Building Details

Year Built 2000

Listing Agency: Five Star Real Estate (Stanton)

Listed By: Scott Giddings · License #6501396414 Show Phone

Source: Katie-k

Added: Aug 2 Changed: Sep 14 Last Checked: Oct 7 at 5:15PM

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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 Five Star Real Estate (Stanton)

Investment Insights

Based on property information with market context.

This offering combines an operating automotive and building-services business with the underlying real estate. The company provides auto glass replacement, custom glass shower enclosures, residential window installation, and siding work. The sale includes equipment, inventory, customer lists, brand goodwill, intellectual property, and the real estate. The 3,750-square-foot facility was constructed in 2000 and includes a built-in service pit configured for oil changes, along with a used-oil holding tank.

The property consists of two parcels totaling 1 acre at 106 S State St in Stanton, Michigan. Its operating history exceeds 13 years, providing an established platform across automotive, residential glass, and exterior improvement services. The facility can also support vehicle maintenance for an in-house fleet or future public-facing automotive service operations.

Key Highlights

• Auto glass, shower enclosure, residential window, and siding service lines
• Sale includes equipment, inventory, customer lists, goodwill, intellectual property, and real estate
• 3,750‑square‑foot facility constructed in 2000

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$38,928

Cap Rate

7.09%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$778,560 $778.6K

Cap Rate 7%

$556,114 $556.1K

Cap Rate 9%

$432,533 $432.5K

Market Conditions

NOI Build-Up for 3,750 SF

Gross rent

$58.1K $15.48/SF

− Vacancy

−$2.4K −$0.65/SF

EGI

$55.6K $14.83/SF

− OpEx

−$16.7K −$4.45/SF

NOI

$38.9K $10.38/SF

Area

Montcalm County, MI

Vacancy

4.20%

Lease Rate

$15.48 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$778,560

Cap Rate 7%

$556,114

Cap Rate 9%

$432,533

Alternative Uses

Best Use

Industrial

$816.9K

$714.8K – $953.1K (±1% cap)

NOI $57,184 @ 7.0% cap · market cap 10.42%

Second Best

Retail

$556.1K

$486.6K – $648.8K (±1% cap)

NOI $38,928 @ 7.0% cap · market cap 7.09%

Theoretical Best

Self Storage

$51.90M

$45.41M – $60.55M (±1% cap)

NOI $3,632,847 @ 7.0% cap · market cap 661.72%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Stanton Glass General Contractor

Suggested Use

Top Pick Big Box & Wholesale Store Parking Lot & Garage Electrical Service Building Supply Garden Center Plumbing Service

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

1

Service bays

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

253

Businesses Nearby

25k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 64% Shops & Services 36%

McDonald's Dining

15,731 visits/mo 0.2 miles

Dollar Tree Shops & Services

6,242 visits/mo 0.1 miles

Marathon Shops & Services

2,714 visits/mo 0.4 miles

Demographics for 48888, MI

6,258

Population

2,928

Households

2.1

Avg Household Size

45

Median Age

13%

College-Educated

89%

High-School Grad

85.2 sq mi

ZIP Area

73

Density / Sq Mi

$55,954

Median Household Income

$36,164

Median Earnings

$899

Median Rent

$147,300

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this auto shops located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Freestanding Retail Building

650 S State Street, Stanton, MI 48889

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Secure Flex Space Building

2811 S Sheridan Rd, Stanton, MI 48888

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Similar Off Market Nearby

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

Frequently Asked Questions

What type of property is this?

Auto shop - Operating enterprise includes glass, shower enclosure, window installation, and siding service lines.

Where is this auto shop located?

The property is located at 106 S State St Stanton, MI.

What is the asking price?

The asking price for this property is $549,000.

What are key features of this property?

This property features: Auto glass, shower enclosure, residential window, and siding service lines; Sale includes equipment, inventory, customer lists, goodwill, intellectual property, and real estate; 3,750‑square‑foot facility constructed in 2000