5318 Alter Road

5318 Alter Road
Detroit, Michigan 48224

Active / MLS #20251001440 / Commercial / Mixed Use / Morningside
Listing information updated 12/18/2025 at 11:25pm
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.

Listing Office: S&P Realty

Listing Office Phone: 734.333.7219

Disclaimer: IDX provided courtesy of Realcomp II Ltd. via site owner and the originating MLS listed above, © 2025 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Map of 5318 Alter Road, Detroit, MI 48224

Not quite what you are looking for?

Similar listings for sale near 5318 Alter Road, Detroit, MI 48224


Like the area?

More homes for sale near 5318 Alter Road, Detroit, MI 48224


5318 Alter Road, Detroit, MI 48224 is a commercial / mixed use currently listed at $160,000. This commercial / mixed use has been listed on @properties REMI Christie's International Real Estate since May 22nd, 2025 and was built in 1988.