed By: Jp Champine · License #MI
Source: Crexi
Added: Apr 11 Changed: Aug 21 Last Checked: Aug 28 at 11:43PM

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 Newmark | Detroit - Southfield

Investment Insights

Based on property information with market context.

This multi-tenant retail building is being offered as an owner-user or investment opportunity. The property includes 6,400 SF that is available for lease, supporting a flexible occupancy plan within the existing retail configuration.

The asset is located at 612–616 N Main St in Royal Oak, MI.

With leasing availability in place, the property can accommodate tenants seeking retail space in a multi-tenant setting.

Key Highlights

  • Multi‑tenant retail building with 6,400 SF available for lease
  • Space available for lease for an owner‑user or investment

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Plumbing Service Grocery & Convenience Store Daycare Center (Bike/Boat/Book/etc) Store Storage Facility Garden Center

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

1,790
Businesses Nearby
81k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 44% Shops & Services 30% Groceries 20% Hotels & Casinos 5%
McDonald's Dining
23,754 visits/mo 0.5 miles
Hollywood Market Groceries
16,247 visits/mo 0.0 miles
Shell Shops & Services
8,366 visits/mo 0.4 miles
Chipotle Mexican Grill Dining
7,536 visits/mo 0.4 miles
Citizens Bank Shops & Services
6,596 visits/mo 0.5 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?
Retail space - Multi-tenant retail building with 6,400 SF available for lease as an owner-user or investment.
Where is this retail space located?
The property is located at 612-616 N Main St Royal Oak, MI.
What are key features of this property?
This property features: Multi‑tenant retail building with 6,400 SF available for lease; Space available for lease for an owner‑user or investment
More about this property
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