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    Norway, MI
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    Norway, MI Auto Shops for Sale

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    Vulcan, MI Quinnesec, MI Iron Mountain, MI Niagara, WI Kingsford, MI Hermansville, MI Pembine, WI Florence, WI
    Automotive Service Station with Two Doors
    Updated: Dec 5, 2024
    Automotive Service Station with Two Doors

    101 Seventh Avenue, Norway, MI 49870

    $215,000
    1,458 sqft 0.15 AC lot
    Automotive service station built in 1960 with public water service
    Recently updated roof for low‑maintenance use
    Two overhead doors for servicing multiple vehicles
    Radiant heating for year‑round comfort
    Fully equipped with hoists, welders, and essential service tools
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    This listing looks promising.

    Here's a quick look at some key insights for

    101 Seventh Avenue, Norway, MI 49870

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    • Est. Cap Rate

      6.1%
      Above avg (5.9%)

    • Est. NOI

      $13K
      Annual

    • Price @ 7% Cap

      $188K
      Suggested
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Norway, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    O'Reilly Auto Parts Retail Store
    O'Reilly Auto Parts Retail Store

    1907 S Stephenson Ave, Iron Mountain, MI 49801

    Contact for pricing
    7,200 sqft

    Single-tenant O'Reilly Auto Parts location with 8.7 years remaining on the primary lease and 6% annual rent escalations.

    View details
    Auto Shop Building with Shop Bay
    Auto Shop Building with Shop Bay

    311 HWY 8, Armstrong Creek, WI 54103

    $89,000
    0.10 AC lot

    Auto shop on Hwy 8 with office, bathroom, and a shop bay ready for automotive equipment.

    View details
    Modern Auto Service Facility
    Modern Auto Service Facility

    1137 S Stephenson Street, Iron Mountain, MI 49801

    $1,650,000
    3,519 sqft 1.10 AC lot

    Multi-bay commercial facility with service equipment, office space, storage, and an included snow removal business.

    View details
    Highway Auto Shop
    Highway Auto Shop

    311 Hwy 8, Armstrong Creek, WI 54103

    $89,000

    Shop includes an office, bathroom, and dedicated work bay.

    View details

    Norway, MI Auto Shops Market Trends and Statistics

    Explore 1 auto shops for sale in Norway, MI on our real estate platform. These investment opportunities span a total of 1,458 square feet of properties for sale, with an estimated market value of $215,000.

    Sale prices for auto repair shops in Norway, MI average $215,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Auto shops 1

    Demographics Overview

    Population 3,479
    Population Growth (5Y) +4.8%
    Median Household Income $55,795
    College Educated 27.6%

    High-Yield Neighborhoods for Investment

    Identify Norway submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49870 $215K

    Listings Trend

    New vs delisted commercial listings in Dickinson County

    New Delisted

    Total CRE Inventory on Market (SF)

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