Automotive Repair Shop with Paint
500 E Huron Blvd Marysville, MI 48040
For Sale
$999,000
For sale automotive repair shop outfitted with paint booths, hoists, compressors, and alignment equipment.
Property Size10,000 SF
Price / SF$99.90
Days on Market865
Property Features for 500 E Huron Blvd
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1986
Listing Agency:
Pilot Property Group
(586) 291-6968
Listed By:
Tony Cavataio
(586) 291-6968
Source:
Cpix.resimplifi
Added: Mar 12, 2024
Changed: Jul 23
Last Checked: Jul 23 at 10:56AM
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 Pilot Property Group
Investment Insights
Based on property information with market context.
This automotive repair shop is equipped for multiple service operations, including (2) down draft paint booths, (4) hoists, and a detailing bay with a 5-HP power washer and overhead wand. The shop also includes (3) 5-HP compressors and a (5) bay Black Hawk frame bay served by (3) size hoists. Utilities are provided with water, air, and 220 power on every shop wall, and the equipment list includes a front end alignment rack & pinion (20k).
The property is located at 500 E Huron Blvd in Marysville, MI 48040 and is offered for sale.
The included lift and wash infrastructure supports vehicle repair, detailing, and alignment work within the same facility layout.
The property is located at 500 E Huron Blvd in Marysville, MI 48040 and is offered for sale.
The included lift and wash infrastructure supports vehicle repair, detailing, and alignment work within the same facility layout.
Key Highlights
- Automotive repair shop outfitted with (2) down draft paint booths
- (3) 5 HP compressors plus water, air, and 220 power available on every shop wall
- Multiple hoist bays including a detailing bay with 5‑HP power washer & overhead wand
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 | $90.0k | $9.00 |
| − Vacancy | −$6.3k | −$0.63 |
| EGI | $83.7k | $8.37 |
| − OpEx | −$25.1k | −$2.51 |
| NOI | $58.6k | $5.86 |
10,000 SF · lease $9.00/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.85M
$1.62M – $2.15M
NOI $129,269 @ 7.0% cap · market cap 12.94%
Second Best
Industrial
$837.0K
$732.4K – $976.5K
NOI $58,590 @ 7.0% cap · market cap 5.86%
Theoretical Best
Multifamily LT 5
$7.52M
$6.58M – $8.77M
NOI $526,236 @ 7.0% cap · market cap 52.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
PARTS4LESS.Com
Auto Parts Store
Busha Motors
Auto Repair Shop
Admiralty Developments Corp.
Car Dealership
Similar Off Market Nearby
- C.T. auto sales and service — 780 east huron blvd, marysville, mi 48040
- Busha Motors — 500 Huron Blvd, Marysville, MI 48040
- Gerber Collision & Glass — 1505 Michigan Ave, Marysville, MI 48040
- Foglesong Automotive Services — 1505 Busha Hwy, Marysville, MI 48040
- Roadside Truck & Fleet Repairs — 780 Huron Blvd, Marysville, MI 48040
FAQs
What type of property is this?
Auto shop - For sale automotive repair shop outfitted with paint booths, hoists, compressors, and alignment equipment.
Where is this auto shop located?
The property is located at 500 E Huron Blvd Marysville, MI.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Automotive repair shop outfitted with (2) down draft paint booths; (3) 5 HP compressors plus water, air, and 220 power available on every shop wall; Multiple hoist bays including a detailing bay with 5‑HP power washer & overhead wand
