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Banquet Hall and Event Venue
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24611 GRATIOT Avenue, Eastpointe, MI 48021

Flexible banquet hall with room options, two bars, and ample parking for retail, office, or entertainment uses.

Property Size9,520 SF
Price / SF$73.52
Days on Market394

Property Features for 24611 GRATIOT Avenue

General Information

Standard status Active
Size 9,520 SF
Total Parking Spaces 100
Property subtype Land

Building Details

Year Built 1955
Listing Agency: F L Andary Realty Company Inc
Listed By: fred andary · License #6501176222
Source: Crexi
Added: Jul 9, 2025 Changed: Jul 10 Last Checked: Aug 6 at 10:14AM

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 F L Andary Realty Company Inc

Investment Insights

Based on property information with market context.

This property is an iconic banquet hall and event venue with a banquet space that accommodates approximately 450 guests. The interior can be configured to open to one larger room or divided into two smaller rooms. It also includes two bars and two sets of bathrooms to support events and guest service. The site sits on an irregular-shaped lot over 1 acre.

The property features digital signage located at the turnaround on Gratiot Avenue, providing prominent on-site visibility for a variety of uses. Parking is available on site with approximately 100 spaces.

The flexible room layout and event-focused amenities make the building a practical fit for operators seeking entertainment and gathering space, while the listing also notes suitability for retail or office use. With on-site parking and multiple bar and restroom areas already in place, the property can support a range of planned operations without requiring a complete redesign of basic guest flow and service points.

Key Highlights

  • Year built 1955 building with flexible banquet‑hall layout for retail, office, or entertainment use
  • Banquet hall capacity approximately 450 guests; can be opened to 1 larger room or split into 2 smaller rooms
  • Includes 2 bars and 2 sets of bathrooms

Property Analytics

Current Use

Eastpointe Manor Wedding Service

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Gym & Fitness Center HVAC Service Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

633
Businesses Nearby
68k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 39% Shops & Services 39% Superstores 22%
Dollar Tree Shops & Services
18,315 visits/mo 0.5 miles
Big Lots Superstores
14,843 visits/mo 0.4 miles
Little Caesars Pizza Dining
13,780 visits/mo 0.4 miles
Olive Garden Dining
12,676 visits/mo 0.4 miles
Family Dollar Shops & Services
5,289 visits/mo 0.5 miles

Demographics for 48021, MI

34,244
Population
14,124
Households
2.4
Avg Household Size
37
Median Age
15%
College-Educated
89%
High-School Grad
5.1 sq mi
ZIP Area
6,715
Density / Sq Mi
$58,196
Median Household Income
$35,836
Median Earnings
$1,335
Median Rent
$129,100
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Wedding venue - Flexible banquet hall with room options, two bars, and ample parking for retail, office, or entertainment uses.
Where is this wedding venue located?
The property is located at 24611 GRATIOT Avenue Eastpointe, MI.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Year built 1955 building with flexible banquet‑hall layout for retail, office, or entertainment use; Banquet hall capacity approximately 450 guests; can be opened to 1 larger room or split into 2 smaller rooms; Includes 2 bars and 2 sets of bathrooms
More about this property
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