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Retail Space
New
For Sale
$149,900

20531 Joy Rd, Detroit, MI 48228

Located along Joy Road with access to surrounding residential and commercial areas.

Property Size1,714 SF
Days on Market2

Property Features for 20531 Joy Rd

General Information

Standard status Active
Size 1,714 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $6,896

Building Details

Building Size 1,714 SF
Year Built 1955
Listing Agency: EXP Realty Plymouth
Listed By: Justin S Ford · License #6506044880
Source: Elliman
Added: Sep 4 Last Checked: Sep 4 at 2:58PM

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 EXP Realty Plymouth

Investment Insights

Based on property information with market context.

This retail space is located at 20531 Joy Rd in Detroit, Michigan. The property was built in 1955 and sits within an established corridor serving nearby residential and commercial areas.

The location records a walk score of 49, a bike score of 42, and a transit score of 44. These ratings indicate a car-dependent setting with some transit access and moderate bike connectivity.

Key Highlights

  • 20531 Joy Rd, Detroit, MI 48228
  • Built in 1955
  • Walk Score: 49; Car‑Dependent

Property Analytics

Current Use

Buick Hall Community Center Renees House Of Soul Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Restaurant Kitchen & Bath Showroom Gym & Fitness Center

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

Location Intelligence

Trade Area within ½ mile

217
Businesses Nearby
14k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Family Dollar Shops & Services
6,573 visits/mo 0.4 miles
Mobil Shops & Services
6,067 visits/mo 0.3 miles
Citgo Shops & Services
1,130 visits/mo 0.2 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
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Frequently Asked Questions

What type of property is this?
Retail space - Located along Joy Road with access to surrounding residential and commercial areas.
Where is this retail space located?
The property is located at 20531 Joy Rd Detroit, MI.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: 20531 Joy Rd, Detroit, MI 48228; Built in 1955; Walk Score: 49; Car‑Dependent
More about this property
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