Mixed-Use Property with Restaurant
For Lease
Contact for pricing
1401-1417 Gratiot Ave, Detroit, MI 48207
Restaurant space is available within a mixed-use development with on-site surface parking and B-4 zoning.
Space Size17,634 SF
Days on Market8
Property Features for 1401-1417 Gratiot Ave
General Information
Standard status
Active
Size
17,634 SF
Property subtype
Retail
Zoning
B-4
Additional Details
Space Use
Restaurant
Corner Location
Yes
Amenities
on-site surface parking
Building Details
Building Size
17,634 SF
Year Built
1900
Tenancy
Single
Spaces For Lease
at 1401-1417 Gratiot Ave Contact us- Size
- 17,634 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
#1
Listing Agency:
NAI Farbman Southfield
Listed By:
Rick Ax · License #6506040861
(248) 842-0314
Source:
Crexi
Added: Aug 28
Changed: Sep 1
Last Checked: Sep 1 at 9:26PM
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 NAI Farbman Southfield
Investment Insights
Based on property information with market context.
Busy Bee Properties is a mixed-use development at 1401-1417 Gratiot Ave in Detroit, Michigan. The 1900-built property includes restaurant space available for lease and on-site surface parking, with additional municipal parking options. The site is positioned at the corner of Gratiot and Russell near Eastern Market and the Gratiot Entertainment Center. B-4 General Business District zoning supports the property’s commercial setting. Walk Score is 88 and Transit Score is 64, providing measurable pedestrian and transit access for the location.
Key Highlights
- Restaurant space available for lease
- Mixed‑use development at Gratiot and Russell
- B‑4 General Business District zoning
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,335
Businesses Nearby
13k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
9,554 visits/mo
0.4 miles
Chase Bank
Shops & Services
3,760 visits/mo
0.4 miles
Demographics for 48207, MI
21,704
Population
13,026
Households
1.7
Avg Household Size
42
Median Age
35%
College-Educated
88%
High-School Grad
6.3 sq mi
ZIP Area
3,445
Density / Sq Mi
$44,561
Median Household Income
$43,377
Median Earnings
$1,040
Median Rent
$193,800
Median Home Value
Market
Lease Benchmarks for Detroit, MI
$21.9 /SF/Yr
Avg Asking Price
$2.85–$50 /SF/Yr
Price Range
35,641 SF
Avg Space Size
Vacancy Rate% for Retail in Detroit, MI
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Restaurant space is available within a mixed-use development with on-site surface parking and B-4 zoning.
Where is this mixed-use property located?
The property is located at 1401-1417 Gratiot Ave Detroit, MI.
What are key features of this property?
This property features: Restaurant space available for lease; Mixed‑use development at Gratiot and Russell; B‑4 General Business District zoning
