10501 Joy Road Detroit, MI $ 800,000
10501 Joy Road
$ 800,000
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10501 Joy Road

Detroit, MI, 48204
$ 800,000
Bedrooms-- Baths-- Sq 9,050

Monthly Estimate*

$ 4,926

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Commercial Property for sale in Detroit, MI

for $800,000. This 9,050 square foot building was built in 2003 on a lot size of 0.55.

Introducing Joy Village Plaza, an 8-unit neighborhood retail center located along the high-traffic Joy Rd corridor in Detroit — offered at $800,000. This plaza is home to a mix of established businesses including a daycare, soul food café, smoke shop, and take-out restaurant, serving as a convenient destination for the surrounding community and generating steady foot and vehicle traffic. With vacant units available, this property presents a value-add opportunity for investors or owner-operators to introduce new businesses, expand services, or curate tenants that align with community demand. Ideal for entrepreneurs seeking to launch or grow retail, service, or food concepts in a visible, well-known location. Property highlights: • 8 retail units • Mix of service and food-based tenants • High visibility on Joy Rd • On-site parking • Opportunity to lease vacant units and increase NOI • Flexibility to add new business concepts Whether you’re looking for an income-producing retail asset with upside or a space to bring new business ideas to the neighborhood, Joy Village Plaza offers both stability and growth potential.

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Commercial Active

Price

$ 800,000

Property Type

Commercial

Taxes

$ 5,797

Style

RealEstateOnly

Lot Size

0.55

Year Built

2003

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261003592

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 0.0
Construction Materials Brick
Year Built 2003
Levels One
Property Subtype RealEstateOnly
Current Use Commercial MixedUse Retail
Business Type Commercial Retail
County Wayne
Net Operating Income 100000.0
Operating Expense 20000.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name ROBERT OAKMAN LAND COS AVIATION FIELD 3
Garage Y/N N
Status Active
Directions Take the Southfield freeway to Joy Rd and directly to the Plaza.
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial Multiple
MLS Area Area05042Det6TireGrnfldLivernois
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 5797.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type MultipleOccupantTypes
Tax Assessed Value 68200
Expected Active Date 2026-01-17
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
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Exterior
Parking Features ParkingLot OnSite
Water Source Public
Foundation Details Slab
Spa N
Building Area Total 9050.0
Lot Dimensions 240X100
Lot Size Acres 0.55
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 9050.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 10501
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* Excluded Features
List By
Genice Hamilton

Listing Agent

Re/Max City Centre

Broker

(313) 265-9934

Phone

Affordability Calculator

$5,409
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,926
Monthly Property Taxes
$483
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.
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Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/17/2026$800,000 Listed Price

Map


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10501 Joy Road, Detroit, MI, 48204 is a Commercial Property for sale at $800,000 with 9,050 sqft and a lot size of 0.55. 10501 Joy Road was built in 2003. The property's zip code is 48204 which is in Detroit, MI