15142 JOY Road, Detroit, MI 48228

$200,000

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List Price
$200,000
Price Change
▲ $20,100 1790631843
Days on Market
713
MLS#
20240081421
Status
ACTIVE
Type
Commercial

Property Description

Prime Investment Opportunity on Joy Rd: This commercial real estate package offers three parcels, including a separate upper efficiency apartment, all on a 60 x 100 lot in a highly sought-after area known for its thriving auto industry. Just minutes from Dearborn, the property boasts modern updates, including new electrical, plumbing, and roofing, along with two brand-new door bays. The apartment, with its separate entrance and utilities, enhances rental appeal.Currently generating $2,500 in monthly income from a successful detail shop and rented apartment, this property offers significant potential for expansion. With security fencing in place and ample parking for up to 18 cars, the additional vacant space is perfect for storage, warehousing, or further development. Seize this opportunity to invest in a versatile property with a solid income stream and room to grow.

Additional Information

Taxes
$1,019
Acres
0.05
Basement
Basement
Heating
Forced Air
School District
Detroit
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Nader Rammal from Listing Office: RE/MAX Leading Edge.

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