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Mixed-Use Rehab Opportunity
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Pending

3916 Joy Rd, Detroit, MI 48206

Mixed-use property with storefronts, full rehab opportunity.

Property Size6,658 SF
Lot Size0.26 Acres
Days on Market739

Property Features for 3916 Joy Rd

General Information

Standard status Pending
Size 6,658 SF
Lot size 0.26 Acres
Property subtype Retail
Zoning B4
Investment Type Redevelopment

Building Details

Year Built 1923
Buildings 3
Stories 2
Listing Agency: Summit Commercial LLC
Listed By: Jason Gage · License #6504376893
Source: Crexi
Added: Aug 13, 2024 Changed: Aug 8 Last Checked: Aug 20 at 7:36PM

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 Summit Commercial LLC

Investment Insights

Based on property information with market context.

This mixed-use property offers a full rehabilitation opportunity. The property includes storefronts and is located due west of Dexter in the Nardin Park/Jamison area, near West Grand River and I-96. The building originally featured two apartments and one studio above the storefronts and includes a full basement. The property is located across the street from a longstanding Family Dollar store. An adjacent 11,283 square foot land parcel at 3924 Joy Road is also available for purchase.

Key Highlights

  • Excellent mixed‑use full rehab opportunity
  • 11,283 SFT land parcel (can also be purchased)
  • Features 2 storefronts

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Restaurant

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

276
Businesses Nearby
14k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Family Dollar Shops & Services
6,096 visits/mo 0.1 miles
Citgo Shops & Services
4,544 visits/mo 0.0 miles
Dollar General Shops & Services
3,431 visits/mo 0.1 miles

Demographics for 48206, MI

15,712
Population
10,784
Households
1.5
Avg Household Size
38
Median Age
24%
College-Educated
89%
High-School Grad
3.1 sq mi
ZIP Area
5,068
Density / Sq Mi
$43,702
Median Household Income
$36,674
Median Earnings
$923
Median Rent
$102,300
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?
Mixed-use property - Mixed-use property with storefronts, full rehab opportunity.
Where is this mixed-use property located?
The property is located at 3916 Joy Rd Detroit, MI.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: Excellent mixed‑use full rehab opportunity; 11,283 SFT land parcel (can also be purchased); Features 2 storefronts
(248) 619-4948 Call to check price and availability
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