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    10224 Conant St Hamtramck, MI 48212

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    For Sale
    $549,900

    Thriving business with rental income and private parking.

    Lot size:
    0.10 Acres

    Property Features for 10224 Conant St

    General Information

    Lot size
    0.10 Acres

    Building Details

    Year built
    1985

    Source: Home Pride Realty Agent Kabir Ahmed

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Business with Rental Income

    This property presents a rare opportunity to acquire an established business with a history of over 30 years. The property includes two residential units, providing immediate rental income, along with a recently rented garage that also contributes to the income stream. The sale encompasses both the business and its inventory. There is also an option to purchase the real estate separately. The property features private parking with ample space. The property is located in Hamtramck, Michigan.
    Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Express, Osiris corp shop, Fred's Bump & Paint Shop, Mike's Mechanic Services, A&A AUTO Tires and oil change

    Location Insight

    • Map
    • Local Demand
    City
    Hamtramck
    County
    Wayne
    State
    Michigan
    Longitude
    -83.051706
    Latitude
    42.401696

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    FAQs

    What type of property is this?
    Auto shop - Thriving business with rental income and private parking.
    Where is this auto shop located?
    The property is located at 10224 Conant St Hamtramck, MI.
    What is the asking price?
    The asking price for this property is $549,900.
    What are key features of this property?
    This property features: - Thriving business with 30+ years of success included.; - Immediate rental income from two residential units and a rented garage.; - Business and inventory included in the sale.
    (313) 510-2272
    Request Owner's contact information
    10224 Conant St Hamtramck, MI 48212
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10224 Conant St Hamtramck, MI 48212
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