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.
Property Details
Price:
$179,900
MLS #:
20240081421
Status:
Active
Beds:
0
Baths:
0
Address:
15142 JOY RD
Type:
Commercial
Subtype:
Business and Real Estate
Subdivision:
FRISCHKORNS W CHICAGO BLVD ALSO P12 PLATS
Neighborhood:
05042 – Det 6-Tire – Grnfld – Livernois
City:
Detroit
Listed Date:
Oct 28, 2024
State:
MI
Finished Sq Ft:
2,062
Total Sq Ft:
2,062
ZIP:
48228
Lot Size:
2,178 sqft / 0.05 acres (approx)
Year Built:
1931
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
Heating
Forced Air, Natural Gas
Exterior
Construction Materials
Brick
Financial
Taxes
$1,019
Map
Community
- Address15142 JOY RD Detroit MI
- SubdivisionFRISCHKORNS W CHICAGO BLVD (ALSO P12 PLATS)
- CityDetroit
- CountyWayne
- Zip Code48228
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