Auto Repair, Body/Tire Shop

Retail-Commercial for Sale
Catylist Listing ID: 30844870
Property Subtypes: Vehicle Related
Building Size (RSF): 3,084 SF
Gross Land Area: 0.25 SF
Sale Price: $195,000
Unit Price: $63.23 PSF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 3,084 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/22/2023

Overview / Comments

This is a Turnkey Automotive Repair Shop. If you're a mechanic that wants to own your own business, this is the perfect opportunity for you! This shop can provide double income. One side can be used for vehicle repairs. It includes three mechanic bays with hoists, air compressors, a 30 ton hydraulic press, Snap-on D-Tac charger, portable oil drains, a strut spring compressor, etc... The other side can be used as a profitable tire shop or auto body repair. Cleaning and fresh paint and minor repairs can be recouped by the revenue this excellent location can bring in. The building sits on the corner of a high traffic intersection. Its' neighbors are Rite Aid, the iconic Starlight Coney island and Marathon gas station. All of these neighboring businesses are continuously busy with customers.

Additional Details

Nearest MSA: Flint
County: Genesee
Taxing Authority: City of Flint, Genesee County
Tax ID/APN: 41-09-227-020
Retail Clientele: General, Business
Property Located Between: Davison Rd and Center Rd
Property Visibility: Excellent
Largest Nearby Street: Center Rd
Feet of Frontage: 111
Highway Access: Expressways 475, I69 2 miles
Airports: Bishop Airport - 10 miles
Site Description: Lot size 111 x 100 x 111 x 101. Building freshly painted exterior.
Area Description: SW corner of intersection Davison Rd/ Center Rd. Business neighbors: Rite Aid, Marathon gas station, Davita Dialysis,Starlight Coney Island.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1955
Roof Type: Flat
Construction/Siding: Wood Siding
Exterior Description: Wood siding, flat roof replaced less than 1 year.
Total Parking Spaces: 25
Parking Ratio: 2.3 (per 1000 SF)
Parking Type: Surface
Parking Description: Parking available to customers and employees, front and side.
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Window Unit
Interior Description: Mechanic bays, office, break room, restroom.
Zoning Description: Misc Commercial services
Lot Frontage: 111
Lot Depth: 100
Water Service: Municipal
Sewer Type: Municipal
Easements Description: Billboard is owned by previous owner, 100 year contract.
Land Ownership: Owned
Legal Description: Eastlawn lots 26 and 27

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,718 64,756 173,626
Median Age: 39.01 36.94 35.74
Households: 3,706 26,028 68,433

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