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Open-Layout Storefront Building
New
For Sale
$125,000

18434 Joy Rd, Detroit, MI 48228

An open interior offers a flexible configuration for commercial occupancy, subject to applicable zoning approval.

Property Size2,000 SF
Price / SF$62.50
Days on Market2

Property Features for 18434 Joy Rd

General Information

Standard status Active
Size 2,000 SF
Property subtype Commercial

Additional Details

Road Access Yes
Liquor License No

Taxes and HOA fees

Annual Taxes $7,328

Building Details

Year Built 1948
Buildings 1
Units 1
Listing Agency: Fathom Realty
Listed By: Michael Brown · License #6501367340
Source: Elliman
Added: Oct 7 Last Checked: Oct 7 at 2:38PM

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 Fathom Realty

Investment Insights

Based on property information with market context.

This 2,000-square-foot storefront building at 18434 Joy Rd has an open interior and was built in 1948. The exterior has been freshly painted, while the interior is available for customization. A liquor license is not included.

The property is on Joy Road near the Southfield Freeway and directly beside the Edison Detroit Public Library. Its setting includes residential and commercial development.

Key Highlights

  • 2,000‑square‑foot storefront building
  • Open interior layout
  • Built in 1948

Property Analytics

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Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Spa & Massage Center Parking Lot & Garage HVAC 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
Paved road access

Location Intelligence

Trade Area within ½ mile

321
Businesses Nearby
42k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 84% Dining 16%
BP Shops & Services
11,589 visits/mo 0.1 miles
Dollar Tree Shops & Services
9,985 visits/mo 0.2 miles
KFC Dining
6,653 visits/mo 0.1 miles
Dollar General Shops & Services
6,496 visits/mo 0.1 miles
Sunoco Shops & Services
4,572 visits/mo 0.5 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Storefront property - An open interior offers a flexible configuration for commercial occupancy, subject to applicable zoning approval.
Where is this storefront property located?
The property is located at 18434 Joy Rd Detroit, MI.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: 2,000‑square‑foot storefront building; Open interior layout; Built in 1948
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