5318 Alter Road Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48224
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,432 sqft
Price per Sqft $76
MLS Listing ID 20251001440
Year Built 1988
Annual Tax Amount $4,023
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40X125.31
Source Realcomp
Property Description
Check out this beautiful commercial building, formerly operated as a successful party store since 1988. The property is in very good condition, fully up to city code and regulations, and offers a turnkey opportunity for the right buyer. It features 15 walk-in cooler doors, a newer rooftop HVAC system, a newer hot water tank, and a roof that's only seven years old. The store also includes all shelving, countertops, a new cooling compressor, and recently repaved blacktop parking. There is both on-site and street parking available. Tenants are currently on a month-to-month lease, offering flexibility for future plans.The store closed at the end of April 2017 but was a profitable business for nearly three decades. With hard-working new ownership, this location has strong potential to thrive once again. Don't miss this chance to take over a well-maintained property with a proven track record in a high-traffic area.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Commercial,Office
Direction SOUTH OF 94 ON ALTER CORNER OF SOUTHAMPTON AND ALTER
Exterior
View Y/N No
Building
Foundation Slab
Sewer Public
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID 21062955