Auto Glass and Service
For Sale
$549,000
106 S State Street, Stanton, MI 48888
COMMERCIAL - Stanton, MI
Property Size3,750 SF
Lot Size1.00 Acre
Price / SF$146.40
Days on Market371
Property Features for 106 S State Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
City of Stanton
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking
25
Elementary school district
Central Montcalm
Middle school district
Central Montcalm
High school district
Central Montcalm
Directions
M66 (Sheridan Rd) towards Stanton on the corner of M66(State St/Sheridan Rd) & Walnut St in Stanton, One block south of Main St
Subdivision
Montcalm County - V
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
Legal Description
LOTS 5 & 7 BLK 4 J P BEERS' ADDITION VILLAGE (NOW CITY) OF STANTON. Also 2nd parcel included
Utilities
Sewer type
Septic Tank
Heating system
Forced Air
Cooling system
Central Air
Amenities
service pit
Building Details
Year built
2000
Floors in Building
2
Number of units
1
Building materials
Vinyl Siding
Listing Agency:
Five Star Real Estate (Stanton)
(989) 287-0962
Listed By:
Scott Giddings · License #6501396414
(989) 287-0962
Added: Aug 6, 2025
Changed: Aug 4
Last Checked: Aug 11 at 9:06PM
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.
Investment Insights
Based on property information with market context.
This turnkey business opportunity combines an established service operation with included tangible and intangible assets. The company specializes in auto glass replacement, premium glass shower enclosures, residential window installations, and siding services. The sale includes equipment and inventory, as well as customer lists and brand goodwill, along with intellectual property such as patents or trademarks. The facility was built with a built-in service pit designed for oil changes, including a holding tank for used oil, supporting in-bay vehicle maintenance and potential additional service capability.
The property is offered on two parcels totaling one acre and contains a 3,750-square-foot facility. It is located near a high-traffic intersection in Stanton, providing convenient access for customers and deliveries related to installation and replacement work.
For an owner-operator or investor looking to step into an operating business, the current scope of services includes both automotive and residential installation offerings. The existing service pit and tank support vehicle-focused work for an in-house fleet, while the remainder of the facility can be considered for future expansion to serve the general public, subject to applicable requirements.
The property is offered on two parcels totaling one acre and contains a 3,750-square-foot facility. It is located near a high-traffic intersection in Stanton, providing convenient access for customers and deliveries related to installation and replacement work.
For an owner-operator or investor looking to step into an operating business, the current scope of services includes both automotive and residential installation offerings. The existing service pit and tank support vehicle-focused work for an in-house fleet, while the remainder of the facility can be considered for future expansion to serve the general public, subject to applicable requirements.
Key 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.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$38,928
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.09%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
Self Storage
$51.90M
$45.41M – $60.55M
NOI $3,632,847 @ 7.0% cap · market cap 661.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Auto shop - Turnkey auto glass, residential window and siding services, with a built-in service pit for vehicle maintenance.
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: 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.
