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    OFF-MARKET
    Retail properties & Spaces

    546 Monroe St, Detroit, MI 48226

    52,525 SF
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 52,525 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Eat-n-Out Pizza Restaurant
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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