10435 Joy RdDetroit, MI 48204

Property Details for 10435 Joy Rd

Year built

1952

Lot size

0.55 AC

Property size (Sq ft)

6,550 SF

Zone code

B2

Property type

Specialty properties

Property subtype

Other specialty properties

APN

18005129-40

APU

1800512940

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $1,559,314

  Hospitality

  $1,428,324

  Educational

  $1,188,349

  Medical

  $1,229,218

  Retail

  $1,848,542

Location Insight

City

Detroit

County

Wayne

State

Michigan

Latitude

42.3585

Longitude

-83.1637

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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