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Additional details
$ 160,000
Est. payment /mo
Active
5318 Alter RD Detroit, MI 48224
2,600 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type RealEstateOnly
Listing Status Active
Purchase Type For Sale
Square Footage 2,600 sqft
Price per Sqft $61
Subdivision Abbott & Beymers Sunderland Park Sub
MLS Listing ID 20251001440
Year Built 1988
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type RealEstateOnly
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.
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 Area05055Detconmorsgrathstn7Mack
Interior
Fireplace No
Exterior
View Y/N No
Garage false
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Schools
High Schools Detroit
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, Conventional, Trade1031Exchange, WarrantyDeed
Listing Terms Cash, Conventional, Trade1031Exchange, WarrantyDeed
Special Listing Condition ShortSaleNo, Standard
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Listed by Shane Parker of S&P Realty
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