Homes for sale - 5318 Alter Road, Detroit, MI 48224

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Rise Realty Group

chris@riserealtymi.com +1(810) 206-2080

$ 160,000

Est. payment | -/mo

2,432 SqFt

Save

$ 160,000

Est. payment | -/mo

Save

2,432 SqFt

Key Details

Property Type Commercial

Sub Type Real Estate Only

Listing Status Active

Purchase Type For Sale

Square Footage 2,432 sqft

Price per Sqft $65

Subdivision Abbott & Beymers Sunderland Park Sub

MLS Listing ID 20251001440

Year Built 1988

Annual Tax Amount $4,023

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 40X125.31

Property Sub-Type Real Estate Only

Source Realcomp II Ltd

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.

Location

State MI

County Wayne

Area Det Con-Mors/Grat. Hstn/7 Mack

Zoning Commercial,Office

Direction SOUTH OF 94 ON ALTER CORNER OF SOUTHAMPTON AND ALTER

Exterior

Road Frontage Paved

Building

Foundation Slab

Sewer Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Block,Brick

Schools

School District Detroit

Others

Tax ID 21062955

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional, Trade/Exchange, Warranty Deed

Listing Terms Cash, Conventional, Trade/Exchange, Warranty Deed

Financing Cash,Conventional,Trade/Exchange,Warranty Deed

Special Listing Condition Full Service

Listed by Shane Parker of S&P Realty

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(810) 206-2080

chris@riserealtymi.com

250 Monroe Ave NW, Grand Rapids, MI, 49503-2211, USA

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5318 Alter Road Detroit, MI 48224