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5318 Alter

Detroit, MI 48224
  • $185,000
  • STATUS: Active
  • ON SITE: 48 Days
  • MLS #: 20251001440
UPDATED: 22 min ago
$185,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,432
    SQFT
  • $76
    $/SQFT
Type:
Commercial
County:

School Ratings & Info

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 thats 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. Dont miss this chance to take over a well-maintained property with a proven track record in a high-traffic area.

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[MiRealSource] logo ©2025 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2025-07-10T19:54:01.843.
www.sellsmi.com/homes/164125370
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5318 Alter Detroit, MI 48224

  • Price: $185,000
  • Status: Active
  • On Site: 48 Days
  • Updated: 22 min ago
  • MLS #: 20251001440
0
Beds
0
Baths
0
½ Baths
0.12
Acres
2,432
SQFT
$76
$/SQFT
Neighborhood:
Abbott & Beymers Sunderland Park Sub
County:
Wayne
Area:
Detroit (82001)
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 thats 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. Dont miss this chance to take over a well-maintained property with a proven track record in a high-traffic area.
Exterior Features

Exterior Construction Brick Foundation Type Slab Frontage 40 Lot Size 40X125.31 Roads Paved Street Waterfront YN No

Interior Features

Basement YN No

Property Features

Business Type Retail Commercial Type Commercial/Industrial Financial Terms CashConventionalExchange/Trade Lease YN No Municipality Detroit Occupant Shane Parker Ownership Private SEV 63300 Sewer Septic Public Sanitary Subject To Short Sale Approval No Summer Tax Amount 3531 Taxable Value 63300 Total Tax Amount 4023 Water Public Water Winter Tax Amount 492 Zoning Professional OfficeCommercial

Listing courtesy of S&P Realty : 734-333-7219.

Source MLS: MiRealSource
Originating MLS: Realcomp

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2025 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2025-07-10T19:54:01.843.
 
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The BRAND Real Estate
5400 Gateway Center Ste B
Mundy Twp MI, 48507