For Sale
$195,000

10435 Joy RdDetroit, MI 48204

Multi-use banquet hall, prime location

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 6,550 sq ft, Class A property, built in 1952 and renovated in 2019, is situated on a 0.55-acre lot in Detroit, MI, at 10435 Joy Road (zip code 48204). Currently operating as a 100% occupied banquet hall, it boasts a versatile layout easily adaptable for retail or office use. The single-story building features a 20-foot ceiling height, 30 parking spaces, and three new 7-ton HVAC units. Its prime location on Joy Road offers high visibility and accessibility. The property is zoned for commercial and multiple uses, presenting a unique opportunity for owner-users or investors. The spacious interior, ideal for large gatherings, includes a lounging area, dance floor, and DJ booth. With its expansive footprint and flexible design, this property offers significant potential for customization and expansion, making it an attractive investment in Detroit's growing commercial market. The asking price is $195,000 ($29.77/sq ft). The APN is W18I005129C40.

Highlights

  • Prime Joy Road location in Detroit.
  • Entire city block lot, maximizing visibility and space.
  • Multi-use banquet hall with three new 7-ton HVAC units, high ceilings, open layout, and 220V/440V power.
  • Over 30 parking spaces.
  • Spacious banquet hall with lounging area, dance floor, DJ booth, and adaptable layout for multiple uses.
  • High-growth Detroit location offering diverse revenue streams.

Property Details for 10435 Joy Rd

Property type
Specialty properties, Lifestyle centers
Square Feet
6,550 SF
Class
A
Year Built/Renovated
1952/2019
Buildings
1
Stories
1
Lot Size (sq. ft)
23,958 SF
Units
1

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.358765591567
Longitude
-83.163492759232
10435 Joy Rd, Detroit, Michigan

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10435 Joy Rd
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