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    6740 Michigan Ave Detroit, MI 48210

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    For Sale
    $68,999

    Turn-key mechanic shop business for sale in Detroit.

    Lot size:
    0.08 Acres

    Property Features for 6740 Michigan Ave

    General Information

    Lot size
    0.08 Acres

    Building Details

    Year built
    2005

    Source: Got Key'D Realty Agent Ali Abdallah

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

    Overview

    Established Auto Shop Business Opportunity

    A mechanic shop business is available for sale, situated in a workspace of nearly 3500 square feet. The business has been operating for 42 years and was fully updated in 2024. The property benefits from grandfather zoning, ensuring its continued use as an auto shop. It is the only protected parcel eligible for used tire sales on Michigan Ave and is exempt from 2030 rezoning. This is a cashflow heavy business.
    Insight Report Location Intelligence

    Current Use by Public Records

    Michigan Martin Services ... Auto Repair Shop

    Suggested Use

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

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

    Similar Places Nearby

    A1 Detroit Auto & Diesel Repair, Superior Turbo & Injection, Central Truck Repair, Detroit Highway Rescue, Feldman Ford Collision Center

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1270668
    Latitude
    42.3313449

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    FAQs

    What type of property is this?
    Auto shop - Turn-key mechanic shop business for sale in Detroit.
    Where is this auto shop located?
    The property is located at 6740 Michigan Ave Detroit, MI.
    What is the asking price?
    The asking price for this property is $68,999.
    What are key features of this property?
    This property features: - Recession-thriving mechanic shop business for sale.; - **Turnkey operation, fully updated in 2024.**; - Grandfathered zoning protects business from future rezoning.
    (313) 228-5710
    Request Owner's contact information
    6740 Michigan Ave Detroit, MI 48210
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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
    6740 Michigan Ave Detroit, MI 48210
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