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$200,000
Est. payment /mo
2,062 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type BusinessandRealEstate
Listing Status Active
Purchase Type For Sale
Square Footage 2,062 sqft
Price per Sqft $96
Subdivision Frischkorns W Chicago Blvd (Also P12 Plats)
MLS Listing ID 20240081421
Year Built 1931
Lot Size 2,178 Sqft
Acres 0.05
Property Sub-Type BusinessandRealEstate
Property Description
Prime Investment Opportunity on Joy Rd: This commercial real estate package offers three parcels, including a separate upper efficiency apartment, all on a 60 x 100 lot in a highly sought-after area known for its thriving auto industry. Just minutes from Dearborn, the property boasts modern updates, including new electrical, plumbing, and roofing, along with two brand-new door bays. The apartment, with its separate entrance and utilities, enhances rental appeal.
Currently generating $2,500 in monthly income from a successful detail shop and rented apartment, this property offers significant potential for expansion. With security fencing in place and ample parking for up to 18 cars, the additional vacant space is perfect for storage, warehousing, or further development. Seize this opportunity to invest in a versatile property with a solid income stream and room to grow.
Currently generating $2,500 in monthly income from a successful detail shop and rented apartment, this property offers significant potential for expansion. With security fencing in place and ample parking for up to 18 cars, the additional vacant space is perfect for storage, warehousing, or further development. Seize this opportunity to invest in a versatile property with a solid income stream and room to grow.
Location
State MI
County Wayne
Area Area05042Det6Tiregrnfldlivernois
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
View Y/N No
Building
Foundation Basement, Block, Slab
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, Contract, Conventional
Listing Terms Cash, Contract, Conventional
Special Listing Condition ShortSaleNo, Standard
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Listed by Nader Rammal of RE/MAX Leading Edge
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