Listing Agency: Colliers - Royal Oak/Detroit, Michigan

Listed By: Steven Badgero · License #6501355671 Show Phone

Source: Crexi

Added: Jun 27, 2023 Changed: Sep 7 Last Checked: Sep 10 at 7:16AM

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Investment Insights

Based on property information with market context.

This commercial real estate property is designated for office use and is located at 302 S Main St, Royal Oak, MI 48067.

Key Highlights

• Office

Property Analytics

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Current Use

Gowda Legal Services Law Firm JENerate Consulting Consultant Friedman Law Firm Law Firm Askari Asante, Psychologist Physician Maria Barretta, LPC Marriage Or Relationship Counselor

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Garden Center Big Box & Wholesale Store Food Market

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

2,574

Businesses Nearby

Balanced

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

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

Questions? Ask Rey

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What type of property is this? Where is this office spaces located? What is the asking price? Find similar properties What are key features of this property?

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Similar Off Market Nearby

• Out of the Box Solutions — 313 E Hudson Ave m111, Royal Oak, MI 48067
• National Cad Services — 26622 Woodward Ave # 260, Royal Oak, MI 48067
• BLUSYS — 301 w 4th st unit 420, royal oak, mi 48067
• M&B Screen & Window Repair — 821 W Eleven Mile Rd, Royal Oak, MI 48067
• Cellairis — 313 s main st, royal oak, mi 48067

Frequently Asked Questions

What type of property is this?

Office space - Office space available for purchase.

Where is this office space located?

The property is located at 302 S Main St Royal Oak, MI.

What are key features of this property?

This property features: Office