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1528 Gratiot Ave
Detroit, MI 48207 Lafayette Park

$5,625 USD/MO

Restaurant For Lease  •  2,700 SF

Property Details

  • Property Type Restaurant
  • Year Built 1907
  • Total Building Size 7,248 SF
  • Tenancy Multiple
  • Building Class B
  • Zoning B-4
59 Transit Score
88 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste 1 Retail 2,700 SF $25.00 USD/SF/YR
"Prime Eastern Market Restaurant/Cafe/Retail Opportunity

This exceptional two-story space, ideally located on Gratiot, offers a turnkey opportunity in the heart of Detroit's vibrant Eastern Market. Designed as a restaurant, the space features a striking glass-front exterior and is within easy walking distance of one of the city's most popular destinations.

The main level showcases a spacious dining area and a brand-new, fully equipped open kitchen, complete with state-of-the-art ventilation and unused, high-quality equipment (available for purchase). A unique stairwell leads to the lower level, where built-in banquet seating creates the potential for a stylish speakeasy or versatile flex space. This level also includes ample storage, a dedicated prep area, and a convenient dumbwaiter connecting both floors.

A Class C liquor license is available for purchase or lease, providing immediate potential for revenue generation. This is a rare chance to capitalize on the ongoing Detroit renaissance and establish your thriving business in a coveted location.

  • Date available: Apr 2025
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Restaurants And Cafes
  • Space Type: New

Description

"Prime Eastern Market Restaurant/Cafe/Retail Opportunity

This exceptional two-story space, ideally located on Gratiot, offers a turnkey opportunity in the heart of Detroit's vibrant Eastern Market. Designed as a restaurant, the space features a striking glass-front exterior and is within easy walking distance of one of the city's most popular destinations.

The main level showcases a spacious dining area and a brand-new, fully equipped open kitchen, complete with state-of-the-art ventilation and unused, high-quality equipment (available for purchase). A unique stairwell leads to the lower level, where built-in banquet seating creates the potential for a stylish speakeasy or versatile flex space. This level also includes ample storage, a dedicated prep area, and a convenient dumbwaiter connecting both floors.

A Class C liquor license is available for purchase or lease, providing immediate potential for revenue generation. This is a rare chance to capitalize on the ongoing Detroit renaissance and establish your thriving business in a coveted location.

Entire building for sale - Please reach out to Katie Kutscher: 248-416-4288/klkwrealestate@gmail.com for more information.

Highlights

Two-story space with prime Gratiot Frontage
Walking distance to popular Eastern Market attractions
Brand-new, fully equipped open kitchen
Fire Suppression
Lower-level flex space with banquet seating
Class C Liquor License

Amenities

  • Corner Lot
  • Restaurant
  • Signage
  • Roof Terrace
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Detroit (Wolverine - Amtrak) 8 min - 3.7 mi
Windsor (Toronto - Windsor - VIA Rail) 14 min - 5.6 mi
Transit/SubwayDriveWalkDistance
Greektown (Detroit People Mover - Detroit People Mover) 4 min 16 min 0.9 mi
Bricktown (Detroit People Mover - Detroit People Mover) 4 min 19 min 1.0 mi
Broadway (Detroit People Mover - Detroit People Mover) 5 min 20 min 1.1 mi
AirportDriveWalkDistance
Windsor International 27 min - 11.5 mi
Detroit Metro Wayne County 33 min - 24.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Katie Kutscher 248-416-4882 Real Estate One-Royal Oak
Katie Kutscher 248-416-4882 Real Estate One-Royal Oak