5318 Alter Road, Detroit, MI 48224
- 2,600 sqft
other 
Built in 1988 
5,227sqft lot
—— car garage 
$58/sqft 
Listed 1 month ago
Property Description
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.
- Listing Status:
- Active
- Data Last Updated:
- September 24, 2026 at 12:42AM
- Listing Office:
- S&P Realty : 7343337219
- Listing Agent:
- Shane Parker : 3134548608
- MLS ID:
- 20261067581
- General: BlockBrickOneSlab
- Road/Access: Paved
- Originating MLS: Realcomp II Ltd
- School District: Detroit
- County: Wayne
- Zoning: E ALTER 207&208 ABBOTT & BEYMERS SUNDERLAND PARK SUB L36 P93 PLATSW C R 21/428 40 X 125.31AW21I062955S
- Current Use: Convenience storeRetail
- Water: Public
- Sewer: Public sewer
- Source: Realcomp II Ltd
This listing courtesy of Shane Parker , S&P Realty
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
