Commercial Building on High-Traffic
3401 Fenton Rd Flint, MI 48507
For Sale
$67,900
Versatile commercial building with income-generating billboard in high-traffic location.
Property Size1,000 SF
Lot Size0.25 Acres
Price / SF$67.90
Days on Market100
Property Features for 3401 Fenton Rd
General Information
Standard status
Active
Size
1,000 SF
Lot size
0.25 Acres
Property subtype
Commercial
Building Details
Year Built
1965
Listing Agency:
NextHome, Inc
(810) 397-1844
Listed By:
Jeremy Thibault · License #6501345781,PersonLicenseNumber
(810) 397-1844
Source:
Elliman
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 29 at 1:50PM
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 NextHome, Inc
Investment Insights
Based on property information with market context.
This commercial property offers an affordable opportunity with strong visibility and multiple potential uses. The building, approximately 1,000+ sq ft, is situated on a lot just under a quarter acre in a high-traffic location, providing excellent exposure for various business types. Currently configured as two separate units, the space offers flexibility for an owner-user or rental income. It can also be easily converted back into one larger unit. Potential business uses include a small car lot, mechanic or body shop, retail storefront, office space, or storage. An on-site billboard generates income that can help offset ownership costs. The location has a bike score of 47, indicating it is somewhat bikeable, a walk score of 55, indicating it is somewhat walkable, and a transit score of 29, indicating some transit options are available.
Key Highlights
- High‑traffic location with excellent exposure
- Flexible space configurable as two units or one large unit
- Multiple potential uses: car lot, mechanic shop, retail, office, storage
Financial Insights For Industrial
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 | $9.0k | $9.00 |
| − Vacancy | −$909 | −$0.91 |
| EGI | $8.1k | $8.09 |
| − OpEx | −$2.4k | −$2.43 |
| NOI | $5.7k | $5.66 |
1,000 SF · lease $9.00/SF/yr · vacancy 10.10% · expense 30.00%
Alternative Uses
Best Use
Retail
$148.3K
$129.8K – $173.0K
NOI $10,381 @ 7.0% cap · market cap 15.29%
Second Best
Industrial
$80.9K
$70.8K – $94.4K
NOI $5,664 @ 7.0% cap · market cap 8.34%
Theoretical Best
Office A
$210.4K
$184.1K – $245.5K
NOI $14,730 @ 7.0% cap · market cap 21.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Swartz Creek Towing — 4501 Fenton Rd, Flint, MI 48507
- Valvoline Express Care — 4627 Fenton Rd, Flint, MI 48507
- Kyle's Mobile Auto Repair LLC — 814 Hemphill Rd, Flint, MI 48507
- Dag's Collision Services — 4317 Fenton Rd, Flint, MI 48507
- J & J Service Station, Inc. — 4002 Fenton Rd, Flint, MI 48507
Frequently Asked Questions
What type of property is this?
Auto shop - Versatile commercial building with income-generating billboard in high-traffic location.
Where is this auto shop located?
The property is located at 3401 Fenton Rd Flint, MI.
What is the asking price?
The asking price for this property is $67,900.
What are key features of this property?
This property features: High‑traffic location with excellent exposure; Flexible space configurable as two units or one large unit; Multiple potential uses: car lot, mechanic shop, retail, office, storage
