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Three-Story Mixed-Use Property
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400 S Main St, Royal Oak, MI 48067

Historic former bank with separate access points and adaptable space for retail, office, or hospitality use.

Property Size9,000 SF
Days on Market292

Property Features for 400 S Main St

General Information

Standard status Active
Size 9,000 SF
Property subtype Retail
Zoning CB

Building Details

Building Size 9,000 SF
Listing Agency: Colliers
Listed By: Simon Jonna
Source: Cpix.resimplifi
Added: Nov 12, 2025 Changed: Aug 29 Last Checked: Aug 29 at 5:05PM

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 Colliers

Investment Insights

Based on property information with market context.

Located at 400 S Main St in Royal Oak, Michigan, this 9,000 SF mixed-use property occupies three floors within a former bank building. Historic architectural elements contribute character, while the interior layout is described as flexible for a range of commercial configurations. Separate entrances serve Main Street and 4th Street.

The property sits in downtown Royal Oak among restaurants, retail businesses, and entertainment venues. Its central urban setting supports a visible storefront or office presence, with potential for adaptive reuse across retail, office, or hospitality applications. The building is positioned within Metro Detroit and offers a combination of existing character, multiple access points, and substantial floor area for an owner-user or leasing strategy.

Key Highlights

  • 9,000 SF building arranged across 3 floors
  • Former bank building with historic architectural character
  • Dual entrances from Main Street and 4th Street

Property Analytics

Current Use

eb building company Construction Company

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Garden Center Kitchen & Bath Showroom Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,380
Businesses Nearby

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

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic former bank with separate access points and adaptable space for retail, office, or hospitality use.
Where is this mixed-use property located?
The property is located at 400 S Main St Royal Oak, MI.
What are key features of this property?
This property features: 9,000 SF building arranged across 3 floors; Former bank building with historic architectural character; Dual entrances from Main Street and 4th Street
More about this property
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