546 Monroe St Detroit, MI 48226
- Retail properties
- 52,525 SF
Current Use by Public Records
- Eat-n-Out Pizza / Pizza Restaurant / Bubble Tea Store
Property Details for 546 Monroe St
- Property size
- 52,525 SF
- Property type
- Retail properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.0417
- Latitude
- 42.3351
