Royal Oak, MI Commercial Real Estate for Lease and Sale

Explore 72 listings of Royal Oak commercial real estate to find the best space for your business.

512 11 Mile Rd E

512 11 Mile Rd E, Royal Oak, MI
Property

Office

6,000 SF
Year Built

2004
For Sale

$1,950,000
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2410 West Twelve Mile Road

2410 West Twelve Mile Road, Royal Oak, MI
Property

Retail

3,650 SF
Availability

1 Space

3,650 SF
For Lease

$30.00/SF/YR
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1800 W 14 Mile Rd

1800 W 14 Mile Rd, Royal Oak, MI
Property

Retail

14,067 SF
For Sale Contact for pricing
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For Lease | Industrial

2619 W 14 Mile Road | Royal Oak, Royal Oak, MI
Property

Industrial
Availability

1 Space

4,800 SF
Year Built

1961
For Lease Contact for pricing
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What type of listing property are you looking for?

Office Coworking Retail Industrial

Office Retail Industrial Land
12415 E 12 Mile Rd.

12415 E 12 Mile Rd., Royal Oak, Warren, MI
Property

Office

3,751 SF
Availability

1 Space

1,200 SF
For Lease

$18.95/SF/YR
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225 S Main Street

225 S Main St Royal Oak, Royal Oak, MI
Property

Office

6,480 SF
Availability

1 Space

6,480 SF
For Lease Contact for pricing
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Former MedPost Urgent Care

2140 Twelve Mile Road, Royal Oak, MI
Property

Office

3,650 SF
Availability

1 Space

3,650 SF
For Lease

$30.00/SF/YR
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422 W Eleven Mile Rd

422 W Eleven Mile Rd Royal Oak, Royal Oak, MI
Property

Office

2,304 SF
For Sale Contact for pricing
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For Lease | Industrial / Office Space

4940 Delemere Avenue | Royal Oak, Royal Oak, MI
Property

Industrial
Availability

1 Space

4,010 SF
For Lease Contact for pricing
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1815 N Main St

1815 N Main St, Royal Oak, MI
Property

Retail

4,500 SF
For Sale

$650,000
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For Lease or Sale > Medical / Office

31205 Woodward Ave, Royal Oak, MI
Property

Office

3,677 SF
For Sale Contact for pricing
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1026 N Main St

1026 N Main St, Royal Oak, MI
Property

Retail

11,564 SF
Availability

1 Space

11,564 SF
For Lease

$22.00/SF/YR
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26862 Woodward Ave.

26862 Woodward Ave., Royal Oak, MI
Property

Office

2,830 SF
Availability

1 Space

2,830 SF
For Lease

$18.50/SF/YR
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29764 Woodward Ave

29764 Woodward Ave, Royal Oak, MI
Property

Retail

4,000 SF
Availability

1 Space

4,000 SF
For Lease Contact for pricing
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423 S Washington Ave.

423 S Washington Ave., Royal Oak, MI
Property

Retail

3,602 SF
Availability

1 Space

3,602 SF
For Lease

$17.00/SF/YR
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330-332 E Lincoln Ave

330-332 E Lincoln Ave, Royal Oak, MI
Property

Industrial

5,231 SF
Availability

1 Space

5,231 SF
For Lease Contact for pricing
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29732 Woodward Ave

29732 Woodward Ave, Royal Oak, MI
Property

Retail

2,880 SF
Availability

1 Space

2,880 SF
For Lease Contact for pricing
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Main Place of Royal Oak

410-500 South Main Street, Royal Oak, MI
Property

Retail

67,713 SF
For Sale

$23,535,000
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For Lease | Industrial

2625 W 14 Mile Road | Royal Oak, Royal Oak, MI
Property

Industrial
Availability

1 Space

2,500 SF
Year Built

1961
For Lease Contact for pricing
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366 North Main Street

366 North Main Street, Royal Oak, MI
Property

Retail

11,800 SF
Availability

1 Space

3,000 SF
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Royal Oak commercial real estate market incorporates 379,898 square feet of office space across 34 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Royal Oak commercial real estate market includes 625,504 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Royal Oak market, there is a total of 338,792 square feet of industrial property.

The listing inventory in Royal Oak incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Royal Oak is represented by Industrial space, which accounts for 269,631 square feet of available listings. Office space available in Royal Oak adds up to 157,131 square feet.

Meanwhile, most of the listings of commercial property for sale in Royal Oak are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Royal Oak is $23.22 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Royal Oak can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Royal Oak, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $32 per square foot. In particular, the property type commanding the highest lease rates in Royal Oak was Retail space.

The average size of a commercial property in Royal Oak depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Royal Oak, the average size of an office property is 14,612 square feet.
Retail properties here incorporate an average of 23,167 square feet.
Industrial space in Royal Oak is in buildings that are, on average 56,466 square feet in size.

Royal Oak, MI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Royal Oak currently add up to 514,052 square feet. The market offers 27 active office listing(s), which amount to 149,251 square feet and account for 48% of commercial spaces on the market. Local retail availability includes 100,401 square feet across 21 retail space(s). Industrial space for rent opportunities in Royal Oak amount to 264,400 square feet across a total of 8 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	27	149,251
Retail	21	100,401
Industrial	8	264,400

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Royal Oak, MI. Currently, there is 289,199 square feet of commercial property for sale here , which includes 7 office building(s) for sale , 7 retail investment opportunity listing(s) , and 2 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	7	58,660
Retail	7	134,376
Industrial	2	94,076
Other	1	2,087

Royal Oak, MI Commercial Real Estate for Lease and Sale

512 11 Mile Rd E

2410 West Twelve Mile Road

1800 W 14 Mile Rd

For Lease | Industrial

12415 E 12 Mile Rd.

225 S Main Street

Former MedPost Urgent Care

422 W Eleven Mile Rd

For Lease | Industrial / Office Space

1815 N Main St

For Lease or Sale > Medical / Office

1026 N Main St

26862 Woodward Ave.

29764 Woodward Ave

423 S Washington Ave.

330-332 E Lincoln Ave

29732 Woodward Ave

Main Place of Royal Oak

For Lease | Industrial

366 North Main Street

Frequently Asked Questions

Royal Oak, MI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Royal Oak, MI Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Royal Oak, MI?

What factors affect the price of commercial real estate in Royal Oak, MI?

What is the average rent for commercial space in Royal Oak, MI?

What are the best areas for commercial real estate in Royal Oak, MI?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Royal Oak, MI?

Royal Oak, MI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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About us