CONFIDENTIAL - Downtown Royal Oak Restaurant Property

714 S Washington Avenue, Royal Oak, MI 48067

  • For Sale $2,750,000
  • Property Type Retail - Freestanding
  • Property Size 6,700 SF
  • Lot Size 0.35 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Year Built 1982
  • Date Updated Oct 10, 2024
Royal Oak is located in Oakland County, Michigan. As of the 2010 census, the city had a population of 57,236. Conveniently located near several major thoroughfares, Royal Oak's location is prime. The city is located along the Woodward Corridor, with Interstate 75 and Interstate 696 passing through Royal Oak. As a northern suburb of Metro Detroit, the city is about 3 miles north of the city of Detroit. Royal Oak developed initially as a suburb after Detroit boomed as a major industrial city. It had a compact, traditional street-side shopping district, which runs along Main Street and Washington Avenue downtown. During the 2000s, this area was redeveloped with numerous new businesses and is now considered a trendy, upscale, urban-chic district, featuring restaurants, shopping, and entertainment. A number of mixed-use high-rise developments have been constructed — mostly condo "lofts" with retail and office space on the lower levels. Downtown businesses have created a diverse, one-stop commercial district where customers find quality and personal service. Retail shops offer specialty items and many restaurants feature outdoor patios that connect visitors to the heart of Royal Oak. Street furniture provides convenient resting places and vantage points to observe the flurry of activity. Points of interest include the Detroit Zoo, a major regional tourist attraction, the William Beaumont Hospital, the Royal Oak Music Theatre, the Main Art Theatre, the Baldwin Theatre, Mark Ridley's Comedy Castle, Emagine Theater, and shops, cafes, and restaurants. Major employers in Royal Oak include William Beaumont Hospital, The City of Royal Oak, Royal Oak Public Schools, Oakland Community College, and the Detroit Zoo. The brand-new Henry Ford Medical Center – Royal Oak has services for every member of the family in a state-of-the-art, downtown facility. The hospital offers adult and pediatric primary care, a variety of specialty care services, ambulatory surgery, an urgent care Walk-In Clinic and complimentary two-hour parking in a nearby parking deck. The state-of-the-art development is a six-story, 145,000-square-foot high-tech outpatient medical center and is expected to attract thousands of unique visitors annually to the City of Royal Oak..

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Highlights

  • 6,700 Square Foot Standalone Restaurant Building Located on Approximately .35 Acres of Premium Land
  • Pride of Ownership Trophy Asset Located in Downtown Royal Oak - a True Nightlife, Business and Leisure Destination in Metro Detroit
  • Well Located on Washington Avenue in the Heart of Downtown Royal Oak - One of Metro Detroit's Premier Shopping and Nightlife Districts
  • Directly Across the Street from Oakland Community College's Royal Oak Campus
  • Dedicated Surface Parking Lot - Very Rare for Downtown Royal Oak
  • Turnkey Full Service Restaurant & Bar Opportunity with Patio Seating
  • In the Heart of Metro Detroit - Easy Access to I-696, I-75 and Woodward Avenue Connecting to all Suburbs and Downtown Detroit
  • Downtown Royal Oak has Over 85 Service & Retail Shops, 175+ Professional Businesses and over 5.3 Miles of Walkable Downtown Sidewalks

Contacts

broker

Deno Bistolarides

Encore Real Estate Investment Services

Location

Getting Around

  • Walk Score ®

    97/100 Walker's Paradise
  • Bike Score ®

    67/100 Bikeable
Powered by Walk Score ®
  • City Royal Oak, MI
  • Zip Code 48067
  • Market Detroit

Points of Interest

  • Royal Oak

    0.34 miles

  • Troy

    4.62 miles

  • CDM Transport LLC

    5.12 miles

  • Grand Boulevard

    8.70 miles

  • Baltimore Street

    8.85 miles

  • Detroit

    8.91 miles

  • Amsterdam Street

    9.04 miles

  • Ferry Street

    9.43 miles

  • Warren Avenue

    9.70 miles

  • Shell

    0.16 miles

  • BP

    0.34 miles

  • Sunoco

    1.12 miles

  • Mobil

    1.19 miles

  • Marathon

    1.21 miles

  • Speedway

    1.38 miles

  • Ferndale Public Library

    1.82 miles

  • Tesla Supercharger

    3.08 miles

  • EV Charging LLC

    3.44 miles

  • Blink

    3.63 miles

  • Lafayette Avenue Parking Structure

    0.29 miles

  • Woodward Parking Lot

    0.48 miles

  • Main North Garage

    0.50 miles

  • Water Tower Parking Lot

    0.52 miles

  • 10 Mile Parking Lot

    0.68 miles

  • US Post Office Parking lLot

    1.79 miles

  • Lawrence C. Falvey Parking Lot

    1.85 miles

  • Student Parking

    1.97 miles

  • Church parking lot

    1.99 miles

  • Employee and Student Parking (south)

    3.00 miles

  • Royal Oak Taphouse

    0.00 miles

  • Shin Thai

    0.05 miles

  • Oak House Deli

    0.09 miles

  • Oak City Grille

    0.11 miles

  • Bigalora Wood Fired Cucina

    0.16 miles

  • Pastaio

    0.16 miles

  • Detroit Dogs

    0.17 miles

  • Da Luigi

    0.18 miles

  • Lily's Seafood

    0.18 miles

  • Buffalo Wild Wings

    0.19 miles

  • Nutrifoods Health Food

    0.36 miles

  • Holiday Market

    0.42 miles

  • Hollywood Market

    0.79 miles

  • Westborn Market

    1.10 miles

  • Trader Joe's

    1.16 miles

  • Fresh Approach

    1.19 miles

  • Ferndale Foods

    1.64 miles

  • Western Market

    1.69 miles

  • The Rust Belt Market

    1.72 miles

  • Organic Food & Vitamin Center

    1.72 miles

Frequently Asked Questions

How much does CONFIDENTIAL - Downtown Royal Oak Restaurant Property cost?

The space currently listed for sale at CONFIDENTIAL - Downtown Royal Oak Restaurant Property asks for $2,750,000.

What is the total square footage of CONFIDENTIAL - Downtown Royal Oak Restaurant Property?

CONFIDENTIAL - Downtown Royal Oak Restaurant Property totals 6,700 square feet.

When was this property built?

CONFIDENTIAL - Downtown Royal Oak Restaurant Property was built in 1982.

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Contact Listing Broker

broker

Deno Bistolarides

Encore Real Estate Investment Services