Turnkey Auto Repair
4750 Conner Street Detroit, MI 48215
4750 Conner Street, Detroit, MI, 48215
$180,000
For Sale
$180,000
Well-maintained, fully gated auto repair building offered for sale with 2,100 SF of turnkey space.
Property Size2,100 SF
Price / SF$85.71
Days on Market154
Property Features for 4750 Conner Street
General Information
- Standard status
- Active
- Size
- 2,100 SF
- Property subtype
- Big Box Retail
Building Details
- Year Built
- 1992
Listing agency
Farbman Group
(248) 351-4367
Listed by
Brad Margolis · License #6501371948
(248) 351-4367
Source
Thebrokerlist
Added: Feb 18 Updated: Jul 22 at 8:22AM Checked: Jul 22 at 8:22AM
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 Farbman Group
Investment Insights
Based on property information with market context.
This turnkey auto repair building is offered for sale as a well-maintained commercial property with approximately 2,100 SF of usable space. The property includes a fully gated site, supporting secure on-site operations.
Located on Conner, between E. Warren Ave. and E Canfield St., the building benefits from prominent main-road exposure with centralized access and easy ingress/egress. The property is situated within an M-2 zoning designation.
The offering is structured as a complete, ready-to-operate auto repair facility, with the property presented in turn-key condition.
Located on Conner, between E. Warren Ave. and E Canfield St., the building benefits from prominent main-road exposure with centralized access and easy ingress/egress. The property is situated within an M-2 zoning designation.
The offering is structured as a complete, ready-to-operate auto repair facility, with the property presented in turn-key condition.
Key Highlights
- 2,100 SF turnkey auto repair building for sale
- Year built 1992
- Fully gated property with easy ingress/egress
Local 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 | $15.4k | $7.32 |
| − Vacancy | −$781 | −$0.37 |
| EGI | $14.6k | $6.95 |
| − OpEx | −$4.4k | −$2.08 |
| NOI | $10.2k | $4.86 |
2,100 SF · lease $7.32/SF/yr · vacancy 5.08% · expense 30.00%
Alternative Uses
Best Use
Retail
$369.5K
$323.3K – $431.1K
NOI $25,866 @ 7.0% cap · market cap 14.37%
Second Best
Industrial
$145.9K
$127.7K – $170.2K
NOI $10,214 @ 7.0% cap · market cap 5.67%
Theoretical Best
Office A
$463.3K
$405.4K – $540.5K
NOI $32,429 @ 7.0% cap · market cap 18.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Express Quick Lube
Auto Repair Shop
Similar For Sale Nearby
Similar Off Market Nearby
- Mack Beniteau Services — 11145 Mack Ave, Detroit, MI 48214
- Z Tires Auto Repair LLC — 12630 E Warren Ave, Detroit, MI 48215
- Just Dynafix Mobile Truck and Trailer Repair — 4611 Fairview St, Detroit, MI 48214
- C&C 1 Stop Auto Repair — 12910 Mack Ave, Detroit, MI 48215
- Express Quick Lube — 4750 Conner St, Detroit, MI 48215
FAQs
What type of property is this?
Auto shop - Well-maintained, fully gated auto repair building offered for sale with 2,100 SF of turnkey space.
Where is this auto shop located?
The property is located at 4750 Conner Street Detroit, MI.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: 2,100 SF turnkey auto repair building for sale; Year built 1992; Fully gated property with easy ingress/egress
