Address
20535 Joy Road Detroit, MI
Price
$ 1,250,000
Property Attributes
  • ML#2200038539
  • TypeCommercial
  • CountyWAYNE
  • CityDetroit
  • AreaDet - Joy-Dbn Ht Grnfld-Limits
  • Zip48228
  • StyleLIQOUR STORE
  • 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:
REALCOMP II LTD.
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

Commercial Type Business And Real Estate, Commercial
Construction Materials Brick
Cumulative Days on Market 294
Current Use LIQOUR STORE
Gross Scheduled Income 1800000.00
Heating Central Air, Forced Air
Listing Agent Public Id 395825
Net Operating Income 200000.00
Operating Expense 1600000.00
Originating MLS Realcomp II Ltd
Ownership Status Private Owned, Short Sale - No
Parcel Number W22I002549C52
Possession At Close
Property Type Commercial
School District Detroit
Sewer Sewer-Sanitary
Short Sale No
Status Active
Terms Offered Cash, Conventional
Total Sq Ft 2800
Transaction Type Sale
Year Built 1956
Year Remodeled 2010
Zoning Commercial

Interior Features

Heating Fuel Natural Gas

Exterior Features

Architecture Level 1 Story
Foundation Slab
Foundation Materials Other
Frontage Feet 96
Lot Size Area 0.20
Lot Size Dimensions 96 X 90
Water Source Municipal Water

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


IDX provided courtesy of Realcomp II Ltd., via eXp Realty in Michigan and The Originating MLS(found above), © 2021 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of April 11, 2021 12:23 AM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Zip Code Average in 48228

Price
AVG $320K
$1.25M
Taxes
AVG $4,364
$3,577
Visits
AVG 17
50
Year Built
AVG 1959
1956
Walkscore
AVG 58
58
Data Provided by Walkscore ® not using MLS data

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