Automotive Service Shop with Multiple
For Sale
$875,000
11505 Livernois, Detroit, MI 48204
The sale includes service equipment, a customer lobby, and a separate parcel on Livernois Avenue.
Property Size4,000 SF
Price / SF$218.75
Days on Market265
Property Features for 11505 Livernois
General Information
Standard status
Active
Size
4,000 SF
Property subtype
Commercial/Industrial
Zoning
Commercial
Site & Location
Neighborhood
Midwest
Highway Access
Yes
Road Access
Yes
Tenancy & Operations
Currently Operating
Yes
Real Estate Included
Yes
Additional Details
Business Included
Yes
Automotive Uses
auto repair
Amenities
overhead service doors
high ceilings
front lobby
office area
Building Details
Buildings
1
Listed By:
J.A. BACHLER
(810) 765-8895
Source:
Jabachler
Added: Feb 6
Changed: Oct 27
Last Checked: Oct 27 at 3:22AM
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 J.A. BACHLER
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding automotive service property includes approximately 4,000 square feet, multiple service bays, and two 12-foot overhead doors. The interior also has a customer lobby, office area, and high ceilings. Service equipment is included in the sale, along with the operating automotive business and the underlying real estate. The property is zoned Commercial.
The offering includes a second parcel at 11600 Livernois Ave, approximately one block south of the main building at 11505 Livernois. The site is next door to the historic St. Cecilia's Gym site and has central proximity to I-96.
The offering includes a second parcel at 11600 Livernois Ave, approximately one block south of the main building at 11505 Livernois. The site is next door to the historic St. Cecilia's Gym site and has central proximity to I-96.
Key Highlights
- Approximately 4,000 square feet with multiple service bays
- Two 12‑foot overhead service doors
- Service equipment included in the sale
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,268
Cap Rate
5.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$985,360
$985.4K
Cap Rate 7%
$703,829
$703.8K
Cap Rate 9%
$547,422
$547.4K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$74.4K $18.60/SF
− Vacancy
−$4.0K −$1.00/SF
EGI
$70.4K $17.60/SF
− OpEx
−$21.1K −$5.28/SF
NOI
$49.3K $12.32/SF
Area
Detroit, MI
Vacancy
5.40%
Lease Rate
$18.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$985,360
Cap Rate 7%
$703,829
Cap Rate 9%
$547,422
Alternative Uses
Best Use
Retail
$703.8K
$615.9K – $821.1K
NOI $49,268 @ 7.0% cap · market cap 5.63%
Second Best
Industrial
$277.9K
$243.2K – $324.3K
NOI $19,455 @ 7.0% cap · market cap 2.22%
Theoretical Best
Office A
$882.4K
$772.1K – $1.03M
NOI $61,769 @ 7.0% cap · market cap 7.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
356
Businesses Nearby
62k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 78%
Shops & Services 22%
McDonald's
Dining
27,407 visits/mo
0.3 miles
Wendy's
Dining
14,200 visits/mo
0.3 miles
BP
Shops & Services
7,019 visits/mo
0.2 miles
KFC
Dining
6,262 visits/mo
0.2 miles
Citgo
Shops & Services
4,284 visits/mo
0.5 miles
Demographics for 48204, MI
21,738
Population
13,691
Households
1.6
Avg Household Size
37
Median Age
10%
College-Educated
83%
High-School Grad
5.0 sq mi
ZIP Area
4,348
Density / Sq Mi
$32,875
Median Household Income
$26,701
Median Earnings
$970
Median Rent
$53,600
Median Home Value
Market
Vacancy Rate% for Retail in Detroit, MI
Similar Off Market Nearby
- STAR MINOR AUTO REPAIR — 9152 Livernois, Detroit, MI 48204
- 5 Star Minor Auto Repair — 9154 Livernois, Detroit, MI 48204
- Metro Customs and Repairs — 8911 Grand River Ave, Detroit, MI 48204
- Complete AUTO CARE — S Martindale St, Detroit, MI 48204
- JK CASH FOR JUNK CARS — 9470 Northlawn Ave, Detroit, MI 48204, United States
Frequently Asked Questions
What type of property is this?
Auto shop - The sale includes service equipment, a customer lobby, and a separate parcel on Livernois Avenue.
Where is this auto shop located?
The property is located at 11505 Livernois Detroit, MI.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Approximately 4,000 square feet with multiple service bays; Two 12‑foot overhead service doors; Service equipment included in the sale
