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Established Automotive Repair Shop

10400 W 7 Mile, Detroit, MI 48221

For Sale
$279,000

The operating business has served its market for more than seven decades and includes a customer base.

Property SizeContact for details
Days on Market68

Property Features for 10400 W 7 Mile

General Information

Standard status Active
Property subtype Commercial/Industrial
Zoning Commercial

Site & Location

Neighborhood Mcdowell

Tenancy & Operations

Currently Operating Yes
Real Estate Included No

Additional Details

Business Included Yes
Listing Agency: Real Estate One-Dbn Hts
Listed By: Ali Fayz · License MI #6501393929
Source: Jabachler
Added: Sep 8 Changed: Nov 11 Last Checked: Nov 14 at 12:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Estate One-Dbn Hts

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This automotive business has operated for more than 70 years and comes with an established customer base. Commercial zoning applies to the property. The lease also covers a vacant lot located across the street.

Key Highlights

  • Automotive business operating for more than 70 years
  • Existing customer base
  • Commercial zoning

Property Analytics

Current Use

Wise Automotive Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Spa & Massage Center Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

527
Businesses Nearby
40k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 50% Shops & Services 50%
Family Dollar Shops & Services
10,691 visits/mo 0.1 miles
BP Shops & Services
9,341 visits/mo 0.2 miles
Checkers Dining
7,609 visits/mo 0.2 miles
Little Caesars Pizza Dining
6,589 visits/mo 0.1 miles
KFC Dining
6,234 visits/mo 0.2 miles

Demographics for 48221, MI

38,204
Population
17,452
Households
2.2
Avg Household Size
38
Median Age
29%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
7,347
Density / Sq Mi
$55,583
Median Household Income
$37,019
Median Earnings
$1,174
Median Rent
$138,700
Median Home Value

Market

Average Price Trend$/SF for Auto shops in Detroit, MI

$125 Jul
$106 Aug
$116 Sep
$101 Oct

Properties on Market for Auto shops in Detroit

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Detroit, MI

7.5% 2019
9.2% 2020
8.5% 2021
7.3% 2022
7.9% 2023
7% 2024
7% 2025

Similar Off Market Nearby

  • Xpert Car Care — 18310 Wyoming Ave, Detroit, MI 48221
  • Specialty Auto Electric — 18310 Wyoming Ave, Detroit, MI 48221
  • Sam Detroit Auto Repair centre#1 — 18500 Wyoming Ave, Detroit, MI 48221
  • Hood's Car Care Clinic — 18462 Wyoming Ave, Detroit, MI 48221
  • Anderson's Auto Repair — 18462 Wyoming Ave, Detroit, MI 48221

Frequently Asked Questions

What type of property is this?
Auto shop - The operating business has served its market for more than seven decades and includes a customer base.
Where is this auto shop located?
The property is located at 10400 W 7 Mile Detroit, MI.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: Automotive business operating for more than 70 years; Existing customer base; Commercial zoning
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Includes: Price & PSF · Cap rate · Location · Zoning

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