Operational Auto Shop
106 S State Street, Stanton, MI 48888
For Sale
$549,000
Pending
Commercial Sale, Stanton, MI
Property Size3,750 SF
Lot Size1.00 Acre
Days on Market462
Property Features for 106 S State Street
General Information
Property type
Property subtype
Zoning description
Bathrooms
Full bathrooms
Rooms
Parking
Elementary school district
Middle school district
High school district
Directions
Subdivision
Standard status
APN
Size
Lot size
Tenancy & Operations
Currently Operating
Real Estate Included
Business Included
Additional Details
Automotive Uses
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Amenities
service pit
Building Details
Year built
Floors in Building
Number of units
Building materials
Listing Agency:
Five Star Real Estate (Stanton)
Listed By:
Scott Giddings · License MI #6501396414
(989) 287-0962
Added: Aug 6, 2025
Changed: Nov 3
Last Checked: Nov 10 at 7:06AM
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.
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Investment Insights
Based on property information with market context.
This 3,750-square-foot auto shop property includes the operating business and its tangible and intangible assets. The sale includes equipment, inventory, real estate, customer lists, brand goodwill, and intellectual property. The company provides auto glass replacement, glass shower enclosure work, residential window installation, and siding services, with more than 13 years of operating history. The building was constructed in 2000 with a built-in service pit and used-oil holding tank originally designed for oil changes. It also features vinyl siding, forced-air heating, central air, and a septic tank.
The facility occupies two parcels totaling 1 acre near a high-traffic intersection in Stanton. Its configuration includes a bathroom and existing service infrastructure suited to the current operation, with the service pit also supporting vehicle maintenance activity for an in-house fleet or future public-facing services.
The facility occupies two parcels totaling 1 acre near a high-traffic intersection in Stanton. Its configuration includes a bathroom and existing service infrastructure suited to the current operation, with the service pit also supporting vehicle maintenance activity for an in-house fleet or future public-facing services.
Key Highlights
- 3,750‑square‑foot auto shop property with operating business included
- Business has more than 13 years of operating history
- Sale includes equipment, inventory, real estate, customer lists, brand goodwill, and intellectual property
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
NOI $57,184 @ 7.0% cap · market cap 10.42%
Second Best
Retail
$556.1K
$486.6K – $648.8K
NOI $38,928 @ 7.0% cap · market cap 7.09%
Theoretical Best
Warehouse
$992.0K
$868.0K – $1.16M
NOI $69,438 @ 7.0% cap · market cap 12.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
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
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
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 - Established service operation with included equipment, inventory, real estate, customer lists, and intellectual property.
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 $549,000.
What are key features of this property?
This property features: 3,750‑square‑foot auto shop property with operating business included; Business has more than 13 years of operating history; Sale includes equipment, inventory, real estate, customer lists, brand goodwill, and intellectual property
