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    Romeo, MI
    Retail

    Romeo, MI Retail Space for Sale

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    Washington, MI Armada, MI Ray Twp, MI Bruce Twp, MI Bruce Township, MI Addison Twp, MI Rochester, MI Shelby Twp, MI
    Freestanding Retail Building with Parking
    Updated: Apr 17
    Freestanding Retail Building with Parking

    305 S Main Street, Romeo, MI 48065

    $350,000
    2,300 sqft 0.41 AC lot
    2,300 sq. ft. freestanding commercial building on 0.41 acres in the Village of Romeo
    Deep 81 x 203 lot with dedicated parking and a full basement for storage
    Central A/C with forced‑air heating and ceiling fans
    Shingle roof plus deck/patio and a patio feature
    Currently operating as a floral shop; business is not for sale and property is sold as‑is
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    This listing looks promising.

    Here's a quick look at some key insights for

    305 S Main Street, Romeo, MI 48065

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    • Est. Cap Rate

      4.9%
      NOI ÷ price

    • Est. NOI

      $17K
      Annual

    • Price @ 7% Cap

      $243K
      Suggested

    • Last Sold

      Dec 2003
      $210K

    • Property Type

      Commercial (General)
      Built 1900
    View Property Analytics
    Freestanding Retail Building with Parking
    Updated: Apr 17
    Freestanding Retail Building with Parking

    305 S Main Street, Romeo, MI 48065

    $350,000
    2,300 sqft 0.41 AC lot
    Freestanding commercial building on 0.41 acres in the Village of Romeo
    2,300 sq. ft. building with central A/C and forced air heating
    Deep 81x203 lot with dedicated parking
    Full basement for storage
    Built in 1900
    View details
    Freestanding Retail-Office Building
    Freestanding Retail-Office Building

    141 S. Main Street, Romeo, MI 48065

    Contact for pricing

    Two-story freestanding building with former bank drive-thru lanes, suited for office, retail, or professional uses.

    View details
    Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 3 Active listings in Romeo, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 16 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Restaurant and Retail Building
    Restaurant and Retail Building

    50285 Mound Road, Shelby, MI 48317

    $775,000
    4,043 sqft 1.59 AC lot

    Multi-use building on 1.59 acres with on-site parking and flexibility for restaurant, retail, or office users.

    View details
    Restaurant Building with Outdoor Patio
    Restaurant Building with Outdoor Patio

    50285 Mound Road, Shelby, MI 48317

    $1,070,000
    4,043 sqft 1.59 AC lot

    4043 sq ft restaurant building on 1.59 acres with outdoor patio, tiki bar, and substantial on-site parking.

    View details
    Retail Building with Drive-Thru
    Retail Building with Drive-Thru

    51037 Van Dyke Ave, Shelby Township, MI 48316

    Contact for pricing
    11,180 sqft 1.91 AC lot

    Former Rite Aid retail building includes a drive-thru and offers 200 feet of frontage on Van Dyke Avenue.

    View details
    Van Dyke Retail/Office Space
    Van Dyke Retail/Office Space

    Shelby Township, MI 48317

    Contact for pricing
    20,000 sqft

    Retail/Office space on Van Dyke, south of 23 Mile Road.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    PUD-Zoned Commercial Land with Frontage
    PUD-Zoned Commercial Land with Frontage

    3229 State Road 207, Elkton, FL 32033

    $1,599,000
    2.07 AC lot

    2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

    View details

    Off-Market Properties in Romeo, MI

    Consider similar Off-Market properties in Romeo, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    111 Rawles St
    RETAIL STORES (PERSONAL SERVICES)

    111 Rawles St, Romeo, MI 48065-5180

    $525,000
    Estimated value
    2,784 sqft 0.09 AC lot
    View details
    246 Main St
    RETAIL STORES (PERSONAL SERVICES)

    246 Main St, Romeo, MI 48065-4618

    Value Estimation by Request
    1,703 sqft 0.26 AC lot
    View details
    211 Saint Clair St
    RETAIL STORES (PERSONAL SERVICES)

    211 Saint Clair St, Romeo, MI 48065-5260

    $585,000
    Estimated value
    4,706 sqft 0.19 AC lot
    View details
    218 Main St
    RETAIL STORES (PERSONAL SERVICES)

    218 Main St, Romeo, MI 48065-4616

    Value Estimation by Request
    3,849 sqft 0.13 AC lot
    View details
    224 Main St
    RETAIL STORES (PERSONAL SERVICES)

    224 Main St, Romeo, MI 48065-4616

    Value Estimation by Request
    1,900 sqft 0.13 AC lot
    View details
    374 Main St
    RETAIL STORES (PERSONAL SERVICES)

    374 Main St, Romeo, MI 48065-5134

    Value Estimation by Request
    1,344 sqft 0.40 AC lot
    View details
    123 Main St
    RETAIL STORES (PERSONAL SERVICES)

    123 Main St, Romeo, MI 48065-5125

    Value Estimation by Request
    1,865 sqft 0.07 AC lot
    View details
    131 Main St
    RETAIL STORES (PERSONAL SERVICES)

    131 Main St, Romeo, MI 48065-5125

    Value Estimation by Request
    2,567 sqft 0.08 AC lot
    View details
    113 Main St
    RETAIL STORES (PERSONAL SERVICES)

    113 Main St, Romeo, MI 48065-5125

    Value Estimation by Request
    2,113 sqft 0.12 AC lot
    View details
    222 Saint Clair St
    RETAIL STORES (PERSONAL SERVICES)

    222 Saint Clair St, Romeo, MI 48065-5259

    $510,000
    Estimated value
    7,596 sqft 0.26 AC lot
    View details
    148 Main St
    RETAIL STORES (PERSONAL SERVICES)

    148 Main St, Romeo, MI 48065-5169

    Value Estimation by Request
    435 sqft 0.69 AC lot
    View details
    152 Main St
    RETAIL STORES (PERSONAL SERVICES)

    152 Main St, Romeo, MI 48065-5169

    Value Estimation by Request
    460 sqft 0.69 AC lot
    View details
    149 St Clair St
    Individual retail properties

    149 St Clair St, Romeo, MI 48065

    Value Estimation by Request
    2,224 sqft
    View details
    230 Saint Clair St
    RETAIL STORES (PERSONAL SERVICES)

    230 Saint Clair St, Romeo, MI 48065-5259

    $1,060,000
    Estimated value
    10,150 sqft 0.27 AC lot
    View details
    231 Main St
    RETAIL STORES (PERSONAL SERVICES)

    231 Main St, Romeo, MI 48065-4617

    Value Estimation by Request
    3,702 sqft 0.17 AC lot
    View details
    227 Main St
    RETAIL STORES (PERSONAL SERVICES)

    227 Main St, Romeo, MI 48065-4617

    Value Estimation by Request
    1,386 sqft 0.09 AC lot
    View details

    Romeo, MI Retail Space Market Trends and Statistics

    Explore 19 retail space for sale in Romeo, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 4,600 square feet of properties for sale, with an estimated market value of $700,000.

    Sale prices for retail space in Romeo, MI average $350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 6
    Storefront properties 4
    Banks 1
    Drug stores 1
    Showrooms 1

    Demographics Overview

    Population 11K
    Population Growth (5Y) +1.5%
    Median Household Income $104,348
    College Educated 45.2%

    High-Yield Neighborhoods for Investment

    Identify Romeo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48065 $350K

    Taxes & Financing

    Tax Rate (average for all types) 3.47%
    Property Tax per SF $33.17 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Macomb County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Macomb County

    Residential Income

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