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5318 Alter Road

Detroit, MI 48224
  • $185,000
  • STATUS: Active
  • ON SITE: 46 Days
  • MLS #: 20251001440
UPDATED: 9 min ago
$185,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,432
    SQFT
  • $76
    $/SQFT
Type:
Commercial
Built:
1988
County:
Zoning:
Commercial,Office
Lot Size Dimensions:
40X125.31

School Ratings & Info

School District:

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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IDX provided courtesy of Realcomp II Ltd. via Berkshire Hathaway HomeServices Snyder & Company, Realtors® and Realcomp II Ltd.. © 2025 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Berkshire Hathaway HomeServices Snyder & Company, Realtors® are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2025-07-08T04:59:27.29.
www.bhhssnyder.com/homes/164125644
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5318 Alter Road Detroit, MI 48224

  • Price: $185,000
  • Status: Active
  • On Site: 46 Days
  • Updated: 9 min ago
  • MLS #: 20251001440
0
Beds
0
Baths
0
½ Baths
0.12
Acres
2,432
SQFT
$76
$/SQFT
1988
Built
Neighborhood:
Abbott & Beymers Sunderland Park Sub
County:
Wayne
Area:
Det Con-mors/Grat. Hstn/7 Mack
School District:
DETROIT
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

Construction Materials BlockBrick Foundation Details Slab Lot Size Dimensions 40X125.31 Road Frontage Feet 40 Road Frontage Type Paved Waterfront YN No

Interior Features

Building Area Source Prior Listing Sq Ft Main 2600 Sq Ft Office 250

Property Features

Business Type Retail Commercial Type Real Estate Only Existing Lease YN No Gross Scheduled Income 0.00 Inventory Included YN No Land Contract YN No Listing Financing CashConventionalTrade/ExchangeWarranty Deed Net Operating Income 0.00 Operating Expense 0.00 Ownership Status Short Sale - NoPrivate Owned Possession At Close Postal City Detroit Protection Period 180 Settlement City Sewer Public Sewer (Sewer-Sanitary) Short Sale No Tax Amount Summer 3531.0000 Tax Amount Winter 492.0000 Title Standard (Private) Total Tax 4023.0000 Unparsed Address 5318 Alter Road Water Source Public (Municipal) Zoning CommercialOffice

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via S&P Realty: (734) 333-7219 and Realcomp, ©2025 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via Berkshire Hathaway HomeServices Snyder & Company, Realtors® and Realcomp II Ltd.. © 2025 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Berkshire Hathaway HomeServices Snyder & Company, Realtors® are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2025-07-08T04:59:27.29.
 
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