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$ 2,100,000
Est. payment /mo
Active
16810 Joy Road Detroit, MI 48228
5,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $420
Subdivision Mi
MLS Listing ID 60979890
Annual Tax Amount $3,000
Lot Dimensions 227x118
Property Sub-Type Commercial/Industrial
Property Description
Turnkey Liquor Store + Hot Food Concept – Brand New Construction! Exceptional opportunity to own a fully rebuilt, 5,000 sq ft liquor store with a modern hot food operation in a high-traffic location. This property was completely reconstructed and reopened in October 2025, featuring all brand-new equipment, infrastructure, and a state-of-the-art setup throughout. The store is already producing strong numbers, averaging approximately $35,000 per week in sales, with additional revenue streams including a high-performing kitchen generating $1,800/week from pizza and wings, a lottery machine averaging $50,000/month, and an ATM providing consistent passive income. Equipped with 3-phase power, a state-of-the-art kitchen, 19 brand-new cooler doors, a 2-door freezer for ice cream, and an open cooler for prepared foods and dairy, this business is built for efficiency and scalability. Located in a dense residential area with 500+ surrounding condos and minimal competition (no similar stores within over a mile), this location offers unmatched growth potential. Current liquor margins sit at approximately 25%, with significant upside through extended hours, Sunday kitchen operations, and adding EBT/WIC services. Store hours are currently: Mon–Thurs & Sunday: 8AM–11PM Friday & Saturday: 8AM–12AM Kitchen: Monday–Saturday, 12PM–7PM A new owner can easily expand hours and operations to increase revenue further. The owner is retiring, creating a rare opportunity for an investor or owner-operator to take over a turnkey, income-producing business with major upside potential. Please do not approach or disturb employees or ownership. All showings must be scheduled through the listing agent.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Commercial
Interior
Heating Forced Air
Building
Foundation Slab
Water Public Water
Structure Type Brick
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/nocbor/20261020581
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Community Choice Realty Inc
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