Vehicle Repair and Gas
1831 142nd Ave, Dorr, MI 49323
For Sale
$2,100,000
Automotive service building with service bays, fenced storage, and a gas station with convenience store on a corner lot.
Property Size8,100 SF
Price / SF$259.26
Days on Market193
Property Features for 1831 142nd Ave
General Information
Standard status
Size
Property subtype
Zoning
Listing Agency:
Advantage Commercial Real Estate
Listed By:
Thomas Vredevelt · License #6501457145
(616) 724-0024
Source:
Carwm.resimplifi
Added: May 1
Changed: Oct 25
Last Checked: Nov 8 at 2:18AM
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 Advantage Commercial Real Estate
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Investment Insights
Based on property information with market context.
1831 142nd Avenue is an 8,100 SF vehicle repair building currently occupied by Dorr Standard Service. The facility is configured with multiple service and storage bays, supported by interior heights ranging from 16 to 24 feet for a range of vehicle service activities. In addition to the service areas, the site includes fenced outdoor storage and ample onsite parking to support vehicle and equipment staging.
The property sits on a corner lot with multiple points of ingress and egress, providing practical access for vehicles entering and leaving the service bays. A gas station with an accompanying convenience store is included with the site, giving the property a blended automotive and retail convenience use profile.
As a for-sale offering combining business and real estate, the asset is best suited for buyers looking for an automotive-focused operation with existing service-bay infrastructure and outdoor storage. Tenants and operators can consider the multi-bay layout and vehicle-ready access as a foundation for vehicle repair and related service uses, while the included gas station and convenience store supports a complementary daily retail component.
The property sits on a corner lot with multiple points of ingress and egress, providing practical access for vehicles entering and leaving the service bays. A gas station with an accompanying convenience store is included with the site, giving the property a blended automotive and retail convenience use profile.
As a for-sale offering combining business and real estate, the asset is best suited for buyers looking for an automotive-focused operation with existing service-bay infrastructure and outdoor storage. Tenants and operators can consider the multi-bay layout and vehicle-ready access as a foundation for vehicle repair and related service uses, while the included gas station and convenience store supports a complementary daily retail component.
Key Highlights
- 8,100 SF vehicle repair building built in 1965 in downtown Dorr, MI
- Configured with multiple service and storage bays; interior heights range from 16 to 24 ft
- Corner lot with multiple points of ingress and egress for vehicles and equipment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$90,091
Cap Rate
4.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,801,820
$1.8M
Cap Rate 7%
$1,287,014
$1.3M
Cap Rate 9%
$1,001,011
$1.0M
Market Conditions
NOI Build-Up for 8,100 SF
Gross rent
$125.4K $15.48/SF
− Vacancy
−$5.3K −$0.65/SF
EGI
$120.1K $14.83/SF
− OpEx
−$30.0K −$3.71/SF
NOI
$90.1K $11.12/SF
Area
Allegan County, MI
Vacancy
4.20%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,801,820
Cap Rate 7%
$1,287,014
Cap Rate 9%
$1,001,011
Alternative Uses
Best Use
Specialty Retail
$1.29M
$1.13M – $1.50M
NOI $90,091 @ 7.0% cap · market cap 4.29%
Second Best
Retail
$1.20M
$1.05M – $1.40M
NOI $84,085 @ 7.0% cap · market cap 4.00%
Theoretical Best
Office A
$1.70M
$1.49M – $1.99M
NOI $119,312 @ 7.0% cap · market cap 5.68%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
121
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 49323, MI
10,235
Population
3,920
Households
2.6
Avg Household Size
37
Median Age
24%
College-Educated
93%
High-School Grad
50.1 sq mi
ZIP Area
204
Density / Sq Mi
$97,230
Median Household Income
$50,345
Median Earnings
$1,339
Median Rent
$271,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Repair Rite Machine Inc — 1946 142nd Ave, Dorr, MI 49323
- Dorr Standard Service — 1831 142nd Ave, Dorr, MI 49323
- Fifelski Towing & Recovery — 4204 18th St, Dorr, MI 49323
- Adelman Mobile Windshield Repair & Replacement Team — 1784 142nd ave, dorr, mi 49323
- Dorr Village Auto Body — 4209 Park St, Dorr, MI 49323
Frequently Asked Questions
What type of property is this?
Auto shop - Automotive service building with service bays, fenced storage, and a gas station with convenience store on a corner lot.
Where is this auto shop located?
The property is located at 1831 142nd Ave Dorr, MI.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 8,100 SF vehicle repair building built in 1965 in downtown Dorr, MI; Configured with multiple service and storage bays; interior heights range from 16 to 24 ft; Corner lot with multiple points of ingress and egress for vehicles and equipment
