Royal Oak, MI Retail Space for Sale

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Madison Heights, MI Huntington Woods, MI Ferndale, MI Pleasant Ridge, MI Berkley, MI Hazel Park, MI Detroit, MI Clawson, MI

12 properties

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Updated: Aug 10

Freestanding Retail Building

1600 North Stephenson Highway, Royal Oak, MI 48067

$2,450,000

13,000 sqft

13,000 SF freestanding retail building
Located at 1600 North Stephenson Highway, Royal Oak, MI 48067
Adaptable layout for a range of retail business configurations
Prominent signage opportunities
Ample customer parking

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This listing looks promising.

Here's a quick look at some key insights for

1600 North Stephenson Highway, Royal Oak, MI 48067

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Est. Cap Rate

5.7%
NOI ÷ price
Est. NOI

$140K
Annual
Price @ 7% Cap

$2M
Suggested
Property Type

Commercial (General)
Built 1977

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Updated: Aug 17

Retail Space with Parking

30178 Woodward Ave, Royal Oak, MI 48073

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4,700 sqft

4,700± SF of retail, medical, or office space
25‑car parking
Located on Woodward Avenue in Royal Oak
Near Corewell Health's Royal Oak campus
Owner willing to subdivide for qualified tenants

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Bank Building with Drive-Through

202 S Lafayette Ave, Royal Oak, MI 48067

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1,032 sqft 0.86 AC lot

Freestanding former bank property with private parking and a two-lane drive-through.

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General Business Retail Building

32128 Woodward Ave, Royal Oak, MI 48073

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8,528 sqft

Well-maintained commercial building with Woodward Avenue frontage, a flexible floorplan, and General Business zoning.

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Multi-Tenant Retail & Restaurant Building

106 S Main St, Royal Oak, MI 48067

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10,832 sqft

Fully occupied mixed-use building with restaurant and service-oriented tenants and extended leases along Main Street.

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Strip Mall Property With Food Service

29968 WOODWARD AVE, Royal Oak, MI 48073

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2,324 sqft

Commercial space identified for pizzeria and ice cream shop use.

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Retail Asset with Dedicated Parking

32844-32858 Woodward Avenue, Royal Oak, MI 48073

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2,332 sqft

Retail building on Woodward Avenue with an adaptable interior and dedicated onsite parking serving a high-traffic corridor.

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Multi-Tenant Corner Retail Building

1000-1010 N. Main Street, Royal Oak, MI 48067

$2,000,000

Multi-tenant retail building situated on the southeast corner of Main Street and Catalpa.

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For-Sale Retail Space

429 N Main St, Royal Oak, MI 48067

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4,824 sqft

Retail property totaling 4,824 SF available for sale at 429 N Main St in Royal Oak.

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Retail Building with 8,544 SF

401 S Lafayette, Royal Oak, MI 48067

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8,544 sqft

Retail building offered for sale with 8,544 square feet of space.

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Retail Space for Sale

30345 Woodward Avenue, Royal Oak, MI 48074

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1,600 sqft

Retail space available for sale with approximately 1,600 SF of leasable area.

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Multi-Tenant Retail Building

612-616 N Main St, Royal Oak, MI 48067

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6,400 sqft

Multi-tenant retail building with 6,400 SF available for lease as an owner-user or investment.

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Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 12 Active listings in Royal Oak, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Two-Building Retail/Office Investment

728 W 11 Mile Road, Madison Heights, MI 48071

$549,000

4,539 sqft 0.05 AC lot

Two-building portfolio includes fully occupied single-story retail/office and mixed-use building with ground floor space available.

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Multi-Tenant Shopping Center

29048 29098 N Campbell Rd, Madison Heights, MI 48071

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38,500 sqft

Fully occupied multi-tenant shopping center with a 38,500 SF building and 10 units for retail and commercial use.

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Updated Retail Storefront with Rear Yard

2680 Coolidge Highway, Berkley, MI 48072

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1,200 sqft

Completely updated storefront with flexible office space and a rear yard suited for outdoor seating use.

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Retail Space For Sale

27861 Woodward Ave, Berkley, MI 48072

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Retail space available for purchase.

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Off-Market Properties in Royal Oak, MI

Consider similar Off-Market properties in Royal Oak, 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.

RETAIL STORES (PERSONAL SERVICES)

1224 Main St, Royal Oak, MI 48067-3245

$340,000

Estimated value

8,509 sqft 0.37 AC lot

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Royal Oak, MI Retail Space Market Trends and Statistics

Explore 13 retail space for sale in Royal Oak, MI, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 64,116 square feet of properties for sale, with an estimated market value of $4,450,000.

Sale prices for retail space in Royal Oak, MI start at $2,000,000, averaging $2,225,000, and reaching up to $2,450,000 — 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

Demographics Overview

Population 58K

Population Growth (5Y) -2.0%

Median Household Income $95,277

College Educated 58.7%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
48067	$256.7K

Taxes & Financing

Tax Rate (average for all types) 3.87%

Property Tax per SF $28.84 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Oakland County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Royal Oak fall within the 10,000 to 25,000 square foot range.

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