Corner Retail Suite for Salon
For Lease
Contact for pricing
501 S Washington Ave, Royal Oak, MI 48067
Corner retail space with floor-to-ceiling glass, street/structure parking, and existing salon buildout.
Space Size3,465 SF
Days on Market488
Property Features for 501 S Washington Ave
General Information
Standard status
Active
Size
3,465 SF
Property subtype
RETAIL
Lease Type
NNN
Amenities
floor to ceiling glass windows
signage
street and structure parking
Spaces For Lease
at 501 S Washington Ave Contact us- Floor
- LL
- Size
- 3,465 SF
- Type
- RETAIL
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
501 S Washington Ave $12/SF/Yr
• Highly visible corner building currently designed for a fullservice hair salon...
show more
Contact us
Listing Agency:
Landmark Commercial Real Estate Services
(248) 488-2620
Listed By:
Anthony Vitale · License #6505422306
(248) 488-2620
Source:
Moodyscre
Added: Apr 21, 2025
Changed: Aug 8
Last Checked: Aug 21 at 5:03AM
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 Landmark Commercial Real Estate Services
Investment Insights
Based on property information with market context.
This highly visible corner retail building is currently designed for full-service hair salon use, including manicure/pedicure chairs and a massage room. The interior features contemporary design and floor-to-ceiling glass windows.
Signage is available on Washington Ave and 5th St, and parking is provided via street and structure options. The property is located in close proximity to dining, retail, and entertainment establishments.
The space offers strong storefront presentation and a ready-built layout for salon-style operations, with exterior signage and convenient parking to support customer traffic.
Signage is available on Washington Ave and 5th St, and parking is provided via street and structure options. The property is located in close proximity to dining, retail, and entertainment establishments.
The space offers strong storefront presentation and a ready-built layout for salon-style operations, with exterior signage and convenient parking to support customer traffic.
Key Highlights
- Highly visible corner retail building designed as a full‑service hair salon with manicure/pedicure chairs and a massage room
- Floor‑to‑ceiling glass windows with a contemporary interior design
- Signage available on Washington Ave and 5th St.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,766
Businesses Nearby
127k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 38%
Dining 29%
Groceries 26%
Home Improvements & Furnishings 3%
Holiday Market
Groceries
32,802 visits/mo
0.5 miles
McDonald's
Dining
23,754 visits/mo
0.3 miles
BP
Shops & Services
15,997 visits/mo
0.5 miles
Shell
Shops & Services
8,366 visits/mo
0.3 miles
Chipotle Mexican Grill
Dining
7,536 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
Lease Benchmarks for Royal Oak, MI
$25.89 /SF/Yr
Avg Asking Price
$16–$35 /SF/Yr
Price Range
3,766 SF
Avg Space Size
This space is priced 54% below the average of $25.89 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Corner retail space with floor-to-ceiling glass, street/structure parking, and existing salon buildout.
Where is this retail space located?
The property is located at 501 S Washington Ave Royal Oak, MI.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Highly visible corner retail building designed as a full‑service hair salon with manicure/pedicure chairs and a massage room; Floor‑to‑ceiling glass windows with a contemporary interior design; Signage available on Washington Ave and 5th St.
