Mixed-use building and auto repair shop for sale. Located on a hard corner in prime Southwest Detroit. (Mich and Junction) Minutes from downtown Detroit and the Ford train station. Auto repair business is operating and has net sales of 10-12 K per month take home. That’s a 25 percen CAP RATE. The mixed-use building has two levels and needs to be built out. 6000 ft.². Great opportunity with this business and the mixed-use building.
MLS# | 20240005650 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1920 |
Days On Site | 384 |
Listing Provided By | ARG Realty | Tarick M Salmaci |
SQ Feet | 8,500 |
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Zoning | Commercial |
Acreage | 0.25 |
State | MI |
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County | Wayne |
City | Detroit City |
Zip Code | 48210 |
Area | Det South Of Grand River |
Community Name | BRUSHS SUB (PLATS) |
School District | Detroit |
Listing VS Median (in BRUSHS SUB (PLATS)) | |
Price: $550,000 low | high Med: $550,000 SqFt: 8,500 low | high Med: 8,500 $ / SqFt: $65 low | high Med: $65 On Site: 384 low | high Med: 384.000000 |