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Banquet Hall with Multiple Bar Areas
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24611 GRATIOT AVE, Eastpointe, MI 48021

Banquet hall for events with capacity for about 450 and flexible room layout, plus two bars and two restroom sets.

Property Size9,520 SF
Price / SF$0.74
Days on Market180

Property Features for 24611 GRATIOT AVE

General Information

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

Amenities

3

Building Details

Year Built 19
Listing Agency: F L Andary Realty Company Inc
Listed By: Frederick Andary Jr · License #6501176222
Source: Xome
Added: Feb 12 Changed: Aug 8 Last Checked: Aug 11 at 5:16AM

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.

Iconic banquet hall facility designed for event hosting, with a flexible interior that can be opened to create one larger room or arranged as two smaller rooms. The property includes two bar areas and two sets of bathrooms, supporting simultaneous service across different configurations. Capacity is approximately 450 guests.

The site is situated with digital signage at a Gratiot turnaround. An irregular-shaped lot of over one acre provides approximately 100 parking spaces.

This offering is presented as a versatile venue that can support retail, office, or entertainment-oriented use, based on the stated intended use in the remarks.

Key Highlights

  • Banquet hall/events space with capacity for approximately 450 guests
  • Flexible layout: can open to 1 larger room or split into 2 smaller rooms
  • Two bars and two 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 - Banquet hall for events with capacity for about 450 and flexible room layout, plus two bars and two restroom sets.
Where is this wedding venue located?
The property is located at 24611 GRATIOT AVE Eastpointe, MI.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Banquet hall/events space with capacity for approximately 450 guests; Flexible layout: can open to 1 larger room or split into 2 smaller rooms; Two bars and two sets of bathrooms
More about this property
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