For Sale
$2,000,097

3774 Joy RdDetroit, MI 48206

7,350 SF Retail Building, Detroit, MI

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional commercial property at 3774 Joy Road in Detroit, Michigan presents a rare investment opportunity. The 7,350 square foot building, constructed in 1950, sits on a 0.19-acre lot and is zoned for commercial use. Currently operating as a well-established wholesale electrical supply business since 1950, this single-story Class B building offers significant potential for continued success in its current use or for redevelopment. The asking price is $2,000,097, translating to $272.12 per square foot. The property boasts a warm and dry interior, indicative of consistent maintenance and upkeep. Its prime location in Wayne County, with easy access to metropolitan Detroit, ensures high visibility and accessibility for customers and employees. The building's long history of successful operation speaks to its enduring appeal and potential for future profitability. This is a unique chance to acquire a well-maintained, established commercial property in a thriving area. The property's solid structure and strategic location promise decades of continued service and potential for growth. This offering presents a compelling investment opportunity for discerning buyers seeking a stable and potentially lucrative venture in the Detroit market. The property's history of successful operation, combined with its desirable location and solid construction, makes it an attractive prospect for both established businesses and investors seeking a strong return.

Highlights

  • 7,350 SF building on a 0.19-acre lot in Detroit, MI.
  • Class B building, built in 1950, zoned commercial.
  • Currently operating as a wholesale electrical supply business.
  • Asking price: $2,000,097 ($272.12/SF).
  • Prime Wayne County location with easy access to metropolitan Detroit.

Property Details for 3774 Joy Rd

Property type
Retail properties
Square Feet
7,350 SF
Class
B
Year Built
1950
Stories
1
Lot Size (sq. ft)
8,276 SF

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.3697686
Longitude
-83.1192193
3774 Joy Rd, Detroit, Michigan

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3774 Joy Rd
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