5318 Alter Rd

Detroit, MI 48224
  • $150,000

    Price
  • 0.12

    Acre

About the Listing 431976 - 397534

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.

Listing Highlights for 5318 Alter Rd

Status Active
Days on Site 83
Property Type Commercial Sale
MLS ® 20261067581
Year Built 1988
Lot/Acreage 0.12

Interior Details

  • Appliances:
  • Air Cond:
  • Heating: Forced Air,Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 2432
  • Basement: Slab
  • Other: 1 Story,Forced Air
  • Water: Public (Municipal)

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 40X125.31
  • Zoning: Commercial,Office
  • Roof:
  • Others: Block,Brick,Paved
  • Sewer: Sewer (Sewer-Sanitary)

Financial Details

  • Tax Amount: $3,997
  • Taxes w/Assessments: N/A
  • Tax/Property ID: W21I062955S
  • Tax Year: N/A

Payment Calculator

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Listing Location

Questions About..

5318 Alter Rd Detroit, MI 48224

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Originating MLS: Realcomp II Ltd

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Terri Fenelon

Realtor/Associate Broker | Terri Fenelon Real Estate Group | Real Broker, LLC

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