Auto Repair Shop with
128 Baldwin Avenue Unit SourceFi Pontiac, MI 48342
128 Baldwin Avenue Unit SourceFi, Pontiac, MI, 48342
$129,900
For Sale
$129,900
Move-in ready auto repair space with two service bays, a 9,000 lb hoist, air compressor, and dedicated front office.
Property Size1,101 SF
Price / SF$117.98
Days on Market82
Property Features for 128 Baldwin Avenue Unit SourceFi
General Information
- Standard status
- Active
- Size
- 1,101 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 19
Listing Agency
Edge Realty, LLC
(586) 381-1300
Listed by
Salvatore Delisi · License #6501332361
(586) 381-1300
Source
Xome
Added: Apr 28 Checked: Jul 18 at 2:42 am
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 Edge Realty, LLC
Investment Insights
Based on property information with market context.
This auto repair/shop space is designed for day-to-day automotive and light mechanical work and is move-in ready. The main shop area includes two service bays within a 26' x 28' workspace, supported by a dedicated front office measuring 11' x 16'. Additional utility and storage space is provided by a basement.
The shop is well-equipped with a 9,000 lb vehicle hoist, an 80-gallon air compressor, and air lines throughout, along with floor drains and updated electrical service. Operational features include security cameras and a shower, supporting a self-contained workspace for an owner-operator or small service business.
The property’s configuration and installed equipment make it suited for automotive-focused uses such as auto repair, tire service, detail/wrap work, or small engine repair.
The shop is well-equipped with a 9,000 lb vehicle hoist, an 80-gallon air compressor, and air lines throughout, along with floor drains and updated electrical service. Operational features include security cameras and a shower, supporting a self-contained workspace for an owner-operator or small service business.
The property’s configuration and installed equipment make it suited for automotive-focused uses such as auto repair, tire service, detail/wrap work, or small engine repair.
Key Highlights
- Auto repair/shop space with two service bays in a 26' x 28' workspace
- Includes a 9,000 lb vehicle hoist for vehicle service
- Air system features an 80‑gallon air compressor with air lines installed throughout the shop
Local Financial Insights For Retail
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 | $18.5k | $16.80 |
| − Vacancy | −$1.6k | −$1.43 |
| EGI | $16.9k | $15.37 |
| − OpEx | −$5.1k | −$4.61 |
| NOI | $11.8k | $10.76 |
1,101 SF · lease $16.80/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$169.2K
$148.1K – $197.5K
NOI $11,847 @ 7.0% cap · market cap 9.12%
Second Best
Industrial
$77.9K
$68.2K – $90.9K
NOI $5,455 @ 7.0% cap · market cap 4.20%
Theoretical Best
Specialty Retail
$237.5K
$207.8K – $277.1K
NOI $16,623 @ 7.0% cap · market cap 12.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- Pontiac Truck & Trailer Repair — 1330 Wide Trak Dr W, Pontiac, MI 48342
- My Dream Tire and Auto Repair — 304 N Johnson St, Pontiac, MI 48341
- Automation Alloy — 50444 Woodward Ave, Pontiac, MI 48342
- Goodyear Auto Service — 50300 Woodward Ave, Pontiac, MI 48342
- Stitch Kustoms — 304 n johnson, pontiac, mi 48341
FAQs
What type of property is this?
Auto shop - Move-in ready auto repair space with two service bays, a 9,000 lb hoist, air compressor, and dedicated front office.
Where is this auto shop located?
The property is located at 128 Baldwin Avenue Unit SourceFi Pontiac, MI.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: Auto repair/shop space with two service bays in a 26' x 28' workspace; Includes a 9,000 lb vehicle hoist for vehicle service; Air system features an 80‑gallon air compressor with air lines installed throughout the shop
