Former Restaurant/Bar in Downtown
For Lease
Contact for pricing
1224 Randolph Street, Detroit, MI 48226
Restaurant/bar with equipment in place and possible outside patio.
Space Size6,300 SF
Days on Market1562
Property Features for 1224 Randolph Street
General Information
Standard status
Active
Size
6,300 SF
Property subtype
Retail, Restaurant
Lease Type
NNN
Building Details
Building Size
6,300 SF
Year Built
1929
Tenancy
Single
Spaces For Lease
at 1224 Randolph Street Contact us- Size
- 6,300 SF
- Type
- Restaurant, Retail
- Lease Type
- NNN
- Availability
- Active
Available Space
Listing Agency:
Signature Associates Southfield
(248) 799-3177
Listed By:
Bruce Baja · License #MI 6501279831
Source:
Crexi
Added: May 24, 2022
Changed: Aug 28
Last Checked: Aug 31 at 6:22AM
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 property is a former restaurant and bar, offered for rent. It is located in a prime downtown location and is in excellent condition. The existing equipment includes a hood, pizza oven, and coolers. There is a possibility for an outside patio.
Key Highlights
- Excellent condition, ready for immediate use.
- Prime downtown location.
- Existing restaurant/bar equipment included (hood, pizza oven, coolers).
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
5,753
Businesses Nearby
68k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Similar Off Market Nearby
- Tommy's Detroit Bar & Grill — 624 3rd Ave, Detroit, MI 48226
- Urban Cellars — Crowne Plaza Detroit Downtown Convention Center, 2 Washington Blvd, Detroit, MI 48226
- Joe Muer Seafood — 400 Renaissance Center #1404, Detroit, MI 48243
- Round Bar — 525 W Lafayette Blvd, Detroit, MI 48226
- Cielo Rooftop Bar — 600 W Lafayette Blvd, Detroit, MI 48226
Frequently Asked Questions
What type of property is this?
Bar & Pub - Restaurant/bar with equipment in place and possible outside patio.
Where is this bar & pub located?
The property is located at 1224 Randolph Street Detroit, MI.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Excellent condition, ready for immediate use.; Prime downtown location.; Existing restaurant/bar equipment included (hood, pizza oven, coolers).
