Auto Body Shop with Pole Barn
New
For Sale
$400,000
50519 County Road 652 Unit SourceFi, Mattawan, MI 49071
General Commercial zoned auto body shop with fire suppression, tall workshop ceilings, and ample asphalt parking.
Property Size4,416 SF
Lot Size2.50 Acres
Price / SF$90.58
Days on Market7
Property Features for 50519 County Road 652 Unit SourceFi
General Information
Standard status
Active
Size
4,416 SF
Lot size
2.50 Acres
Property subtype
Industrial
Zoning
General Commercial
Amenities
fire suppression in paint booth and mixing room
separate furnaces per section
separate electric per section
high ceilings
overhead doors
asphalt parking
security system
3
Metal
142763142766
Building Details
Year Built
1983
Year Renovated
2018
Listing Agency:
Evenboer Walton, REALTORS
(269) 324-4852
Listed By:
Catherine Gasper · License #6506041891
Source:
Xome
Added: Jul 25
Changed: Jul 31
Last Checked: Jul 31 at 2:43AM
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 Evenboer Walton, REALTORS
Investment Insights
Based on property information with market context.
Auto body shop and workshop building on General Commercial zoning, offering ready-to-use spaces for automotive operations. The property includes over 1,500 SF of office and workshop areas built in 1983, with a 2,880’ pole barn addition connected to the original spaces completed in 2018. Fire suppression is in place in both the paint booth and the mixing room. Each section has its own furnace and its own electric service. Workshop ceilings run about 10' on average in the older section and about 14' on average in the newer section, with several tall overhead doors.
The site has 2.5 acres and ample asphalt parking for employees and customers. A security system stays with the property, and the seller will clean up discarded car parts in the back.
An expansion-ready layout and separate workshop sections can support a range of automotive uses within the General Commercial zoning framework.
The site has 2.5 acres and ample asphalt parking for employees and customers. A security system stays with the property, and the seller will clean up discarded car parts in the back.
An expansion-ready layout and separate workshop sections can support a range of automotive uses within the General Commercial zoning framework.
Key Highlights
- 2.5‑acre site with ample asphalt parking for employees and customers
- Over 4,400’ of ready‑to‑use space
- 2018 connected 2,880’ pole barn addition to the original 1983 build
Financial Insights For Warehouse
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 | $33.4k | $7.56 |
| − Vacancy | −$801 | −$0.18 |
| EGI | $32.6k | $7.38 |
| − OpEx | −$4.9k | −$1.11 |
| NOI | $27.7k | $6.27 |
4,416 SF · lease $7.56/SF/yr · vacancy 2.40% · expense 15.00%
Alternative Uses
Best Use
Retail
$654.9K
$573.0K – $764.0K
NOI $45,842 @ 7.0% cap · market cap 11.46%
Second Best
Warehouse
$395.7K
$346.2K – $461.6K
NOI $27,696 @ 7.0% cap · market cap 6.92%
Theoretical Best
Multifamily LT 5
$54.60M
$47.78M – $63.70M
NOI $3,822,216 @ 7.0% cap · market cap 955.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
80
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49071, MI
10,748
Population
4,415
Households
2.4
Avg Household Size
40
Median Age
40%
College-Educated
97%
High-School Grad
29.4 sq mi
ZIP Area
366
Density / Sq Mi
$105,779
Median Household Income
$48,494
Median Earnings
$1,161
Median Rent
$261,900
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Auto shop - General Commercial zoned auto body shop with fire suppression, tall workshop ceilings, and ample asphalt parking.
Where is this auto shop located?
The property is located at 50519 County Road 652 Unit SourceFi Mattawan, MI.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 2.5‑acre site with ample asphalt parking for employees and customers; Over 4,400’ of ready‑to‑use space; 2018 connected 2,880’ pole barn addition to the original 1983 build
