$185,000 for Sale

5318 alter road, detroit, MI 48224

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.
General Information
Sale Price: $185,000
Price/SqFt: $76
Status: Active
MLS#: rcomi20251001440
Originating MLS: Realcomp2
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Acres: 0.12
Lot Dimensions: 40X125.31
Size: 2,432 sq.ft.
Acreage: 0.12 est.
Year Built: 1988
Property Type: Commercial
Style:
Tax, Fees & Legal
Est. Summer Taxes:  $3,531
Est. Winter Taxes:  $492


IDX provided courtesy of Realcomp II Ltd. via Crown Real Estate Group and Realcomp II Ltd., ©2025 Realcomp II Ltd. Shareholders Listing By: Shane Parker of S&P Realty, Phone: (734) 333-7219
(810) 730-9353 Call Jim Sproule for more information about this property.

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Listings Presented by:
Jim Sproule
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(810) 730-9353