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Convenience Store with Beer & Wine License
For Sale
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16140 Joy Rd, Detroit, MI 48228

Former party and beer-and-wine retail operation with a license included in the sale.

Property Size2,046 SF
Price / SF$83.04
Days on Market158

Property Features for 16140 Joy Rd

General Information

Standard status Active
Size 2,046 SF
Property subtype Retail, Special Purpose
Lease Type Gross

Additional Details

Liquor License Yes
Listing Agency: Own It Realty
Listed By: Hassan Scheib · License #MI 6502399271
Source: Crexi
Added: Mar 26 Changed: Aug 29 Last Checked: Aug 29 at 4:56PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Own It Realty

Investment Insights

Based on property information with market context.

This grocery and convenience store property is located at 16140 Joy Rd in Detroit, Michigan. The premises previously operated as a party and beer-and-wine store, providing an established retail-use history for the site.

A beer-and-wine license is included with the sale. The property size is listed as 2,046, and the asset is offered for sale as a convenience-store property.

Key Highlights

  • Beer‑and‑wine license included with the sale
  • Former party and beer‑and‑wine store operation
  • Property size listed as 2,046

Property Analytics

Current Use

Mickey's Party Store Grocery & Convenience Store Kasey's Beer & Wine (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Gym & Fitness Center Skin Care Clinic Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

378
Businesses Nearby
21k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 54% Shops & Services 46%
White Castle Dining
11,027 visits/mo 0.3 miles
Advance Auto Parts Shops & Services
5,244 visits/mo 0.3 miles
Sunoco Shops & Services
4,291 visits/mo 0.1 miles

Demographics for 48228, MI

53,893
Population
22,620
Households
2.4
Avg Household Size
31
Median Age
11%
College-Educated
78%
High-School Grad
8.9 sq mi
ZIP Area
6,055
Density / Sq Mi
$31,485
Median Household Income
$27,533
Median Earnings
$1,086
Median Rent
$55,100
Median Home Value

Market

Vacancy Rate% for Retail in Detroit, MI

7.5% 2019
9.2% 2020
8.5% 2021
7.3% 2022
7.9% 2023
7% 2024
7% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Former party and beer-and-wine retail operation with a license included in the sale.
Where is this grocery and convenience store located?
The property is located at 16140 Joy Rd Detroit, MI.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: Beer‑and‑wine license included with the sale; Former party and beer‑and‑wine store operation; Property size listed as 2,046
(313) 646-7363 Call to check price and availability
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