For Sale
555 Detroit, Detroit, MI 48205
$850,000
MLS # 20261039782 (Realcomp)
Built 19550.14 acres
1 / 1
Listing Description
Established high-traffic convenience store located in a prime commercial corridor in Detroit, generating over $1.2 million in annual sales, positioned in a strong Wayne County area with excellent visibility, steady daily traffic, and on-site parking for customer convenience. The property includes an in-place restaurant setup inside the store that is currently not fully operating and is ready for a new operator to activate and maximize additional income potential. This is a turnkey opportunity for an owner-operator or investor seeking a stable, cash-flowing business with strong upside through improved operations and full utilization of the existing setup.
Source: SparkMLS
About this home
Asking $850,000.
Property tax estimate: $6,958 per year ($580/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Listing Property Details
Property TypeCommercial Sale
Bathrooms0
Lot Size0.14 acres
Year Built1955
Location
CityDetroit
Zip Code48205
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionOther
HeatingForced Air
WaterPublic
Sale & Financing
Listed5/30/2026
Source: SparkMLS
Tax Information
Annual Tax$6,958
Parcel #0000
Source: SparkMLS
Property Records
USDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Dairek Yaldoo
Keller Williams Home
Frequently Asked Questions about 555 Detroit, Detroit, MI 48205
Which school district serves 555 Detroit, Detroit, MI 48205?
Per MLS# 20261039782, 555 Detroit, Detroit, MI 48205 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
What are the property taxes at 555 Detroit, Detroit, MI 48205?
Per public tax records, annual property taxes for this property are $6,958. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 555 Detroit, Detroit, MI 48205 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
What utilities serve 555 Detroit, Detroit, MI 48205?
Per Michigan Public Service Commission service territory data: Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Mortgage Calculator
$
%
$
$
$
Monthly payment$5,513
Principal & interest$5,513
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Property
555 Detroit, Detroit, MI 48205
View full property history →
County
Wayne County
View county overview →
Get email alerts for new listings near 555 Detroit
We’ll notify you when new listings match your interests.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.