Detroit, MI 48228
MLS# 20240081421
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.
Listed by Nader Rammal · RE/MAX Leading Edge
Estimate only — principal & interest, no taxes or insurance. Rates change daily; confirm with your lender.
$910/mo
$35,980 down · $143,920 financed
Loading similar listings…
Listing information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use. Listings are provided courtesy of the participating listing broker. This information is believed accurate but is not warranted and all measurements and calculations are approximate.
38 photosActive7801 Dayton Street, Detroit, MI 48210
Detroit, MI 48210
3 bd · 2 ba · 1,354 sqft
35 photosActive12144 Washburn Street, Detroit, MI 48204
Detroit, MI 48204
— bd · 3 ba · —
11 photosActive18491 Rutherford Street, Detroit, MI 48235
Detroit, MI 48235
3 bd · 2 ba · 1,054 sqft