Mechanic Shop and Coin Car
For Sale
Contact for pricing
14201 WYOMING Street, Detroit, MI 48238
Multi-bay mechanic shop, 7-bay coin car wash, and additional vacant retail space available for lease.
Property Size3,900 SF
Price / SF$1.79
Days on Market97
Property Features for 14201 WYOMING Street
General Information
Standard status
Active
Size
3,900 SF
Site & Location
Neighborhood
Northwest Community
Traffic Count
23,600 vehicles/day
Listing Agency:
My Realty LLC
(248) 419-3999
Listed By:
Joseph Manuel · License #6501302689
(248) 207-6307
Source:
Brendaharrisgroup
Added: Jul 27
Changed: Oct 25
Last Checked: Oct 30 at 1:44PM
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 My Realty LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property combines three business uses: an auto shop, a coin-operated car wash, and commercial space available for lease. The mechanic shop is 7,800 SF with six bays, six lifts, and a new Hunter alignment machine. The car wash component is a 7-bay coin-operated system.
An additional 3,900 SF of vacant space is available for lease, previously operated as a Boost Mobile store and a convenience store. The property is located on Wyoming Street, with reported traffic of 23,600 vehicles per day.
The existing configuration supports both vehicle service and customer car wash operations, with separate leaseable space for a retail or service tenant.
An additional 3,900 SF of vacant space is available for lease, previously operated as a Boost Mobile store and a convenience store. The property is located on Wyoming Street, with reported traffic of 23,600 vehicles per day.
The existing configuration supports both vehicle service and customer car wash operations, with separate leaseable space for a retail or service tenant.
Key Highlights
- 7,800 SF mechanic shop with 6 bays and 6 lifts
- Includes new Hunter alignment machine for vehicle service
- 7‑bay coin‑operated car wash on‑site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,968
Suggested Prices Based on Cap Rates
Cap Rate 5%
$379,360
$379.4K
Cap Rate 7%
$270,971
$271.0K
Cap Rate 9%
$210,756
$210.8K
Market Conditions
NOI Build-Up for 3,900 SF
Gross rent
$28.5K $7.32/SF
− Vacancy
−$1.5K −$0.37/SF
EGI
$27.1K $6.95/SF
− OpEx
−$8.1K −$2.08/SF
NOI
$19.0K $4.86/SF
Area
Detroit, MI
Vacancy
5.08%
Lease Rate
$7.32 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$379,360
Cap Rate 7%
$270,971
Cap Rate 9%
$210,756
Alternative Uses
Best Use
Specialty Retail
$735.2K
$643.3K – $857.8K
NOI $51,467 @ 7.0% cap · market cap 735.24%
Second Best
Retail
$686.2K
$600.5K – $800.6K
NOI $48,036 @ 7.0% cap · market cap 686.23%
Theoretical Best
Office A
$860.4K
$752.8K – $1.00M
NOI $60,225 @ 7.0% cap · market cap 860.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
23,600 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
285
Businesses Nearby
13k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 91%
Electronics 9%
Sunoco
Shops & Services
6,109 visits/mo
0.2 miles
Marathon Petroleum
Shops & Services
5,381 visits/mo
0.3 miles
Metro by T-Mobile
Electronics
1,162 visits/mo
0.3 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Detroit, MI
Similar Off Market Nearby
- Detroit Detail 313, LLC — 13201 Grand River Ave, Detroit, MI 48227
- American Collision and Automotive — 12820 Grand River Ave, Detroit, MI 48227
- Three Stars Auto Repair & Service — fullerton ave, detroit, mi 48227
- All American Collision Experts — 12820 Grand River Ave, Detroit, MI 48227
- Shake's mechanics and Auto Repair — 13612 Appoline St, Detroit, MI 48227
Frequently Asked Questions
What type of property is this?
Auto shop - Multi-bay mechanic shop, 7-bay coin car wash, and additional vacant retail space available for lease.
Where is this auto shop located?
The property is located at 14201 WYOMING Street Detroit, MI.
What are key features of this property?
This property features: 7,800 SF mechanic shop with 6 bays and 6 lifts; Includes new Hunter alignment machine for vehicle service; 7‑bay coin‑operated car wash on‑site
