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Second-Generation Retail Suite
For Lease
$22 SF/Yr

411 S Main St, Royal Oak, MI 48067

Second-generation retail space with on-site metered parking and nearby municipal parking area in downtown Royal Oak.

Space SizeContact for details
Days on Market169

Property Features for 411 S Main St

General Information

Standard status Active
Property subtype Retail
Zoning CB

Additional Details

Road Access Yes
Listing Agency: CMP Real Estate Group
Listed By: Erik Elwell
Source: Cpix.resimplifi
Added: Mar 23 Changed: Sep 3 Last Checked: Sep 7 at 4:34AM

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 CMP Real Estate Group

Investment Insights

Based on property information with market context.

This second-generation retail suite offers 1,900 SF of retail space and is being offered for lease for the first time in over 15 years, following its prior use as “Funky 7” apparel.

Located along Royal Oak’s Main Street in downtown Royal Oak, the immediate area includes a mix of retailers and operators such as Starbucks, Comerica, Jimmy John’s, Henry Ford Health, Buffalo Wild Wings, and Emagine Theatre. The property also features on-site metered parking, with an additional municipal parking area located in the rear.

Rock & Brews is also scheduled to open its first Michigan location in downtown Royal Oak this summer, adding to the continued retail and dining activity in the surrounding area.

Key Highlights

  • 1,900 SF second‑generation retail space available for lease on Royal Oak’s Main Street
  • On‑site metered parking plus an additional municipal parking area in the rear of the property
  • Downtown Royal Oak entertainment district surrounded by nearby restaurants and retailers

Property Analytics

Current Use

Funky 7 Inc (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Food Market Grocery & Convenience Store Plumbing Service Locksmith Daycare 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

Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,766
Businesses Nearby
127k
Monthly Visits Nearby

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

$24.25 /SF/Yr
Avg Asking Price
$16–$35 /SF/Yr
Price Range
4,038 SF
Avg Space Size

This space is priced 9% below the average of $24.25 /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 - Second-generation retail space with on-site metered parking and nearby municipal parking area in downtown Royal Oak.
Where is this retail space located?
The property is located at 411 S Main St Royal Oak, MI.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: 1,900 SF second‑generation retail space available for lease on Royal Oak’s Main Street; On‑site metered parking plus an additional municipal parking area in the rear of the property; Downtown Royal Oak entertainment district surrounded by nearby restaurants and retailers
More about this property
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