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    1608 Walker Ave NW Grand Rapids, MI 49504

    For Sale
    $1,200,000

    Auto repair shop with equipment and sublease opportunity for sale.

    Lot size:
    0.18 Acres

    Property Features for 1608 Walker Ave NW

    General Information

    Lot size
    0.18 Acres

    Building Details

    Year built
    1941

    Source: Apex Realty Group Agent Alexander M Velzen

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

    Overview

    Established Auto Repair Shop

    An established auto repair shop, known as Tom's Service Center, is available for purchase. The property includes multiple lifts and other equipment. Additional office space is present, offering a potential sublease opportunity.
    Insight Report Location Intelligence

    Current Use by Public Records

    Tom's Service Center Auto Repair Shop Aloneet inc Media Consultant

    Suggested Use

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

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

    Similar Places Nearby

    Seppala's Bodyshop & Restoration, Los Pepes Tire Shop, LLC, Marino's Junior Tire Shop, ATM, Sanchez Auto Repair

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rapids
    County
    Kent
    State
    Michigan
    Longitude
    -85.708863
    Latitude
    42.986599

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    FAQs

    What type of property is this?
    Auto shop - Auto repair shop with equipment and sublease opportunity for sale.
    Where is this auto shop located?
    The property is located at 1608 Walker Ave NW Grand Rapids, MI.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Established auto repair shop (Tom's Service Center) presents a great business opportunity.; - Multiple lifts and other equipment included.; - Additional office space available on site.
    (616) 648-3904
    Request Owner's contact information
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    Grand Rapids, MI 49504
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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
    1608 Walker Ave NW Grand Rapids, MI 49504
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