Check out this beautiful commercial building, formerly operated as a successful party store since 1988. The property is in very good condition, fully up to city code and regulations, and offers a turnkey opportunity for the right buyer. It features 15 walk-in cooler doors, a newer rooftop HVAC system, a newer hot water tank, and a roof that’s only seven years old. The store also includes all shelving, countertops, a new cooling compressor, and recently repaved blacktop parking. There is both on-site and street parking available. Tenants are currently on a month-to-month lease, offering flexibility for future plans.
The store closed at the end of April 2017 but was a profitable business for nearly three decades. With hard-working new ownership, this location has strong potential to thrive once again. Don’t miss this chance to take over a well-maintained property with a proven track record in a high-traffic area.
The store closed at the end of April 2017 but was a profitable business for nearly three decades. With hard-working new ownership, this location has strong potential to thrive once again. Don’t miss this chance to take over a well-maintained property with a proven track record in a high-traffic area.
Property Details
Price:
$185,000
MLS #:
20251001440
Status:
Active
Beds:
0
Baths:
0
Address:
5318 Alter Road
Type:
Commercial
Subtype:
Real Estate Only
Subdivision:
ABBOTT & BEYMERS SUNDERLAND PARK SUB
Neighborhood:
05055 – Det Con-Mors/Grat. Hstn/7 Mack
City:
Detroit
Listed Date:
May 22, 2025
State:
MI
Finished Sq Ft:
2,600
Total Sq Ft:
2,432
ZIP:
48224
Year Built:
1988
See this Listing
Meet Andrea Stephan, an accomplished real estate professional with industry experience and a heart dedicated to service. With a background in education, Andrea began her journey as a former teacher, where her passion for nurturing others blossomed. Transitioning seamlessly into the business world, Andrea played a pivotal role in building a property management company from the ground up. Her relentless dedication and innate ability to connect with others have been instrumental to her success. C…
More About AndreaMortgage Calculator
Schools
School District:
Detroit
Interior
Exterior
Construction Materials
Block, Brick
Financial
Taxes
$4,023
Map
Community
- Address5318 Alter Road Detroit MI
- SubdivisionABBOTT & BEYMERS SUNDERLAND PARK SUB
- CityDetroit
- CountyWayne
- Zip Code48224
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5318 Alter Road
Detroit, MI
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