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5318 Alter Road Detroit Michigan 48224-2977 Detroit, MI 48224

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For Sale
$160,000

Turnkey commercial building with retail history and modern infrastructure.

Type:Retail
Property size:
2,600 SF
Added:
May 29, 2025
Days on Market:
309
Last Refresh:
Mar 17 at 1:18 pm

Property Features for 5318 Alter Road Detroit Michigan 48224-2977

General Information

Standard status
Active
Size
2,600 SF
Property subtype
Retail

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Listing Contact
Shane Parker
Shane Parker

Listing agent Shane Parker License #MI 397534

Listing office S&P Realty

Listing date May 29, 2025

Source Crexi

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 S&P Realty


Overview

Equipped Retail Space For Sale

This commercial building, previously a profitable party store from 1988 to 2017, is located in a high-traffic area. The property is in excellent condition and fully compliant with city codes. It includes 15 walk-in cooler doors, a newer rooftop HVAC system, and a new hot water tank. The roof is 7 years old. All store shelving, countertops, and a new cooling compressor are included. The property features a recently repaved blacktop lot with on-site and street parking. Currently tenant-occupied on a month-to-month lease, the 2600 square foot property offers flexibility for new ownership to re-establish a retail business or repurpose for another commercial use. This equipped commercial space is located in a well-established retail corridor.
Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Detroit
County
Wayne
State
Michigan
Longitude
-82.9565086
Latitude
42.4002073

FAQs

What type of property is this?
Storefront property - Turnkey commercial building with retail history and modern infrastructure.
Where is this storefront property located?
The property is located at 5318 Alter Road Detroit Michigan 48224-2977 Detroit, MI.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: High‑traffic location with established retail history.; **Turnkey opportunity: Fully equipped with shelving and countertops, with a new cooling compressor included.**; 15 walk‑in cooler doors.
More about this property
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