Property summary
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
VerifiedCap rate & NOI
Current use
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Restaurant
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Hotel & Motel Resort
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2021Property description
Physical attributes from public recordsZoning & alternative use
CBD · Royal Oak, MIZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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