Active

Restaurant Space for Lease

505 South Main Street, Royal Oak, MI 48067

Overview

Main Street. Entry level lease rate at $26/square foot is one of the lowest lease rates on Main Street. Expand your current concept or start a new one, this is the place to do it. This outstanding opportunity has a structure in place to be a restaurant, bar, cigar bar or change it up to put in a retail operation. There is brand new equipment ready to be used still in boxes. All for you. The landlord has a liquor license available to use for your concept. New electrical and HVAC in place. This opportunity will not last long! Take some or all of the available space. The landlord is very flexible. This is a golden opportunity for the right person with the ability to take it to the next level.

1st Floor 3,706 Sq. Ft.

2nd Floor 3907 Sq. Ft Patio 988 Sq. Ft Basement 897 Sq. Ft

Second Floor Outdoor Patio: 988 sq ft

Class C Liquor License Available to use

$26.00 Per Square Foot NNN.

Street & Parking Structures Nearby

Lease Spaces

NameRateSFStatus
Floor 2$26 /SF/Year7,613 SFavailable

For Lease

Retail

Secondary Uses: Mixed Use

Lease Rate
$26 SF/year
Available SF
7,613 SF
Building Size
7,613 SF
Acres
0.151 ac
Lease Type
NNN
Signage
On Building
# of Buildings
1
Floors
2
Submarket
Royal Oak Vicinity
Property Status
Existing
County
Oakland
Available
07/01/2024
Listed
01/12/2026
Updated
01/12/2026
Listing ID
db725ca5
Parcel APN
2522151001