16800 Joy Road Detroit, MI ^$ 1,500,000

16800 Joy Road

^$ 1,500,000

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Recently Listed

16800 Joy Road

Detroit, MI, 48228

^$ 1,500,000

Bedrooms-- Baths-- Sq 4,350

Monthly Estimate*

^$ 9,471

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Commercial Property for sale in Detroit, MI

for $1,500,000. This 4,350 square foot building was built on a lot size of 0.22.

Fully remodeled and state of the art liquor store available! Every single thing is less than 1 year old, including the roof. Take the keys and start making money from day 1!!!! No ebt, no check cashing, and short hours means you will have a lot of chances to increase the business and increase the profits. With hundreds of newer apartments across the street, and a consistent flow of traffic since you are close to the freeway, the business is there for the right owner to take advantage of it. SBA approved with about 25% down payment. You do not need to spend any money on this store for at least 15-20 years!

Commercial Active

Price

^$ 1,500,000

Property Type

Commercial

Taxes

^$ 4,649

Style

Commercial/Industrial

Lot Size

0.22

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

61032504

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Active

Year Built 19

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership Private

Municipality Detroit

Zoning Commercial

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Detroit (82001)

Primary City Detroit

Directions Head east from Southfield Freeway and the store will be on the north side of the road

City Detroit

Financial Terms Cash

Legal Description N JOY RD E 5 FT 12 13 THRU 16 MADAY MINORS EST SUB L53 P75 PLATS W C R 22/293 91.20 X 103

DOM 2

Postal Code 48228

Price Per Sq Ft Total AG 344.83

Public Remarks Fully remodeled and state of the art liquor store available! Every single thing is less than 1 year old including the roof. Take the keys and start making money from day 1!!!! No ebt no check cashing

Exterior

Exterior Brick Other

Frontage 91

Lot Size Area 0.22

Lot Dimensions 104 x 91

Roads Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Joseph Tinpan

Listing Agent

New Michigan Realty, Llc

Broker

josephtinpan@gmail.com

Affordability Calculator

$9,859

Per Month

Monthly Principal & Interest: $9,471
Monthly Property Taxes: $387
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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

Trends
Schools

Commerical listings in Detroit, MI

Average List Price ^$472,396

Percent of Sale Price 69%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/22/2026	$1,500,000		Listed Price

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16800 Joy Road, Detroit, MI, 48228 is a Commercial Property for sale at $1,500,000 with 4,350 sqft and a lot size of 0.22. The property's zip code is 48228 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

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16800 Joy Road

Commercial Property for sale in Detroit, MI

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