546 Monroe St, Detroit, MI 48226
This exceptional retail opportunity is located in the vibrant heart of Detroit's Greektown, a renowned cultural, entertainment, and nightlife destination. The property, situated at 546 Monroe St, Detroit, MI 48226, offers a total of 52,525 square feet of commercial space, divided into four suites. Currently, 14,525 square feet is available for lease, with minimum divisible space of 2,300 square feet and a maximum contiguous space of 6,925 square feet. The property boasts prime street frontage on both Monroe Street and St. Antoine Street, ensuring high visibility and foot traffic. Benefiting from the proximity to the Hollywood Greektown Casino, this location enjoys significant daily traffic from both local residents and tourists, with an estimated 14,000 daily casino visitors. In addition to the street-level retail spaces, a unique opportunity exists for a tenant to lease and activate a 38,000 square foot entertainment/conference center, originally designed to accommodate approximately 1,400 guests. This presents a rare chance to establish a significant presence in one of Detroit's most dynamic districts. This Wayne County property is ideal for businesses seeking high visibility and access to a large, diverse customer base.
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Eat-n-Out Pizza Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.