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Retail Space with Open Layout
New
For Sale
$125,000

18434 Joy Road, Detroit, MI 48228

Commercial Sale, Detroit, MI

Property Size2,000 SF
Lot Size0.09 Acres
Price / SF$62.50
Days on Market2

Property Features for 18434 Joy Road

General Information

Property type Commercial Sale
Property subtype Retail
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2
Interior features Broadband
Elementary school district Detroit
Middle school district Detroit
High school district Detroit
Directions From Southfield Fwy, head westbound. On Northside of the street right after library.
Standard status Active
APN 22002875-6
Size 2,000 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description N JOY RD 258&257 DANA PARK SUB L57 P91 PLATS, W C R 22/314 40 X 93
Tax Annual Amount 7328
Legal Description N JOY RD 258&257 DANA PARK SUB L57 P91 PLATS, W C R 22/314 40 X 93

Utilities

Utilities Natural Gas Available
Heating system Forced Air

Building Details

Year built 1948
Number of units 1
Listing Agency: Fathom Realty
Listed By: Michael Brown · License #6501367340
Added: Oct 5 Last Checked: Oct 6 at 2:06AM
MLS# 26053015

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,000-square-foot retail space has an open interior and was built in 1948. The building has been freshly painted, with exterior improvements completed; the interior can be customized. The parcel measures 0.09 acres.

The property is on Joy Road in Detroit, near the Southfield Freeway and adjacent to the Edison Detroit Public Library. The listing identifies broadband, forced-air heating, and natural gas availability. Two bathrooms are included.

Key Highlights

  • 2,000‑square‑foot retail space on a 0.09‑acre parcel
  • Open interior with room for customization
  • Built in 1948; freshly painted with exterior improvements

Property Analytics

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Current Use

Retail space

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
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

321
Businesses Nearby
42k
Monthly Visits Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Recent exterior improvements accompany a commercial interior ready for customization on Joy Road.
Where is this retail space located?
The property is located at 18434 Joy Road 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 retail space on a 0.09‑acre parcel; Open interior with room for customization; Built in 1948; freshly painted with exterior improvements
More about this property
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