Storefront and Office Space
For Lease
$13 SF/Yr
820 S Washington Ave, Royal Oak, MI 48067
Storefront and office spaces for lease with excellent visibility.
Space SizeContact for details
Days on Market194
Property Features for 820 S Washington Ave
General Information
Standard status
Active
Property subtype
Office
Zoning
MU-2
Listing Agency:
L. Mason Capitani, Inc.
Listed By:
Aaron R. Smith · License #6501377543
(248) 637-3515
Source:
Cpix.resimplifi
Added: Mar 27
Changed: Sep 10
Last Checked: Oct 5 at 3:08PM
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 L. Mason Capitani, Inc.
Investment Insights
Based on property information with market context.
This property features a 1,121 square-foot storefront space and a 1,618 square-foot two-story office space located behind the retail area. The storefront offers excellent visibility and building signage is available. Street parking is available. The storefront is delivered in white-box condition and offers a flexible layout suitable for a variety of retail or service users. The two-story office space is ideal for professional or creative office users. The property is currently being updated under new ownership, and the ownership is committed to property improvements and is willing to contribute toward tenant improvements.
Key Highlights
- Excellent visibility storefront
- Delivered in white‑box condition
- Flexible layout suitable for a variety of retail or service users
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.95 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,844
Businesses Nearby
Under-served
Demand for This Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Royal Oak, MI
$19.29 /SF/Yr
Avg Asking Price
$12–$30 /SF/Yr
Price Range
2,695 SF
Avg Space Size
This space is priced 33% below the average of $19.29 /SF/Yr.
Vacancy Rate% for Office in Midwest region
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Similar Off Market Nearby
- Affordable Flowers — 25818 Woodward Ave, Royal Oak, MI 48067
- Thrifty Florist — 26989 Woodward Ave, Huntington Woods, MI 48070
Frequently Asked Questions
What type of property is this?
Storefront property - Storefront and office spaces for lease with excellent visibility.
Where is this storefront property located?
The property is located at 820 S Washington Ave Royal Oak, MI.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: Excellent visibility storefront; Delivered in white‑box condition; Flexible layout suitable for a variety of retail or service users
