10501 Joy Road Detroit, MI $ 1,000,000
10501 Joy Road
$ 1,000,000
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10501 Joy Road

Detroit, MI, 48204
$ 1,000,000
Bedrooms-- Baths-- Sq 9,050

Monthly Estimate*

$ 6,239

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Commercial Property for sale in Detroit, MI

for $1,000,000. This 9,050 square foot building was built on a lot size of 0.55.

Welcome to Joy Village Plaza, a fully leased 8-unit retail center located on the bustling corner of Joy Rd in Detroit! This thriving plaza is home to a strong mix of long-term tenants, including a daycare, soul food café, smoke shop, lounge, clothing boutiques, and take-out restaurant - creating consistent traffic and reliable cash flow. With 100% occupancy and diverse tenant types, this plaza offers an excellent opportunity for investors seeking steady income and turnkey ownership in one of Detroit's high-visibility corridors. Features include: • 8 fully leased retail units • High foot and vehicle traffic • Ample on-site parking • Strong tenant mix with neighborhood appeal • Convenient access to major roads and nearby residential areas Whether you're expanding your investment portfolio or seeking a stable commercial property in a prime Detroit location - Joy Village Plaza delivers immediate returns and long-term potential. Fully leased | 8 units | Income-producing opportunity

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Commercial Active

Price

$ 1,000,000

Property Type

Commercial

Taxes

$ 5,797

Style

Commercial/Industrial

Lot Size

0.55

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60948053

Features
General
Heating Forced Air
Possession At Close
Water Public Water
Status Active Active
Year Built 20
Subdivision Robert Oakman Land Cos Aviation Field 3 MI
County Wayne
Class COM/IND/BUS OPP
Type Commercial/Industrial
Ownership Private
Municipality Detroit
Zoning Commercial Mixed Use
Sale/Rent For Sale
Status Detail 0
Area Detroit (82001)
Primary City Detroit
Directions Take the Southfield freeway to Joy Rd and directly to the Plaza.
City Detroit
Financial Terms Cash Conventional
Legal Description S JOY RD 2379 THRU 2384 2411 THRU 2416 ROBERT OAKMAN LAND COS AVIATION FIELD SUB NO 3 L49 P56 PLATS W C R 18/432 240 X 100
DOM 61
Postal Code 48204
Price Per Sq Ft Total AG 110.5
Public Remarks Welcome to Joy Village Plaza a fully leased 8-unit retail center located on the bustling corner of Joy Rd in Detroit! This thriving plaza is home to a strong mix of long-term tenants
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Exterior
Exterior Brick
Frontage 60
Lot Size Area 0.55
Lot Dimensions 240X100
Roads Paved Street
Waterfront Y/N No
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Interior
Fuel Type Natural Gas
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* Excluded Features
List By
Genice Hamilton

Listing Agent

Re/Max City Centre

Broker

buyandsellwithgenice@gmail.com

Email

Affordability Calculator

$6,722
Per Month
93%
7%
0%
Monthly Principal & Interest
$6,239
Monthly Property Taxes
$483
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/8/2025$1,000,000 -16.67% Price Down
10/24/2025$1,200,000 Listed Price

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10501 Joy Road, Detroit, MI, 48204 is a Commercial Property for sale at $1,000,000 with 9,050 sqft and a lot size of 0.55. The property's zip code is 48204 which is in Detroit, MI