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33661945
33661958

10501 Joy Road, Detroit, MI 48204

RE/MAX City Centre
Listed by RE/MAX City Centre
$800,000
158 days on market
Updated 3 days ago

10501 Joy Road

Details
APN W18I005141C52
Property Type Retail, Mixed Use
Sub Type Storefront
Square Footage 9,050
NOI $100,000
Year Built 2003
Acreage 0.550

Retail | 9,050 SqFt

Marketing description

Introducing Joy Village Plaza, an 8-unit neighborhood retail center located along the high-traffic Joy Rd corridor in Detroit — offered at $800,000. This plaza is home to a mix of established businesses including a daycare, soul food café, smoke shop, and take-out restaurant, serving as a convenient destination for the surrounding community and generating steady foot and vehicle traffic. With vacant units available, this property presents a value-add opportunity for investors or owner-operators to introduce new businesses, expand services, or curate tenants that align with community demand. Ideal for entrepreneurs seeking to launch or grow retail, service, or food concepts in a visible, well-known location. Property highlights: • 8 retail units • Mix of service and food-based tenants • High visibility on Joy Rd • On-site parking • Opportunity to lease vacant units and increase NOI • Flexibility to add new business concepts Whether you’re looking for an income-producing retail asset with upside or a space to bring new business ideas to the neighborhood, Joy Village Plaza offers both stability and growth potential.
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Listing Contacts

RE/MAX City Centre
Listed by RE/MAX City Centre

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$100,000.00
$8,333.33/mo

Valuation Metrics

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DSCR
12.5%
Cap Rate
12.5%
ROI

Map

Zoning

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B2 MixedMixed UseLocal Business And Residential District
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Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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