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About This Home
This 0-bedroom, 0-bathroom commercial at 10501 Joy Road in Detroit, MI is listed for $800,000 ($88 per sqft). Built in 2003, the home offers 9,050 sqft of living space on a 0.55 acres lot.
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.
Key Features
- Built in 2003
- 0.55 acre lot
Property Details
Monthly Cost Estimate
$4,279/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
10501 Joy Road
Detroit, MI 48204
Robert Oakman Land Cos Aviation Field 3
Property Details
Construction
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 10501 Joy Road is listed at $800,000 ($88/sqft). The estimated monthly payment is $3,467 based on 20% down at 6.5% interest.
Key features include: Built in 2003, 0.55 acre lot.
This property is listed by Genice Hamilton and can be reached at 3132659934 or buyandsellwithgenice@gmail.com.
