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4-Bay Auto Shop Building
For Sale
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2427 W Davison St, Detroit, MI 48238

Four-bay auto shop in great condition with a newly signed 5-year lease.

Property SizeContact for details
Days on Market121

Property Features for 2427 W Davison St

General Information

Standard status Active
Property subtype Retail
Listing Agency: Signature Associates Warren
Listed By: Joe Stack · License #MI
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 12:13AM

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 Warren

Investment Insights

Based on property information with market context.

This for-sale 4-bay auto shop is presented in great condition and currently operated with a tenant in place. The property’s configuration supports multi-bay automotive use, with four service bays available for vehicle work.

A tenant has just signed a 5-year lease. The lease is stated in the public remarks at $4,000 per month.

The asset is marketed as an automotive property with existing operating infrastructure for service-bay activity.

Key Highlights

  • 4‑bay auto shop in great condition
  • Tenant just signed a 5‑year lease
  • Lease at $4,000 per month

Property Analytics

Current Use

DT Auto Repair Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

432
Businesses Nearby
84k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 75% Dining 23% Apparel 2% Electronics 1%
Dollar Tree Shops & Services
14,672 visits/mo 0.4 miles
Shell Shops & Services
8,335 visits/mo 0.2 miles
White Castle Dining
8,276 visits/mo 0.1 miles
Dollar General Shops & Services
7,881 visits/mo 0.1 miles
KFC Dining
7,549 visits/mo 0.2 miles

Demographics for 48238, MI

25,747
Population
16,341
Households
1.6
Avg Household Size
37
Median Age
13%
College-Educated
84%
High-School Grad
5.4 sq mi
ZIP Area
4,768
Density / Sq Mi
$30,286
Median Household Income
$25,948
Median Earnings
$950
Median Rent
$58,700
Median Home Value

Market

Vacancy Rate% for Retail in Detroit, MI

7.5% 2019
9.2% 2020
8.5% 2021
7.3% 2022
7.9% 2023
7% 2024
7% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Auto shop - Four-bay auto shop in great condition with a newly signed 5-year lease.
Where is this auto shop located?
The property is located at 2427 W Davison St Detroit, MI.
What are key features of this property?
This property features: 4‑bay auto shop in great condition; Tenant just signed a 5‑year lease; Lease at $4,000 per month
(248) 359-0615 Call to check price and availability
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