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    Established Auto Business on One Acre Title is generated by Realmo AI

    106 S State Street, Stanton, MI 48888

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    Claim this Listing
    For Sale
    $699,000

    COMMERCIAL - Stanton, MI

    Property size:
    3,750 SF
    Lot size:
    1.00 Acre
    Price / SF:
    $186/SF
    Added:
    Aug 6, 2025
    Days on Market:
    290
    Last Refresh:
    May 22 at 3:06 pm

    Property Features for 106 S State Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bathrooms
    1
    Rooms
    Bathroom 1
    Parking
    25
    Standard status
    Active
    APN
    053-144-005-00
    Size
    3,750 SF
    Lot size
    1.00 Acre

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    LOTS 5 & 7 BLK 4 J P BEERS' ADDITION VILLAGE (NOW CITY) OF STANTON. Also 2nd parcel included
    Tax Annual Amount
    2235

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    2000
    Floors in Building
    2
    Number of units
    1
    Building materials
    Vinyl Siding

    We can help!

    Listing Contact
    Scott Giddings
    Scott Giddings

    Listing agent Scott Giddings License #6501396414

    Listing office Five Star Real Estate (Stanton) 133 E Main Street, Jenison, MI

    Listing date Aug 6, 2025

    MLS# 25043373

    Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Established, fully operational business with 13+ years of proven success.
    • Includes tangible and intangible assets, offering a comprehensive business opportunity.
    • Turnkey operation with a solid reputation and loyal customer base.
    • Located on one acre near a high‑traffic intersection in Stanton.
    • Built‑in service pit offers potential for vehicle maintenance services.
    • Property includes vinyl siding, forced air heating, and central air cooling.

    Overview

    This is an opportunity to acquire a fully operational business specializing in auto glass replacement, premium glass shower enclosures, residential window installations, and siding services. The sale includes tangible assets such as equipment, inventory, and real estate, as well as intangible assets like customer lists, brand goodwill, and intellectual property. The business, situated on two parcels totaling one acre near a high-traffic intersection in Stanton, has been operating for over 13 years. The 3,750 square foot property was originally constructed with a built-in service pit designed for oil changes, including a holding tank for used oil. This feature offers potential for vehicle maintenance of an in-house fleet or future expansion to provide services to the general public. The business has a solid reputation and a loyal customer base, making it a turnkey operation.

    Financial Insights

    Value Estimation Calculated for Industrial

    Conservative
    $635.4K
    NOI $57,184 @ 9.00% cap · cautious / downside scenario
    Moderate
    $816.9K
    NOI $57,184 @ 7.00% cap · market / base-case scenario
    Aggressive
    $1.14M
    NOI $57,184 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.
         Calculated for Industrial

    Component $ $/SF
    Gross rent $83.7k $22.32
    − Vacancy −$2.0k −$0.54
    EGI $81.7k $21.78
    − OpEx −$24.5k −$6.54
    NOI $57.2k $15.25
    3,750 SF · lease $22.32/SF/yr · vacancy 2.40% · expense 30.00%

    Alternative Use Scenarios

    Best Use
    Industrial
    $816.9K
    $714.8K – $953.1K (±1% cap)
    NOI $57,184 @ 7.0% cap · market cap 8.18%
    Second Best
    Retail
    $556.1K
    $486.6K – $648.8K (±1% cap)
    NOI $38,928 @ 7.0% cap · market cap 5.57%
    Theoretical Best
    Self Storage
    $51.90M
    $45.41M – $60.55M (±1% cap)
    NOI $3,632,847 @ 7.0% cap · market cap 519.72%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Stanton Glass General Contractor

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Bookwalter Towing & Recovery — 335 s state st, stanton, mi 48888
    • C C Auto Repair — 321 E Walnut St, Stanton, MI 48888
    • Bookwalter Collision Center — 335 s sheridan rd, stanton, mi 48888
    • Bookwalter Chevrolet Buick Service & Body Shop — 335 s sheridan rd, stanton, mi 48888
    • Bookwalter Chevrolet — 335 S Sheridan Rd Building C, Stanton, MI 48888

    Location Insight

    • Map
    • Local Demand
    City
    Stanton
    County
    Montcalm
    State
    Michigan
    Longitude
    -85.0744
    Latitude
    43.291747

    Nearby Similar for Sale

    • $525,000
      7,100 SF

      High-Visibility Retail Store on M-66

      7,724 sq ft commercial building on 2 acres.
      650 S State Street, Stanton, MI 48889
      View Details
    • $99,900

      Mixed-Use Property with Recent Upgrades

      Mixed-use property suitable for commercial, residential, or live/work.
      119 N Camburn St, Stanton, MI 48888
      View Details

    FAQs

    What type of property is this?
    Auto shop - Turnkey auto glass and siding business on a one-acre lot.
    Where is this auto shop located?
    The property is located at 106 S State Street Stanton, MI.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: Established, fully operational business with 13+ years of proven success.; Includes tangible and intangible assets, offering a comprehensive business opportunity.; Turnkey operation with a solid reputation and loyal customer base.
    (989) 287-0962
    We can help!
    Listing Contact
    Scott Giddings
    Scott Giddings
    Real Estate License ID: 6501396414
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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