$2,100,000 for Sale
16810 joy road, detroit, MI 48228
Property Description
Turnkey Liquor Store + Hot Food Concept â?? 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: Monâ??Thurs & Sunday: 8AMâ??11PM Friday & Saturday: 8AMâ??12AM Kitchen: Mondayâ??Saturday, 12PMâ??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.
General Information
Sale Price: $2,100,000
Price/SqFt: $420
Status: Active
MLS#: 890
City: detroit
Post Office: detroit
County: Wayne
Lot Dim: 227x118
Size: 5,000 sq.ft.
Year Built: 20
Property Type: Commercial/Industrial
Tax, Fees & Legal
Est. Summer Taxes: $1,500
Est. Winter Taxes: $1,500

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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Bashar Jani of Community Choice Realty Inc
This listing last updated: Tue, March 31, 2026 at 9:08:05 PM EDT
MIRealSource Listing Data Last Updated On Thursday, April 2 2026 at 12:45pm