$179,900

15142 Joy Road, Detroit, MI 48228

2,062 sqft

Commercial Property
Built in ——
2,178sqft lot
—— car garage
$87/sqft
Listed 1 year ago

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.

Listing Status:: Active
Date Added:: October 28, 2024 at 05:00AM
Listing Office:: RE/MAX Leading Edge : 313-277-7777
Listing Agent:: Nader Rammal : 313-443-6696
MLS ID:: 60350561

Heating: Forced Air

General: BrickBasementSlab

Road/Access: Paved
Originating MLS: MiRealSource
County: Wayne

Zoning: N JOY RD 413 FRISCHKORNS WEST CHICAGO BLVD SUB L46 P11-2 PLATSWCR 22/540 23 X 100

Water: Public

Source: MiRealSource

This listing courtesy of Nader Rammal, RE/MAX Leading Edge

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Henderson Academy

16101 W Chicago St, Detroit, MI, 48228

Grades KG-8

0.71 miles away

Henderson Academy

16101 W Chicago St, Detroit, MI, 48228

Grades KG-8

0.71 miles away

Breithaupt Career and Technical Center

9300 Hubbell St, Detroit, MI, 48228

Grades 9-12

0.51 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.