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Automotive Property with Repair Bays
New
For Sale
$850,000

31560 Groesbeck Hwy, Fraser, MI 48026

A fenced lot accommodates vehicle storage alongside the automotive building.

Property Size1,000 SF
Days on Market4

Property Features for 31560 Groesbeck Hwy

General Information

Standard status Active
Size 1,000 SF
Property subtype Commercial

Site & Location

Fenced Yard Yes
Outdoor Storage Yes

Additional Details

Service Bays 2

Taxes and HOA fees

Annual Taxes $6,545

Building Details

Building Size 1,000 SF
Year Built 1960
Listing Agency: Max Broock Realtors
Listed By: Alia J Belbeisi · License #6501292894
Source: Elliman
Added: Oct 20 Changed: Oct 21 Last Checked: Oct 21 at 2:27AM

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 Max Broock Realtors

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Investment Insights

Based on property information with market context.

This automotive property includes a repair building with 2 bays and a fenced lot for vehicle storage. The improvements date to 1960, with additional storage space also noted.

The property is at 31560 Groesbeck Hwy in Fraser, Michigan. A separate building next door is also for sale.

Key Highlights

  • Two repair bays
  • Fenced lot for vehicle storage
  • Additional storage space

Property Analytics

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Open Analytics

Current Use

S Car Rental Facility

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Service bays
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

647
Businesses Nearby
85k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 54% Dining 44% Electronics 2%
Dollar Tree Shops & Services
18,390 visits/mo 0.1 miles
Valero Energy Shops & Services
9,706 visits/mo 0.4 miles
Ram's Horn Dining
9,572 visits/mo 0.5 miles
Jimmy John's Dining
9,535 visits/mo 0.4 miles
Family Dollar Shops & Services
7,638 visits/mo 0.3 miles

Demographics for 48026, MI

14,726
Population
6,778
Households
2.2
Avg Household Size
44
Median Age
21%
College-Educated
91%
High-School Grad
4.1 sq mi
ZIP Area
3,592
Density / Sq Mi
$61,118
Median Household Income
$40,198
Median Earnings
$827
Median Rent
$193,600
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 Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

  • Valvoline Express Care — 30996 Groesbeck Hwy, Roseville, MI 48066
  • S — 31560 Groesbeck Hwy, Fraser, MI 48026
  • value auto rental llc — 31580 Groesbeck Hwy, Fraser, MI 48026
  • Faurecia Interior Systems Inc — 17085 Masonic, Fraser, MI 48026
  • Michigan Dumpster Rental — 32535 Groesbeck Hwy, Fraser, MI 48026

Frequently Asked Questions

What type of property is this?
Automotive property - A fenced lot accommodates vehicle storage alongside the automotive building.
Where is this automotive property located?
The property is located at 31560 Groesbeck Hwy Fraser, MI.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Two repair bays; Fenced lot for vehicle storage; Additional storage space
More about this property
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