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    24611 Gratiot Ave Eastpointe, MI 48021

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    For Sale
    $749,900

    Iconic Eastpointe Manor ideal for retail, office, or entertainment.

    Lot size:
    1.05 Acres

    Property Features for 24611 Gratiot Ave

    General Information

    Lot size
    1.05 Acres

    Building Details

    Year built
    1955

    Source: F L Andary Realty Company Inc Agent Frederick L Andary Jr

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Eastpointe Manor Retail/Office/Entertainment Venue

    The property, known as Eastpointe Manor, is suitable for retail, office, or entertainment use. It features digital signage at a turnaround on Gratiot Avenue. The banquet hall has a capacity of approximately 450 people and can be configured as one large room or two smaller rooms. The property includes two bars and two sets of bathrooms. The irregular-shaped lot is over one acre and provides parking for approximately 100 cars.
    Insight Report Location Intelligence

    Current Use by Public Records

    Eastpointe Manor Banquet Hall

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Bellisario Florist

    Location Insight

    • Map
    • Local Demand
    City
    Eastpointe
    County
    Macomb
    State
    Michigan
    Longitude
    -82.951274
    Latitude
    42.476338

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    FAQs

    What type of property is this?
    Storefront property - Iconic Eastpointe Manor ideal for retail, office, or entertainment.
    Where is this storefront property located?
    The property is located at 24611 Gratiot Ave Eastpointe, MI.
    What is the asking price?
    The asking price for this property is $749,900.
    What are key features of this property?
    This property features: - Banquet Hall: Approximately 450 capacity, divisible into one larger or two smaller rooms.; - High-Visibility Location: Prominent digital signage at turnaround on Gratiot.; - Versatile Use: Ideal for Retail, Office, or Entertainment purposes.
    (313) 886-5670
    Request Owner's contact information
    24611 Gratiot Ave Eastpointe, MI 48021
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    24611 Gratiot Ave Eastpointe, MI 48021
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