31501 Joy Rd, Westland, MI 48185
- Strip malls
- 32,368 SF
- 3.60 lot acres
Current Use by Public Records
- CVS Photo / (Bike/Boat/Book/etc) Store
- CVS / Pharmacy
- CVS Pharmacy / Pharmacy
- MoneyGram / Bank / Credit Union
- Coinhub Bitcoin ATM Teller / Atm
Property Details for 31501 Joy Rd
- Year built
- 1957
- Lot size
- 3.60 lot acres
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 56 009 99 0001 002
- APU
- 56009990001002
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 27, 2025 | — | Victorian Properties Of Michigan Ll | Hannawa Lahser Road Development LLC | Warranty Deed | — |
| Jan 13, 2020 | $2,275,000 | Hannawa-lasher Road Dev LLC | Joy-merriman Center LLC | Warranty Deed | $1.7M · Community Choice Cu |
| Dec 23, 2019 | — | Hannawa-lahser Road Dev LLC | — | Deed · related | $1.7M · Community Choice Cu |
| Nov 15, 2019 | — | Joy-merriman Center LLC | Samuel Shepard | Grant Deed | — |
| — | — | Hannawa-lahser Road Dev LLC | — | Deed Of Trust · related | $1.7M · Community Choice Cu |
Description
This exceptional retail opportunity is located at 31501 Joy Road in Westland, Michigan, 48185. The Joy & Merriman Retail Center offers a prime location at the corner of Joy Road and Merriman, boasting high visibility and excellent access. The property is a multi-tenant strip center with a total of 32,208 square feet. Currently, there is 2,700 square feet of vacant space available, ideal for a variety of retail uses. This space is divisible to a minimum of 1,000 square feet and can accommodate up to 1,700 contiguous square feet. The available space includes a built-out office area, adding significant value and convenience for potential tenants. The center enjoys strong existing tenancy, with established businesses such as CVS Pharmacy, Natural Nails, and Benny's Pizza already operating within the complex. This presents a fantastic opportunity to join a thriving retail environment in a high-traffic area. The property's strategic location and the inclusion of a ready-to-use office space make this an attractive proposition for businesses seeking immediate occupancy and a well-established commercial presence. The property is situated at 42.3534036 latitude and -83.3534755 longitude. Serious inquiries are encouraged to explore this promising retail investment.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,671,000
- AI Estimate
- $2,671,000
Market price range: $1.56M - $3.50MMarket price range: $1.56M - $3.50M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $2,575,000 Current use
- OFFICE BUILDING
- $4,305,000 Change: +67% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $3,555,000 Change: +38% Conversion: Difficult
- RETAIL STORES
- $3,475,000 Change: +35% Conversion: Easy
- MEDICAL BUILDING
- $3,150,000 Change: +22% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Westland
- County
- Wayne
- State
- Michigan
- Longitude
- -83.3529
- Latitude
- 42.3536
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
