18201 Joy RdDetroit, MI 48228

For Sale
$195,000

Multi-tenant retail building, Detroit, MI.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a 2,156 square foot multi-tenant retail building located at 18201 Joy Road in Detroit, Michigan. The property, built in 1953, sits on a 0.06-acre lot and boasts 100% occupancy, generating immediate cash flow. The building is a single-story structure, zoned B4, offering significant potential for future growth and development. Priced at $195,000 ($90.45 per square foot), this property represents a compelling value proposition in a thriving Detroit market. Convenient street parking is available for tenants and customers. The property is available for immediate purchase, making it an ideal acquisition for investors seeking a stable, income-producing asset. With its prime location and strong tenant occupancy, this retail building offers a rare chance to secure a foothold in a dynamic commercial area. The property's multi-tenant configuration provides diversification and minimizes risk, while the B4 zoning allows for a range of potential uses. This is a turnkey investment ready for immediate returns. Don't miss this opportunity to own a piece of Detroit's vibrant commercial landscape.

Highlights

  • 2,156 square feet available
  • Multi-tenant retail building
  • B4 zoning
  • Ample street parking
  • Immediate availability
  • Sale price: $195,000 ($90.45/sq. ft.)

Property Details for 18201 Joy Rd

Property type
Other retail properties, Retail properties
Square Feet
2,156 SF
Year Built
1953
Buildings
1
Stories
1
Lot Size (sq. ft)
2,614 SF

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.357568
Longitude
-83.2178277
18201 Joy Rd, Detroit, Michigan

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
18201 Joy Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message