For Sale
$100,000

3916 Joy Rd Detroit, MI 48206

Vacant Detroit storefront, rehab potential.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional redevelopment opportunity presents three buildings totaling 6,658 square feet on a 0.37-acre lot in Detroit, Michigan. Located at 3916 Joy Road, this vacant property offers significant potential for a mixed-use project. The buildings, constructed in 1923, sit on a parcel zoned B4, allowing for a variety of uses. The property features two stories and a full basement. Originally configured as two apartments and a studio above storefronts, this presents a unique chance to create a vibrant retail space. The asking price is $100,000, translating to $15.02 per square foot. An adjacent 11,283 square foot land parcel is also available for purchase. This prime location is situated near the intersection of Joy Road and Dexter, in the Nardin Park/Jamison area, providing convenient access to West Grand River and I-96. The property's proximity to a longstanding Family Dollar store further enhances its visibility and potential for success. This is an ideal investment for those seeking a substantial mixed-use preservation project with high return potential.

Highlights

  • $100,000 asking price for a vacant retail storefront redevelopment opportunity.
  • 6,658 square feet, priced at $15.02 per square foot.
  • Located at 3916 Joy Rd, Detroit, MI 48206, in the Nardin Park/Jamison area, near W Grand River & I-96.
  • Three buildings, two stories, on a 0.37-acre lot, built in 1923, with B4 zoning.
  • Vacant, mixed-use property with potential for full rehabilitation; previously housed two apartments and a studio above a full basement.

Property Details for 3916 Joy Rd

Property type
Retail properties, Retail space
Square Feet
6,658 SF
Year Built
1923
Buildings
3
Stories
2
Lot Size (sq. ft)
16,117 SF

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.36933330608
Longitude
-83.11929231206

FAQs

What type of property is this?
Retail property - Vacant Detroit storefront, rehab potential.
Where is the retail 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: $100,000 asking price for a vacant retail storefront redevelopment opportunity.; 6,658 square feet, priced at $15.02 per square foot.; Located at 3916 Joy Rd, Detroit, MI 48206, in the Nardin Park/Jamison area, near W Grand River & I-96.
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3916 Joy Rd
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