Mixed-Use Property with
For Sale
Contact for pricing
410 S Main St, Royal Oak, MI 48067
Two-building development combines street-level retail with upper-floor office space and private structured parking.
Property Size61,965 SF
Lot Size1.01 Acres
Days on Market144
Property Features for 410 S Main St
General Information
Standard status
Active
Size
61,965 SF
Net Rentable
61,965 SF
Lot size
1.01 Acres
Property subtype
Mixed Use
Occupancy
93%
Additional Details
Office Units
8
Building Details
Buildings
2
Tenancy
Multi
Listing Agency:
Fortis Net Lease
Listed By:
Bill O'Connor · License #MI
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 2:41AM
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 Fortis Net Lease
Investment Insights
Based on property information with market context.
Main Place at Royal Oak comprises two buildings totaling 61,965 rentable square feet across two parcels containing 1.006 acres. The property includes street-level retail, upper-floor office space, and one vacant 1,209-square-foot suite identified as PH2-6000G. Overall occupancy is 92.69%, with seven tenants and an average weighted lease term of approximately 9.19 years.
The buildings are located at 500 South Main Street and 410 South Main Street in Royal Oak, Michigan. Phase II includes 106 private parking spaces on levels two and three above the retail component. Seventy loft-style residential condominium units occupy floors four through eight and are individually owned rather than included in the offering.
The tenant roster includes retail, restaurant, office, and wireless uses. Most leases are structured on a triple-net basis, with tenants reimbursing their pro rata shares of real estate taxes, property insurance, and common area maintenance. Some tenants also reimburse management fees as part of operating expenses.
The buildings are located at 500 South Main Street and 410 South Main Street in Royal Oak, Michigan. Phase II includes 106 private parking spaces on levels two and three above the retail component. Seventy loft-style residential condominium units occupy floors four through eight and are individually owned rather than included in the offering.
The tenant roster includes retail, restaurant, office, and wireless uses. Most leases are structured on a triple-net basis, with tenants reimbursing their pro rata shares of real estate taxes, property insurance, and common area maintenance. Some tenants also reimburse management fees as part of operating expenses.
Key Highlights
- 61,965 rentable square feet across two buildings and two parcels
- 1.006 acres of land with addresses at 500 South Main Street and 410 South Main Street
- 92.69% overall occupancy with seven tenants
Property Analytics
Property Profile
Current Use
Lease Details
8
Office units
92.7%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,766
Businesses Nearby
Explore this area
Business Placement
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 Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-building development combines street-level retail with upper-floor office space and private structured parking.
Where is this mixed-use property located?
The property is located at 410 S Main St Royal Oak, MI.
What are key features of this property?
This property features: 61,965 rentable square feet across two buildings and two parcels; 1.006 acres of land with addresses at 500 South Main Street and 410 South Main Street; 92.69% overall occupancy with seven tenants
