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    Property profile & analytics
    OFF-MARKET Estimated value $2,330,000
    Turn key restaurants

    419 Main St, Royal Oak, MI 48067-2615

    9,117 SF 0.21 ac lot Built 1939
    Entity Owned ~ Est. High Equity
    Property ID
    US43-0635958
    Property summary
    AI-generated overview

    This exceptional Royal Oak commercial property, located at 419 S Main St, offers a unique investment opportunity. The 17,140 square foot building sits on a 0.21-acre lot and is zoned CB. Built in 1939 and renovated in 2005, this two-story structure currently features a mix of retail and restaurant uses. A significant portion of the building, totaling 15,000 square feet, is currently vacant, presenting a substantial opportunity for a new tenant or business owner. The property includes four parking spaces and is conveniently located south of 6th Street in the Royal Oak Vicinity submarket of Oakland County, Michigan. The property's address is 419 S Main St, Royal Oak, MI 48067. Its APN is 25-22-108-013. This prime corner location offers high visibility and accessibility, making it ideal for a variety of retail or restaurant concepts. The existing infrastructure provides a solid foundation for immediate occupancy, with the potential for further customization to suit specific business needs. This is a turnkey opportunity to acquire a well-situated property in a thriving Michigan community. The property's history and current configuration offer a blend of established character and modern adaptability.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1939
    Total area 9,117 SF
    Lot 0.21 ac (9,104 SF)
    Zoning code CBD
    APN 72-25-22-108-013
    UPID US43-0635958
    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
    • Bandit Tavern & Hideaway Restaurant
    • Hideaway Hotel & Motel Resort
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.17M
    Blend (final) Blend
    $2.33M
    Owner & transaction history
    419 S Main LLC
    419 S Main LLC
    since 2025
    Last sale
    $2.7M
    5 recorded transactions
    2025
    2025
    $2.7M
    2018
    2017
    1969
    Zoning & alternative use
    CBD · Royal Oak, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $1.7M +9.0%
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