18434 Joy Road
Detroit, MI, 48228 $ 125,000
Bedrooms-- Baths2.0 Monthly Estimate*
$ 770
for $125,000 with 2 full baths. This building was built in 1948 on a lot size of 0.09.
Prime Commercial Opportunity on Detroit's West Side! Position your business for success in this freshly painted, highly visible commercial building formerly known as Londie's Lounge. Located on busy Joy Road near the Southfield Freeway, this approximately 2,000-square-foot property offers exceptional exposure in an established commercial corridor with steady traffic and strong neighborhood presence. Situated adjacent to the Edison Detroit Public Library and surrounded by residential and commercial developments, the property presents endless possibilities for entrepreneurs and investors alike. The open layout can accommodate a variety of uses, including a restaurant, lounge, banquet space, retail store, office, event venue, community center, or other commercial ventures (subject to zoning approval). Recent exterior improvements provide excellent curb appeal, making this a turnkey opportunity for an owner-operator or investor looking to customize the interior for their vision. As- Is Prime Commercial Opportunity on Detroit's West Side! Position your business for success in this freshly painted, highly visible commercial building formerly known as Londie's Lounge. Located on busy Joy Road near the Southfield Freeway, this approximately 2,000-square-foot property offers exceptional exposure in an established commercial corridor with steady traffic and strong neighborhood presence. Situated adjacent to the Detroit Public Library and surrounded by residential and commercial developments, the property presents endless possibilities for entrepreneurs and investors alike. The open layout can accommodate a variety of uses, including a restaurant, lounge, banquet space, retail store, office, event venue, community center, or other commercial ventures (subject to zoning approval). Recent exterior improvements provide excellent curb appeal, making this a turnkey opportunity for an owner-operator or investor looking to customize the interior for their vision. Property Highlights: " Approximately 2,000 square feet " Freshly painted exterior " High-visibility Joy Road location near Southfield Freeway " Adjacent to the Detroit Public Library " Ample potential for multiple commercial uses " Established neighborhood with consistent traffic " Excellent owner-user or investment opportunity Please note: Liquor license is NOT included in the sale. Bring your vision and transform this iconic neighborhood property into your next successful business venture!
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FeaturesInteriorInterior Amenities Broadband
Total Stories 1
Basement (Y/N) N
Heating Y/N Y
Total Baths 2
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GeneralHeating Forced Air
Utilities Natural Gas Available Electricity Available Natural Gas Connected Electricity Connected
Possession Close Of Escrow
Exclusions Liquor License
Year Built 1948
Township Detroit City
Property Subtype Retail
Tax Year 2025
Business Type Other Professional/Office Professional Service Restaurant Bar/Tavern/Lounge Retail Recreation
County Wayne
New Construction N
Property Type Commercial Sale
Full Baths 2
Status Coming Soon
Directions From Southfield Fwy head westbound. On Northside of the street right after library.
City Detroit
High School District Detroit
Number Of Units Total 1
Lot Size Units Acres
Lot Size Square Feet 3920.0
Listing Terms Conventional Cash
Land Lease Y/N N
Tax Annual Amount 7328.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Coming Soon
Tax Assessed Value 35694
Legal Description N JOY RD 258&257 DANA PARK SUB L57 P91 PLATS W C R 22/314 40 X 93
Senior Community None
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ExteriorInclusions Real Estate Inventory Furniture Equipment
Lot Size Area 0.09
Number of Buildings 1
Spa N
Building Area Total 2000.0
Lot Dimensions 40 x 92
Lot Size Acres 0.09
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList Bysoldbymbrown@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $770
- Monthly Property Taxes
- $611
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyCommerical listings in Detroit, MI
Average List Price $454,827
Percent of Sale Price 264%
About Detroit, MI 633,657 Population
-33% Since 2002
$ 26,977 Median Income
36.23 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
3706345 Elementary School
3706341 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/16/2026 | $125,000 | | Listed Price |