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    Property profile & analytics

    100 Main St Royal Oak, MI 48067-2630

    • Turn key restaurants
    • 6,351 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    $4,115,000
    Last Sale
    Jun 04, 2020
    $3,465,000
    Location Intelligence
    Property ID
    US43-1351233
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • The Pearl Room / Cocktail Bar
    • Bohemia Nightclub / Night Club
    • Pinky's Rooftop / Cocktail Bar / Restaurant

    Property Details for 100 Main St

    Year built
    1925
    Lot size
    0.15 lot acres
    Property size
    6,351 SF
    Zone code
    CBD
    Property type
    Turn key restaurants
    APN
    72-25-21-231-012
    APU
    722521231012

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,325,000
      6.5%
      $3,655,000
      7%
      $3,070,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,620,000
      Geo Method
      $4,080,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,925,000
      Retail
      $3,870,000
      Mixed-Use
      $3,350,000
      Hospitality
      $2,860,000
      Educational
      $3,125,000
      Residential Income
      $3,840,000
      Energy
      $2,785,000
      Income-Based Land
      $3,020,000
      Food Service
      $3,705,000

    Location Insight

    • Map
    • Local Demand
    City
    Royal Oak
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1447
    Latitude
    42.4896
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $44,326
    $0.00
    $0.00
    $1,133,710
    -
    $0.00
    $0.00
    $2,267,420

    Comparable in this City

    • Value Estimation by Request
      11,310 SF

      208 5th Ave

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      208 5th Ave, Royal Oak, MI 48067-3813
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    • Value Estimation by Request
      46,894 SF

      500 Main St

      RESTAURANT • 46,894 SF
      500 Main St, Royal Oak, MI 48067-2642
      View Details
    • Value Estimation by Request
      931 SF

      27302 Woodward Ave

      RESTAURANT • 931 SF
      27302 Woodward Ave, Royal Oak, MI 48067-0927
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    • Value Estimation by Request
      5,187 SF

      27400 Woodward Ave

      RESTAURANT • 5,187 SF
      27400 Woodward Ave, Royal Oak, MI 48067-0928
      View Details
    • Value Estimation by Request
      3,796 SF

      28028 Woodward Ave

      RESTAURANT • 3,796 SF
      28028 Woodward Ave, Royal Oak, MI 48067-0933
      View Details
    • Value Estimation by Request
      3,326 SF

      711 Main St

      RESTAURANT • 3,326 SF
      711 Main St, Royal Oak, MI 48067-2626
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      15,635 SF

      Royal Oak Restaurant - For Sale

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      6,930 SF

      Royal Oak Retail Space For Sale

      6,930 SF NNN Retail Building in Royal Oak, MI
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    • $400,000

      Royal Oak Mixed-Use Property

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      Fully renovated live/work property in the heart of Royal Oak.
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      15,000 SF

      Downtown Royal Oak Office Space

      Modern Office, Retail, 15,000 SF
      117 4Th St, Royal Oak, MI 48067
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    • $2,000,000
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      Retail Property in Royal Oak

      Retail property available for sale in Royal Oak, Michigan.
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    Similar Nearby for Lease

    • $25 SF/Yr
      2,000 SF

      Royal Oak Restaurant & Event Space

      Turnkey restaurant and event space in downtown Royal Oak.
      202 E 3Rd St, Royal Oak, MI 48067
      View Details
    • $26 SF/Yr
      7,613 SF

      Main Street Retail Opportunity

      Prime retail space available on Main Street for lease.
      505 South Main St, Royal Oak, MI 48067
      View Details
    • $9,277 /Mo
      4,123 SF

      Royal Oak Commercial Space Available

      Prime commercial space in Royal Oak's Social District.
      423 S Washington Ave, Royal Oak, MI 48067
      View Details
    • $900 /Mo

      Renovated Retail Space Near Royal Oak

      Bright, renovated commercial space suitable for various business uses.
      205 Dewey St, Royal Oak, MI 48067
      View Details
    • Contact for pricing

      Royal Oak Commercial Space Available

      Commercial property available for rent in Royal Oak, Michigan.
      27332 Woodward Ave, Royal Oak, MI 48067
      View Details
    • Contact for pricing
      5,913 SF

      Royal Oak Retail Space

      Retail space available on Woodward Avenue in Royal Oak.
      27862 Woodward Ave, Royal Oak, MI 48067
      View Details

    Property Visit Statistics

    • Visits by month
      2.0k
    • Visitors by month
      1.7k
    • Avg Time on site
      17 min
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    100 Main St
    Royal Oak, MI 48067-2630
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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