Automotive 3-Bay Repair
22900 Greater Mack Avenue Saint Clair Shores, MI 48080
New
22900 Greater Mack Avenue, Saint Clair Shores, MI, 48080
$329,000
For Sale
$329,000
Nearly 2,000-sf three-bay shop with power bay doors, equipment, and 35+ parking spaces in downtown St. Clair Shores.
Property Size2,000 SF
Price / SF$164.50
Days on Market7
Property Features for 22900 Greater Mack Avenue
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1975
Listing agency
Real Estate One-Dbn Hts
(313) 561-3860
Listed by
Ahmed Fayz
Source
Thebrokeragehouse
Added: Jul 16 Updated: Jul 22 at 5:55PM Checked: Jul 22 at 5:55PM
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 Real Estate One-Dbn Hts
Investment Insights
Based on property information with market context.
This nearly 2,000-square-foot three-bay automotive repair shop is presented as turn-key and ready to operate. The shop is equipped with three power bay doors, three hoists, a tire/balance machine, and a dedicated welding area with a welding machine. Improvements and systems called out include new air lines, a new electrical panel and wiring throughout, new LED lighting, and 16 hard-wired cameras to cover the operation inside and out.
The property is located in the heart of downtown St. Clair Shores. Parking is described as 35+ spaces, supporting customer access for a high-activity automotive service use.
The offering is for a business opportunity. The current tenant lease is stated as $3,100 per month, with escalation of $100 each year for the next eight years, and taxes and insurance paid by the landlord. Two licensed mechanics are identified as staying on board; however, the business name is not transferable and transition time may be provided to the right buyer.
The property is located in the heart of downtown St. Clair Shores. Parking is described as 35+ spaces, supporting customer access for a high-activity automotive service use.
The offering is for a business opportunity. The current tenant lease is stated as $3,100 per month, with escalation of $100 each year for the next eight years, and taxes and insurance paid by the landlord. Two licensed mechanics are identified as staying on board; however, the business name is not transferable and transition time may be provided to the right buyer.
Key Highlights
- Nearly 2,000‑sf 3‑bay shop in downtown St. Clair Shores
- 3 power bay doors plus 3 hoists for vehicle service work
- Includes tire/balance machine, welding area with welding machine, and new air lines
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 | $24.0k | $12.00 |
| − Vacancy | −$2.9k | −$1.44 |
| EGI | $21.1k | $10.56 |
| − OpEx | −$6.3k | −$3.17 |
| NOI | $14.8k | $7.39 |
2,000 SF · lease $12.00/SF/yr · vacancy 12.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$211.2K
$184.8K – $246.4K
NOI $14,784 @ 7.0% cap · market cap 4.49%
Second Best
Industrial
$154.1K
$134.8K – $179.7K
NOI $10,784 @ 7.0% cap · market cap 3.28%
Theoretical Best
Specialty Retail
$374.4K
$327.6K – $436.8K
NOI $26,210 @ 7.0% cap · market cap 7.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
MACK AUTO CENTER ...
Auto Repair Shop
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- Champs Car Care — 21900 Greater Mack Ave, St Clair Shores, MI 48080
- Hemphill Towing LLC — 21714 Shady Ln Ave, St Clair Shores, MI 48080
FAQs
What type of property is this?
Auto shop - Nearly 2,000-sf three-bay shop with power bay doors, equipment, and 35+ parking spaces in downtown St. Clair Shores.
Where is this auto shop located?
The property is located at 22900 Greater Mack Avenue Saint Clair Shores, MI.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: Nearly 2,000‑sf 3‑bay shop in downtown St. Clair Shores; 3 power bay doors plus 3 hoists for vehicle service work; Includes tire/balance machine, welding area with welding machine, and new air lines