Property
$160,0000.12 Acres2,432 sq ft
For Sale
For Sale
$160,0000.12 Acres
For Sale
2,432 sq ft

5318 Alter Road, Detroit, MI 48224 - Wayne County

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Property ID 24773424

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Real Estate Only - Detroit, MI

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.

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S&P Realty

Grosse Pointe Park, MI

(734) 333-7219
Listing provided by
Shane Parker
S&P Realty(313) 454-8608
Source: ListHub, MLS# 20251001440
Listing status: Active
Listing last updated: December 6, 2025 at 2:51 AM
Listing last checked: December 11, 2025 at 3:30 PM
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Shane Parker

S&P Realty
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Shane Parker

S&P Realty