Detroit Automotive Garage For Sale

13241 FENKELL Street, Detroit, MI 48227

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For Sale

$144,000

Three-bay automotive garage in Detroit, approximately 1,500 square feet.

Type:Commercial/Industrial

Property size:

1,271 SF

Lot size:

0.16 Acres

Price / SF:

$113/SF

HighLights

Three bay full service automotive garage
Great location in the City of Detroit
Like‑new roof
Clean interior
Approximately 1,500 Sq. Ft. of garage space
Year built 1930

We can help!

Listing Contact

Herbert J Hill Jr

For Sale

$144,000

Three-bay automotive garage in Detroit, approximately 1,500 square feet.

Type:Commercial/Industrial

Property size:

1,271 SF

Lot size:

0.16 Acres

Price / SF:

$113/SF

Added:: Oct 2, 2024
Days on Market:: 621
Last Refresh:: May 19 at 11:47 pm

Property Features for 13241 FENKELL Street

General Information

Standard status: Active
Size: 1,271 SF
Lot size: 0.16 Acres
Property subtype: Commercial/Industrial

Building Details

Year Built: 1930

We can help!

Listing Contact

Herbert J Hill Jr

Listing agent Herbert J Hill Jr License #6504381646

Listing office Herbert J Hill Realty Real Estate Master

Listing date Oct 2, 2024

Source Exitrealty

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 Herbert J Hill Realty Real Estate Master

HighLights

Three bay full service automotive garage
Great location in the City of Detroit
Like‑new roof
Clean interior
Approximately 1,500 Sq. Ft. of garage space
Year built 1930

Overview

This is a full-service automotive garage located in Detroit. The property features three bays and an estimated 1,500 square feet of garage space. Constructed in 1930, the interior is clean, and the roof is like new. The property is suitable for auto shops, automotive businesses, retail, and other commercial real estate ventures.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$17.5k	$13.80
− Vacancy	−$1.5k	−$1.17
EGI	$16.0k	$12.63
− OpEx	−$4.8k	−$3.79
NOI	$11.2k	$8.84

1,271 SF · lease $13.80/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use

Retail

$160.5K

$140.4K – $187.2K (±1% cap)

NOI $11,234 @ 7.0% cap · market cap 7.80%

Second Best

Industrial

$88.3K

$77.3K – $103.0K (±1% cap)

NOI $6,182 @ 7.0% cap · market cap 4.29%

Theoretical Best

Multifamily LT 5

$206.8K

$180.9K – $241.3K (±1% cap)

NOI $14,475 @ 7.0% cap · market cap 10.05%

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

Property Profile Location Intelligence

Current Use by Public Records

Auto shops

Suggested Use

Similar Places Nearby

Pit Stop Oil Change inc — 2526 W Davison St, Detroit, MI 48238
Nino’s Repair’s — 13642 Linwood St, Detroit, MI 48238
NBY1 TIRE AND AUTO REPAIR — 2331 W Davison St, Detroit, MI 48238
Brookins Car Care — 13650 Linwood St, Detroit, MI 48238
Global Auto Repair — 14354 Livernois, Detroit, MI 48238

Location Insight

Map
Local Demand

City: Detroit
County: Wayne
State: Michigan
Longitude: -83.1757
Latitude: 42.4019

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For sale
Auto shops
MI
Detroit
48227
13241 FENKELL Street

What type of property is this?

Auto shop - Three-bay automotive garage in Detroit, approximately 1,500 square feet.

Where is this auto shop located?

The property is located at 13241 FENKELL Street Detroit, MI.

What is the asking price?

The asking price for this property is $144,000.

What are key features of this property?

This property features: Three bay full service automotive garage; Great location in the City of Detroit; Like‑new roof

13241 FENKELL Street, Detroit, MI 48227

Three-bay automotive garage in Detroit, approximately 1,500 square feet.

Property Features for 13241 FENKELL Street

General Information

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Retail

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Turnkey Auto Repair Facility

Detroit Industrial Opportunity For Sale

Detroit Retail Center on Joy

E Warren Retail Opportunity

Rail-Served Heavy Industrial Yard

Turnkey Dry Cleaning Facility

Profitable Auto Business with Real Estate

Detroit Industrial Property with Renovated Office

Detroit Commercial/Industrial Multi-Use Property

Detroit Mixed-Use Property For Sale

Detroit Office Building on Grand River

Turnkey Automotive Facility in Detroit

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