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24611 Gratiot Ave 9,520 SF of Retail Space Available in Eastpointe, MI 48021
Highlights
- Approximately 9,520 SF configured as a banquet and event facility with flexible layouts.
- Over one-acre property with on-site parking for approximately 100 vehicles.
- Versatile property suitable for banquet, entertainment, retail, or office conversion.
- Features include two bars, two sets of restrooms, and seating capacity for roughly 450 guests.
- Digital signage located at a prominent turnaround on Gratiot Avenue for excellent branding opportunities.
- Located in a highly visible Eastpointe commercial corridor with immediate access to major roadways.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 9,520 SF | Negotiable | $8.82 /SF/YR $0.74 /SF/MO $83,966 /YR $6,997 /MO | TBD |
1st Floor
- Fully Built-Out as a Restaurant or Café Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 24611 Gratiot Ave, Eastpointe, MI 48021
- Tenant
- Description
- US Locations
- Reach
- Eastpointe Manor
- Restaurant
- 1
- -
| Tenant | Description | US Locations | Reach |
| Eastpointe Manor | Restaurant | 1 | - |
Property Facts
| Total Space Available | 9,520 SF | Gross Leasable Area | 9,520 SF |
| Property Type | Retail | Year Built | 1955 |
| Property Subtype | Freestanding | Parking Ratio | 10.5/1,000 SF |
| Total Space Available | 9,520 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 9,520 SF |
| Year Built | 1955 |
| Parking Ratio | 10.5/1,000 SF |
About the Property
This unique property on Gratiot Avenue offers an exceptional opportunity for tenants seeking a high-visibility location with significant functional flexibility. Currently configured as a banquet and event facility, the building spans approximately 9,520 square feet and features adaptable spaces that can be tailored to various uses such as entertainment, retail, or office. Two generous event areas can operate independently or as one large venue, supported by two fully equipped bars and multiple restroom facilities. Set on over one acre, the property provides approximately 100 parking spaces, supporting high-traffic operations or customer-centric businesses. Prominent digital signage located at a key turnaround point along Gratiot Avenue enhances branding and captures steady commuter traffic, maximizing market exposure. Situated on a major commercial corridor in Eastpointe, tenants benefit from convenience and accessibility to Detroit’s metro region, as well as proximity to surrounding neighborhoods and retail destinations. This location’s visibility and vibrant setting position it as an attractive choice for businesses seeking a versatile layout in a well-connected area.
- Signage
Nearby Major Retailers
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24611 Gratiot Ave
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