Detroit, MI 48224,5318 Alter Road
$185,000
Est. payment /mo
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2,432 SqFt
Active

5318 Alter Road Detroit, MI 48224

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,432 sqft

Price per Sqft $76

MLS Listing ID 20251001440

Year Built 1988

Annual Tax Amount $4,023

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 40X125.31

Source Realcomp

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 Wayne County - 100

Zoning Commercial,Office

Direction SOUTH OF 94 ON ALTER CORNER OF SOUTHAMPTON AND ALTER

Exterior

View Y/N No

Building

Foundation Slab

Sewer Public

Water Public

Structure Type Brick

Schools

School District Detroit

Others

Tax ID 21062955


Listed by S&P Realty

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agent

Chris Buckely

IL/IN/MI Managing Broker | License ID: IN- RB17001753 | IL- 477013311

+1(312) 313-5553

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5318 Alter Road