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    42601 Joy Rd Canton, MI 48187

    Sponsored
    For Sale
    $400,000

    Thriving Auto Repair Shop - Excellent Location

    Property size:
    20,711 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional turnkey opportunity presents a well-established oil change and auto repair business situated on a highly visible 3.66-acre lot at 42601 Joy Road in Canton, Michigan. The property boasts a substantial 20,711 square feet of industrial space, perfectly suited for continued operation of the existing business. The business itself enjoys a proven track record of success, built upon a strong and loyal customer base cultivated over many years. The sale includes all equipment and inventory, ensuring a seamless transition for the new owner. This is a rare chance to acquire a profitable, established enterprise in a thriving community, ready to generate immediate income. The business offers a diverse range of services, including oil changes and comprehensive auto repair, catering to a broad customer base. Seller financing is available, making this an even more attractive proposition for qualified buyers. The high visibility location on Joy Road guarantees significant exposure and accessibility for customers. This is a truly turnkey operation, requiring minimal effort to begin generating revenue. Serious inquiries only. Please do not contact employees directly.

    Property Features for 42601 Joy Rd

    General Information

    Property type
    Industrial properties
    Square Feet
    20,711 SF
    Lot Size
    159,430 SF

    Building Details

    Year Built
    1919
    Property Profile Location Intelligence

    Current Use by Public Records

    All In 1 Oil ... Auto Repair Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Canton
    County
    Wayne
    State
    Michigan
    Longitude
    -83.46136
    Latitude
    42.35115

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    FAQs

    What type of property is this?
    Industrial property - Thriving Auto Repair Shop - Excellent Location
    Where is this industrial property located?
    The property is located at 42601 Joy Rd Canton, MI.
    What is the asking price?
    The asking price for this property is $400,000.
    (888) 501-7085
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    42601 Joy Rd Canton, MI 48187
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    42601 Joy Rd Canton, MI 48187
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