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Restaurant Building with Equipment
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1224 Randolph St, Detroit, MI 48226

Former food-and-beverage venue with installed cooking, cooling, and ventilation equipment.

Property Size6,300 SF
Days on Market770

Property Features for 1224 Randolph St

General Information

Standard status Active
Size 6,300 SF
Property subtype Retail
Zoning B4

Additional Details

Commercial Hood Yes

Building Details

Building Size 6,300 SF
Year Built 1929
Year Renovated 2013
Buildings 1
Stories 2
Listing Agency: Signature Associates - Southfield
Listed By: Peter Vanderkaay · License #6501279831
Source: Cpix.resimplifi
Added: Jul 24, 2024 Changed: Aug 29 Last Checked: Aug 29 at 5:01PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Signature Associates - Southfield

Investment Insights

Based on property information with market context.

This 6,300 SF conventional restaurant property at 1224 Randolph St includes an existing hood, pizza oven, and coolers. The building dates to 1929 and was formerly operated as a restaurant and bar, with equipment remaining in place for continued food-service use.

The property is in downtown Detroit, MI 48226, and carries B4 zoning. An outdoor patio may be possible, adding another potential component to the existing indoor restaurant configuration. The combination of established restaurant improvements, in-place equipment, and a downtown setting provides a clear physical foundation for a food-and-beverage operation.

Key Highlights

  • 6,300 SF conventional restaurant property
  • Existing hood, pizza oven, and coolers included
  • Former restaurant and bar use

Property Analytics

Current Use

Great Lakes Burger ... Restaurant Giordano's Restaurant

Suggested Use

Top Pick Auto Parts Store Electrical Service Kitchen & Bath Showroom HVAC Service Veterinary Clinic Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

5,753
Businesses Nearby
68k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 63% Shops & Services 37%
Speedway Shops & Services
17,648 visits/mo 0.4 miles
Hilton Garden Inn Detroit Downtown Hotels & Casinos
13,735 visits/mo 0.1 miles
Hotel Indigo Detroit Downtown Hotels & Casinos
12,361 visits/mo 0.4 miles
Fort Pontchartrain a Wyndham Hotel Hotels & Casinos
9,506 visits/mo 0.5 miles
Element Detroit At The Metropolitan Hotels & Casinos
6,858 visits/mo 0.3 miles

Demographics for 48226, MI

6,307
Population
5,160
Households
1.2
Avg Household Size
37
Median Age
53%
College-Educated
93%
High-School Grad
1.2 sq mi
ZIP Area
5,256
Density / Sq Mi
$69,813
Median Household Income
$60,957
Median Earnings
$1,714
Median Rent
$307,700
Median Home Value

Market

Vacancy Rate% for Retail in Detroit, MI

7.5% 2019
9.2% 2020
8.5% 2021
7.3% 2022
7.9% 2023
7% 2024
7% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Former food-and-beverage venue with installed cooking, cooling, and ventilation equipment.
Where is this conventional restaurant located?
The property is located at 1224 Randolph St Detroit, MI.
What are key features of this property?
This property features: 6,300 SF conventional restaurant property; Existing hood, pizza oven, and coolers included; Former restaurant and bar use
More about this property
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