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    Detroit, MI
    Wedding Venue

    Detroit, MI Wedding Venues for Sale

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    17 properties
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    Turnkey Event Venue with Kitchen
    Updated: Mar 31
    Turnkey Event Venue with Kitchen

    W 12869 W Artesian Street Unit SourceFi, Detroit, MI 48223

    $1,300,000
    7,500 sqft
    Remodeled multi‑use commercial building with front office, reception area, and lobby
    Full‑service commercial kitchen with high‑quality appliances, plus tables and chairs included
    2 restrooms and 3 guest facilities
    Large fenced yard with remote controlled gate, plus alarm system
    Updated electrical throughout and furnaces included
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    This listing looks promising.

    Here's a quick look at some key insights for

    W 12869 W Artesian Street Unit SourceFi, Detroit, MI 48223

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    • Est. Cap Rate

      7.6%
      Above avg (5.9%)

    • Est. NOI

      $99K
      Annual

    • Price @ 7% Cap

      $1.41M
      Above asking

    • Property Type

      Miscellaneous (General)
      Built 1950
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    Restaurant and Banquet Venue
    Updated: Jul 21
    Restaurant and Banquet Venue

    12712 Plymouth Rd, Detroit, MI 48227

    $280,000
    4,000 sqft 0.22 AC lot
    4,000 sq. ft. commercial property built in 2000, currently operating as a banquet hall and full‑service restaurant
    80 x 120 ft lot with 80 ft of road frontage
    Fully equipped commercial kitchen and spacious open floor plan
    Modern 2024 renovations
    Ample paved parking on‑site
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    Detroit Entertainment Venue with Licenses
    Detroit Entertainment Venue with Licenses

    20771 Eight Mile W, Detroit, MI 48219

    $2,495,000
    8,736 sqft 0.91 AC lot

    Turnkey entertainment venue with licenses on Detroit's Eight Mile.

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    Banquet Hall and Event Space
    Banquet Hall and Event Space

    13200 Fenkell St, Detroit, MI 48238

    $150,000
    4,384 sqft

    Well-maintained banquet hall with a spacious open event area, four private rooms, and four bathrooms.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Versatile Commercial Building for Sale
    Versatile Commercial Building for Sale

    10320 Van Dyke St, Detroit, MI 48234

    $450,000
    10,000 sqft

    10,000 sq ft commercial building with adaptable floor plan.

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    Detroit Westside Event Center Opportunity
    Detroit Westside Event Center Opportunity

    15715 Schaefer Hwy, Detroit, MI 48227

    $109,900
    2,700 sqft 0.18 AC lot

    2,700 SF event center with full kitchen for sale.

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    Remodeled Multi-Use Commercial Building
    Remodeled Multi-Use Commercial Building

    12869 W Artesian St, Detroit, MI 48223

    $1,300,000

    Turn-key event space with commercial kitchen and flexible layout.

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    Detroit Event Hall For Sale
    Detroit Event Hall For Sale

    13801 Fenkell Ave, Detroit, MI 48227

    Contact for pricing
    3,600 sqft

    3,600 SF event hall, church, or lodge in Detroit.

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    Event Center For Sale
    Event Center For Sale

    9851 CHALMERS St, Detroit, MI 48213

    $195,900
    0.17 AC lot

    Spacious event center suitable for weddings, parties, and more.

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    Versatile Commercial Property with Updates
    Versatile Commercial Property with Updates

    10701 W McNichols Rd, Detroit, MI 48221

    $159,900

    Well-located commercial property suitable for multiple uses with recent updates.

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    Versatile Rental Hall in Detroit
    Versatile Rental Hall in Detroit

    7455 FENKELL St, Detroit, MI 48238

    $150,000

    Commercial property suitable for events and business opportunities in Detroit.

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    Turnkey Banquet Hall and Event Venue
    Turnkey Banquet Hall and Event Venue

    10435 Joy Rd, Detroit, MI 48204

    $350,000
    6,550 sqft

    Turnkey banquet hall features an open event floorplan, dance floor, bar, and nearly 70-space parking lot.

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    Versatile Building for Event Center
    Versatile Building for Event Center

    18907 Schoolcraft, Detroit, MI 48223

    $85,000
    0.05 AC lot

    Adaptable building suitable for events, daycare, or after-school programs.

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    Turnkey Banquet and Retail Building
    Turnkey Banquet and Retail Building

    15403 Harper Ave, Detroit, MI 48224

    Contact for pricing

    Solid concrete block building offers a large open event space, updated interiors, and multiple restrooms and kitchen area.

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    Event Venue with Ample Parking
    Event Venue with Ample Parking

    11326 Whittier St, Detroit, MI 48224

    $190,000

    Spacious event venue with ample parking and easy access to major freeways, available for sale or lease.

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    Multi-Use Event and Retail Building
    Multi-Use Event and Retail Building

    10820 Whittier Street, Detroit, MI 48224

    $194,000

    Building currently operates as an event space with capacity to host two events simultaneously, with room for retail or office use.

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    Banquet Hall Opportunity
    Banquet Hall Opportunity

    15132 Harper Ave, Detroit, MI

    Contact for pricing
    0.15 AC lot

    Banquet hall or congregation center for sale with vacant lot.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 17 Active Listings in Detroit, MI, we suggest to view alternatives - similar 1 Off-Market properties to explore as potential leads.

    Off-Market Properties in Detroit, MI

    Consider similar Off-Market properties in Detroit, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1551 Winder St
    Wedding venues

    1551 Winder St, Detroit, MI 48207

    Value Estimation by Request
    60,000 sqft
    View details

    Detroit, MI Wedding Venues Market Trends and Statistics

    Explore 18 wedding venues for sale in Detroit, MI, showcased through 17 active listings on our real estate platform. These investment opportunities span a total of 47,470 square feet of properties for sale, with an estimated market value of $7,409,700.

    Sale prices for event centers in Detroit, MI start at $85,000, averaging $529,264, and reaching up to $2,495,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Churches & religious facilities 102
    Schools 33
    Wedding venues 31
    Day care centers 21
    NNN properties 14

    Demographics Overview

    Population 850K
    Population Growth (5Y) -4.2%
    Median Household Income $48,716
    College Educated 21.2%

    High-Yield Neighborhoods for Investment

    Identify Detroit submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48238 $150K
    48221 $159.9K
    48227 $173.3K
    48213 $195.9K
    48224 $219.7K

    Taxes & Financing

    Tax Rate (average for all types) 3.32%
    Property Tax per SF $36.71 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Wayne County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Detroit fall within the 10,000 to 25,000 square foot range.

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    Most Searched ZIP Codes in Detroit, MI

    • 48227
    • 48223
    • 48224
    • 48238
    • 48204
    • 48213
    • 48219
    • 48221
    • 48234

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