Auto Service Building For
Saint Joseph, MI 49085 Saint Joseph, MI 49085
Saint Joseph, MI, 49085
$545,000
For Sale
$545,000
Well-maintained 7,120 SF auto service building on 0.422 acres.
Property Size7,120 SF
Lot Size0.42 Acres
Price / SF$76.54
Days on Market175
Property Features
General Information
- Standard status
- Active
- Size
- 7,120 SF
- Lot size
- 0.42 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1952
Listing agency
Signature Associates
(616) 822-6310
Listed by
Joe Rizqallah
(616) 822-6310
Source
Tcnworldwide
Added: Jan 27 Updated: Jul 10 at 12:53PM Checked: Jul 21 at 4:57AM
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 Signature Associates
Investment Insights
Based on property information with market context.
This is a well-maintained auto service building, offered for sale for the first time. The building has over 7,000 SF and is situated on a 0.422-acre lot. Constructed with a steel frame and concrete block, the property is zoned C - Commercial Business District. It features ample power, making it suitable for auto-related uses. The site includes a fenced area designed for semi-trucks, deliveries, and repaired vehicles. The property is equipped with five overhead doors. The previous owner operated an auto service business at this location for over 50 years.
Key Highlights
- Over 7,000 SF auto service building on 0.422 acres.
- C - Commercial Business District zoning.
- Ample power suitable for auto‑related uses.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.6k | $6.96 |
| − Vacancy | −$4.1k | −$0.58 |
| EGI | $45.4k | $6.38 |
| − OpEx | −$13.6k | −$1.91 |
| NOI | $31.8k | $4.47 |
7,120 SF · lease $6.96/SF/yr · vacancy 8.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.06M
$923.9K – $1.23M
NOI $73,912 @ 7.0% cap · market cap 13.56%
Second Best
Industrial
$454.4K
$397.6K – $530.2K
NOI $31,809 @ 7.0% cap · market cap 5.84%
Theoretical Best
Office A
$1.50M
$1.31M – $1.75M
NOI $104,877 @ 7.0% cap · market cap 19.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- Harmon Autoglass — 2360 S Cleveland Ave, St Joseph, MI 49085
- Matt's Auto Care, L.L.C. — 2101 Niles Rd, St Joseph, MI 49085
- Autolights4less — 1776 Hilltop Rd, St Joseph, MI 49085
- WINDSHIELD GUYZ — 2620 Cleveland Ave, St Joseph, MI 49085
- Le Roys of St Joe — 2504 Pixley Ave, St Joseph, MI 49085
FAQs
What type of property is this?
Auto shop - Well-maintained 7,120 SF auto service building on 0.422 acres.
Where is this auto shop located?
The property is located at Saint Joseph, MI.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: Over 7,000 SF auto service building on 0.422 acres.; C - Commercial Business District zoning.; Ample power suitable for auto‑related uses.
