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5318 Alter Road, Detroit City, MI 48224
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$160,000
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Home Details for 5318 Alter Road
Price
$160,000
Type
Commercial/Industrial
Year Build
1988
Sq. Ft.
2600
Lot Size
0.12
County
Wayne
Tax
$4,023
MLS®️ Listing#
20251001440
On exitrealty.com
212 days
Property Description
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.
- Cooling Information
- None
- Heating Information
- None
- Water Features
- Public
Listing Courtesy: S&P Realty - 734-333-7219
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Market statistics compiled from data from Michigan Regional Information Center.
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EXIT UNITED REALTY PROFESSIONALS
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$160,000
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EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220