Detroit, MI 48228,15142 JOY Road
Detroit, MI 48228,15142 JOY Road
Detroit, MI 48228,15142 JOY Road
Detroit, MI 48228,15142 JOY Road
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$ 199,000
Est. payment | /mo

2,062 SqFt


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$ 199,000
Est. payment | /mo
Save

2,062 SqFt

Key Details

Property Type Commercial

Sub Type Business And Real Estate

Listing Status Active

Purchase Type For Sale

Square Footage 2,062 sqft

Price per Sqft $96

Subdivision Frischkorns W Chicago Blvd (Also P12 Plats)

MLS Listing ID 20240059694

Originating Board Realcomp II Ltd

Year Built 1931

Annual Tax Amount $1,019

Lot Size 2,178 Sqft

Acres 0.05

Lot Dimensions 23.00 x 100.00

Property Description

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.

Location

State MI

County Wayne

Area Det 6-Tire - Grnfld - Livernois

Zoning Commercial,Light Industrial,Office,Residential

Direction S of Joy Rd / E of Greenfield

Interior

Heating Forced Air

Heat Source Natural Gas

Exterior

Pool No

Waterfront no

Road Frontage Paved

Building

Foundation Slab, Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Level or Stories 1 Story

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W22I003072S

Ownership Short Sale - No,Private Owned

Assessment Amount $100

Acceptable Financing Cash, Contract, Conventional

Listing Terms Cash, Contract, Conventional

Financing Cash,Contract,Conventional

Special Listing Condition Full Service

Realcomp MLS
Listed by RE/MAX Leading Edge

GET MORE INFORMATION

Michael Williams

Agent | License ID: 6501429456

+1(248) 687-9155 | mike@thelonswayteam.com

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15142 JOY Road