5318 Alter Road, Detroit city, Michigan

$160,000

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2,600

Square feet

0.12

Acres

About 5318 Alter Road

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.

Features of 5318 Alter Road

MLS® # 20251001440
Price $160,000
Bathrooms 0.00
Square Footage 2,600
Acres 0.12
Year Built 1988
Type Commercial
Status Active

Community Information

Address 5318 Alter Road
Area 05055 - Det Con-Mors/Grat. Hstn/7 Mack
Subdivision ABBOTT & BEYMERS SUNDERLAND PARK SUB
City Detroit city
County Wayne
State Michigan
Zip Code 48224

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No

Exterior

Construction Block, Brick
Foundation Slab

School Information

District Detroit

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeS&P Realty
Contact Infobroker@sprealtymi.com

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