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24611 Gratiot Ave
Eastpointe, MI 48021
Retail Property For Sale
Investment 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.
Executive Summary
This property offers a unique opportunity to acquire a well-established banquet and event facility with exceptional visibility along Gratiot Avenue in Eastpointe. Known as Eastpointe Manor, the venue provides approximately 9,520 square feet of flexible space, supporting a wide range of uses including retail, office, or entertainment. The banquet facility accommodates up to roughly 450 guests, with two bars and two sets of restrooms to support large gatherings. Spaces can be configured as one large hall or divided into two smaller rooms for versatility.
The site sits on more than an acre of land, with an irregular-lot footprint that includes ample parking for approximately 100 vehicles. Positioned at a high-traffic turnaround point along Gratiot Avenue, the property enjoys digital signage exposure and strong area visibility. Its location within Eastpointe’s commercial corridor offers immediate access to nearby residential neighborhoods, retailers, and major arterial roads, creating synergy for future adaptive reuse or continued event-focused operations. For investors or owner-users, this asset represents a rare combination of size, on-site amenities, and prominent roadway presence within a well-established market.
The site sits on more than an acre of land, with an irregular-lot footprint that includes ample parking for approximately 100 vehicles. Positioned at a high-traffic turnaround point along Gratiot Avenue, the property enjoys digital signage exposure and strong area visibility. Its location within Eastpointe’s commercial corridor offers immediate access to nearby residential neighborhoods, retailers, and major arterial roads, creating synergy for future adaptive reuse or continued event-focused operations. For investors or owner-users, this asset represents a rare combination of size, on-site amenities, and prominent roadway presence within a well-established market.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,520 SF
Building Class
C
Year Built
1955
Price
$699,000
Price Per SF
$73.42
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.05 AC
Zoning
B3, Eastpointe - General Business
Parking
100 Spaces (10.5 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
Property Taxes
| Parcel Number | 02-14-30-204-050 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $545,300 |
Property Taxes
Parcel Number
02-14-30-204-050
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$545,300
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