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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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16810 Joy Rd , Detroit, MI 48228
$1,700,000
Est. Payment: $8,754.14/mo
0 Bed
0 Bath
5000 Sqft
Status: active | Days on site: 13
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Agent profile image
Jim Blehm
Team Owner, Realtor®

House 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–11PMFriday & Saturday: 8AM–12AMKitchen: Monday–Saturday, 12PM–7PMA 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.

Highlights

Listed by Bashar Jani , 248-525-2065 Community Choice Realty Inc , 248-729-0011. MichRIC

Property Type

Commercial Sale

Year Built

2025

County

Wayne

School District

Detroit

Listing ID

20261055790

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Other:Public

Exterior Features

Principal Interest
$8,754
Taxes
$250

Home Price

$1,700,000

Loan Details

30 yrs
6.676%

Down Payment

20%
$340,000
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Monthly Price:
$8,754.14

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,754.14 $250.00 $0.00 $9,004.14
Yearly $105,049.69 $3,000.00 $0.00 $108,049.69
Total $3,151,490.62 $90,000.00 $0.00 $3,241,490.62
Lender profile image
Brian Belinger
Loan Originator
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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Southwestern Michigan Regional Information Center, LLC and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-08-03T01:53:30.000Z

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