HOW MUCH WOULD YOU LIKE TO OFFER FOR THIS PROPERTY?
Additional details
$ 800,000
Est. payment /mo
New
10501 Joy RD Detroit, MI 48204
9,050 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type RealEstateOnly
Listing Status Active
Purchase Type For Sale
Square Footage 9,050 sqft
Price per Sqft $88
Subdivision Robert Oakman Land Cos Aviation Field 3
MLS Listing ID 20261003592
Year Built 2003
Lot Size 0.550 Acres
Acres 0.55
Property Sub-Type RealEstateOnly
Property Description
Introducing Joy Village Plaza, an 8-unit neighborhood retail center located along the high-traffic Joy Rd corridor in Detroit — offered at $800,000.
This plaza is home to a mix of established businesses including a daycare, soul food café, smoke shop, and take-out restaurant, serving as a convenient destination for the surrounding community and generating steady foot and vehicle traffic.
With vacant units available, this property presents a value-add opportunity for investors or owner-operators to introduce new businesses, expand services, or curate tenants that align with community demand. Ideal for entrepreneurs seeking to launch or grow retail, service, or food concepts in a visible, well-known location.
Property highlights:
• 8 retail units
• Mix of service and food-based tenants
• High visibility on Joy Rd
• On-site parking
• Opportunity to lease vacant units and increase NOI
• Flexibility to add new business concepts
Whether you're looking for an income-producing retail asset with upside or a space to bring new business ideas to the neighborhood, Joy Village Plaza offers both stability and growth potential.
This plaza is home to a mix of established businesses including a daycare, soul food café, smoke shop, and take-out restaurant, serving as a convenient destination for the surrounding community and generating steady foot and vehicle traffic.
With vacant units available, this property presents a value-add opportunity for investors or owner-operators to introduce new businesses, expand services, or curate tenants that align with community demand. Ideal for entrepreneurs seeking to launch or grow retail, service, or food concepts in a visible, well-known location.
Property highlights:
• 8 retail units
• Mix of service and food-based tenants
• High visibility on Joy Rd
• On-site parking
• Opportunity to lease vacant units and increase NOI
• Flexibility to add new business concepts
Whether you're looking for an income-producing retail asset with upside or a space to bring new business ideas to the neighborhood, Joy Village Plaza offers both stability and growth potential.
Location
State MI
County Wayne
Area Area05042Det6Tiregrnfldlivernois
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Parking Features ParkingLot, OnSite
View Y/N No
Garage false
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Schools
High Schools Detroit
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
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Listed by Genice Hamilton of RE/MAX City Centre