Address
20535 Joy Rd Detroit, MI
Price
$ 1,250,000
Property Attributes
  • MLS#40066390
  • TypeCommercial
  • CountyWAYNE
  • CityDetroit
  • AreaDetroit
  • NeighborhoodDetroit
  • Zip48228
  • StyleCommercial/Industrial
  • Year Built1956
  • Taxes3577
  • Price$ 1,250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2800
  • Lot Size8,712 SqFt
Listing Provided Courtesy Of:
Community Choice Realty Inc
Data Source:
Michigan Multiple Listing Service
Property Description

HIGH VOLUME WELL ESTABLISHED LIQUOR STORE LOCATED IN A GREAT LOCATION. Owned and operated by the same family for the last 36 years. Buyer can verify all the figures and sales through the seller's bookkeeper. Property has been well maintained. Store gross sales average $40,000 per week, Lotto net income $32,000 per year. ATM net income $1,600 per month. Also has food stamp and WIC licenses. Business hours MON-THURS 10:00 A.M -10 P.M. FRI-SAT 10 A.M-12 A.M and SUN 10 A.M to 10 P.M.

Price History
6/15/2020 Listed $1,100,000

General Features

Class COM/IND/BUS OPP
Cooling Central A/C
Directions West of Evergreen South of Joy Rd
Financial Terms Cash, Conventional
Heating Forced Air
Legal Description S Joy 673 THRU 676WARRENDALE PARKSIDE NO 2 L52 P6 PPLATS, W C 22/282 96 X 90
Listing Area Detroit (82001)
Municipality Detroit
Originating Mls RealComp
Ownership Private
Source Mls MI Real Source
Status Active
Status Active
Subj To Short Sale Apprvl No
Type Commercial/Industrial
Water Public Water
Year Built 1956
Zoning Commercial

Interior Features

Fuel Type Natural Gas

Exterior Features

Sale Includes Business and Real Estate
Exterior Brick
Foundation Type Slab
Frontage 96
Lot Dimensions 96 X 90
Lot Size Area 0.2
Sewer Septic Public Sanitary
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 48228

Price
AVG $330K
$1.25M
Taxes
AVG $4,421
$3,577
Visits
AVG 17
52
Year Built
AVG 1958
1956
Walkscore
AVG 57
53
Data Provided by Walkscore ® not using MLS data