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Turnkey Automotive Shop with Income

14801 LIVERNOIS AVE Detroit, MI 48238

14801 LIVERNOIS AVE, Detroit, MI, 48238
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Updated mechanic shop with leased building for additional income.

Property Size3,000 SF
Price / SF$266.33
AddedMay 21
Days on Market56
Last RefreshMay 27 at 8:17 am

Property Features for 14801 LIVERNOIS AVE

General Information

Standard status
Active
Size
3,000 SF
Property subtype
Retail

Building Details

Year Built
2009

Listing office KW Commercial Dearborn

Listing date May 21, 2026

Source Crexi

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 KW Commercial Dearborn


Investment Insights

Based on property information with market context.

This updated commercial building, currently operating as a mechanic shop, presents an automotive opportunity in a high-visibility, high-traffic location. The property is equipped and turnkey, with recent upgrades including five new garage doors, fresh interior and exterior paint, bright LED lighting, three new hoists, and a new HVAC system. The space features a modern customer waiting area and epoxy flooring. An attached 5,000 sq. ft. building is currently leased for $2,000 per month, generating $24,000 in annual income. The property size is approximately 3,000 sq. ft.

Key Highlights

  • Operating mechanic shop with phenomenal numbers: Turnkey business with proven success.
  • High‑visibility, high‑traffic location: Excellent exposure for attracting customers.
  • Additional income: Leased 5,000 sq. ft. building generates $24,000 annually.

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 $55.8k $18.60
− Vacancy −$3.0k −$1.00
EGI $52.8k $17.60
− OpEx −$15.8k −$5.28
NOI $37.0k $12.32
3,000 SF · lease $18.60/SF/yr · vacancy 5.40% · expense 30.00%

Alternative Uses

Best Use
Retail
$527.9K
$461.9K – $615.9K (±1% cap)
NOI $36,951 @ 7.0% cap · market cap 4.62%
Second Best
Industrial
$208.4K
$182.4K – $243.2K (±1% cap)
NOI $14,591 @ 7.0% cap · market cap 1.83%
Theoretical Best
Office A
$661.8K
$579.1K – $772.1K (±1% cap)
NOI $46,327 @ 7.0% cap · market cap 5.80%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Auto shops

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Gym & Fitness Center HVAC Service Electrical Service Hair Salon Bakery Daycare Center Parking Lot & Garage

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

Similar Off Market Nearby

  • Abes Car Care Inc — 8020 Tireman Ave, Detroit, MI 48204
  • FASTLANE AUTO REPAIR — 8400 Tireman Ave, Detroit, MI 48204
  • E's Automotive Service — 6639Clifton Street #1150, Detroit, MI 48210
  • Majestic Auto Care — 7445 Livernois, Detroit, MI 48210
  • Auto Repair Plus — 8400 Tireman Ave, Detroit, MI 48204

FAQs

What type of property is this?
Auto shop - Updated mechanic shop with leased building for additional income.
Where is this auto shop located?
The property is located at 14801 LIVERNOIS AVE Detroit, MI.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Operating mechanic shop with phenomenal numbers: Turnkey business with proven success.; High‑visibility, high‑traffic location: Excellent exposure for attracting customers.; Additional income: Leased 5,000 sq. ft. building generates $24,000 annually.
Contact an agent
(313) 706-7011 Call to check price and availability
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