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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

304 Main St Royal Oak, MI 48067

2,166 SF
Property ID
Property summary
AI-generated overview

This exceptional 2,166 square foot restaurant space is ideally located in the heart of downtown Royal Oak, Michigan, at 304 S Main St, zip code 48067. Situated on Main Street between 3rd and 4th, this high-profile property benefits from exceptional foot traffic in a vibrant, walkable area known for its bustling nightlife and entertainment scene. Royal Oak's central location in Metro Detroit provides easy access to major roadways including I-696, I-75, and M-1 Woodward Avenue. This second-generation restaurant space is ready for immediate occupancy and surrounded by a thriving mix of established businesses, including Starbucks (adjacent), Condado, Hopcat, Atomic Coffee, Buffalo Wild Wings, and Noodles and Company. The property presents a rare opportunity to establish or relocate a restaurant in one of Southeast Michigan's most desirable and densely populated areas. This is a turnkey opportunity in a high-demand location with significant potential for success. The property is classified as retail, with a restaurant subtype.

Property profile
Verified
Property type Retail properties & Spaces
Total area 2,166 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Freshii Restaurant
  • Chris London Wedding DJ Royal Oak Nightclub Music Venue
  • The Modern Vegan Restaurant
  • Detroit Taco Company Restaurant
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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