Turnkey Auto
2355 Fort Street Wyandotte, MI 48192
New
For Sale
$250,000
Turnkey auto dealership includes office space and parking capacity for 100+ vehicles in a high-traffic commercial corridor.
Days on Market5
Property Features for 2355 Fort Street
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1975
Listing Agency:
Keller Williams Legacy
(313) 482-8893
Listed By:
Hiam Harb
Source:
Thebrokeragehouse
Added: Jul 26
Changed: Jul 27
Last Checked: Jul 29 at 12:47PM
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 Keller Williams Legacy
Investment Insights
Based on property information with market context.
This turnkey auto dealership is offered for sale as a fully operational business. The property includes a professional office and a parking capacity for 100+ vehicles, supporting dealer inventory and customer parking needs. The dealership is positioned as ready for a seamless transition to a new owner with established operations in place.
The business is located on a busy commercial corridor with high visibility and exposure.
The sale includes established financing relationships with Westlake Financial, Credit Acceptance, Western Funding, and Agora Data, providing customers with multiple financing options.
The business is located on a busy commercial corridor with high visibility and exposure.
The sale includes established financing relationships with Westlake Financial, Credit Acceptance, Western Funding, and Agora Data, providing customers with multiple financing options.
Key Highlights
- Turnkey, fully operational auto dealership built in 1975
- Parking capacity for 100+ vehicles
- Includes a professional office
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 | $15.0k | $14.40 |
| − Vacancy | −$899 | −$0.86 |
| EGI | $14.1k | $13.54 |
| − OpEx | −$4.2k | −$4.06 |
| NOI | $9.9k | $9.48 |
1,040 SF · lease $14.40/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$140.8K
$123.2K – $164.2K
NOI $9,854 @ 7.0% cap · market cap 3.94%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$192.5K
$168.5K – $224.6K
NOI $13,478 @ 7.0% cap · market cap 5.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
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- Michigan Epoxy Floor Systems — 3590 22nd St, Wyandotte, MI 48192
Frequently Asked Questions
What type of property is this?
Showroom - Turnkey auto dealership includes office space and parking capacity for 100+ vehicles in a high-traffic commercial corridor.
Where is this showroom located?
The property is located at 2355 Fort Street Wyandotte, MI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Turnkey, fully operational auto dealership built in 1975; Parking capacity for 100+ vehicles; Includes a professional office
