Curious about this home?
Ask anything — no agents, no pressure
Try asking
About This Home
This 0-bedroom, 0-bathroom commercial at 5318 Alter Road in Detroit, MI is listed for $160,000 ($66 per sqft). Built in 1988, the home offers 2,432 sqft of living space on a 0.12 acres lot.
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.
Key Features
- Built in 1988
- 0.12 acre lot
Property Details
Monthly Cost Estimate
$856/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5318 Alter Road
Detroit, MI 48224
Abbott & Beymers Sunderland Park Sub
Property Details
Construction
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 5318 Alter Road is listed at $160,000 ($66/sqft). The estimated monthly payment is $693 based on 20% down at 6.5% interest.
Key features include: Built in 1988, 0.12 acre lot.
This property is listed by Shane Parker and can be reached at 7343337219 or broker@sprealtymi.com.






