16926 Joy Rd Detroit, MI 48228
- Commercial land
- 0.06 lot acres
Current Use by Public Records
- Commercial land
Property Details for 16926 Joy Rd
- Year built
- 1954
- Lot size
- 0.06 lot acres
- Zone code
- B4
- Property type
- Commercial land
- APN
- 22002956.
- APU
- 22002956
Description
This thriving, licensed auto dealership in Detroit, Michigan presents a unique investment opportunity. Located on a high-traffic section of Joy Road, this Class A property boasts a 0.3-acre corner lot, providing exceptional visibility and accessibility. The 1,200 square foot main building, constructed in 1952, includes a sales office and ample space to display over 25 vehicles. A secondary building complements the operation. The property is zoned for commercial use and includes 16 license plates, an established customer base, and an existing auto financing agreement, ensuring a smooth transition for the new owner. The sale also includes a small on-site repair facility. This owner-user opportunity is perfect for an established business looking to expand or a new venture seeking immediate market presence. The single-story building sits on a large lot, offering significant potential for future expansion or development. This turnkey operation offers a rare chance to acquire a successful business with significant assets in a prime Detroit location. Serious inquiries only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.2122
- Latitude
- 42.3582
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
