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2,600 sqft

$150,000

5318 Alter Road, Detroit City Wayne Michigan, 48224

Price per sqft$57.69
Built in1988
Property size2,600 sqft
Property typeCommercial

Overview

Active

Listed Aug 24, 2026

Updated 4 weeks ago

Check out this beautiful commercial building, formerly operated as a successful party store since 1988. The property is in very good condition, fully up to city code and regulations, and offers a turnkey opportunity for the right buyer. It features 15 walk-in cooler doors, a newer rooftop HVAC system, a newer hot water tank, and a roof that’s only seven years old. The store also includes all shelving, countertops, a new cooling compressor, and recently repaved blacktop parking. There is both on-site and street parking available. Tenants are currently on a month-to-month lease, offering flexibility for future plans. The store closed at the end of April 2017 but was a profitable business for nearly three decades. With hard-working new ownership, this location has strong potential to thrive once again. Don’t miss this chance to take over a well-maintained property with a proven track record in a high-traffic area.

Other Property Details

Taxes
$3,997
Tax Frequency
Annually
55+/Senior Community
No

 

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Data last updated 6:32 AM UTC, 9/10/2026

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