Established Auto Dealership and Pawn

5858 Tireman St Detroit, MI 48204

Claim this Listing
For Sale
$250,000

Four lots on 1.14 acres with business opportunity.

Property size:
1,218 SF
Lot size:
1.14 Acres
Price / SF:
$205/SF
Added:
May 25, 2026
Days on Market:
49
Last Refresh:
Jun 29 at 12:17 am

Property Features for 5858 Tireman St

General Information

Standard status
Active
Size
1,218 SF
Lot size
1.14 Acres

Listing office Real Estate One-Clinton Twp

Listing date May 25, 2026

Source Exprealty

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 Real Estate One-Clinton Twp


Investment Insights

Based on property information with market context.

This property features four lots totaling 1.14 acres and includes an established used auto dealership and pawn shop. The business has been family-owned for over 32 years and is situated on a busy, high-traffic corner. The property includes a large, fully gated lot secured with a metal fence around the entire perimeter, offering room to expand and grow the business. The building features just over 1,200 square feet and includes newer electrical, plumbing, A/C, and furnace. The pawn license transfers with the business. The property offers multiple use possibilities, including a storage yard, junk yard, or tow yard. The location is between I-96 and I-94, just half a mile from I-75, and minutes from Henry Ford Hospital, providing excellent visibility and accessibility. The sale includes four lots: 5858 & 5812 Tireman, and 7628 & 7636 Epworth. Potential business uses include in-house financing, auto insurance, tires, rims, accessories, or an auto mechanic shop.

Key Highlights

  • Established Used Auto Dealership & Pawn Shop with 32+ Years of Operation
  • Prime Corner Location with High Traffic and Excellent Visibility
  • Four Lots Totaling 1.14 Acres, Offering Room for Expansion

Local Financial Insights For Retail

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 $22.7k $18.60
− Vacancy −$1.2k −$1.00
EGI $21.4k $17.60
− OpEx −$6.4k −$5.28
NOI $15.0k $12.32
1,218 SF · lease $18.60/SF/yr · vacancy 5.40% · expense 30.00%

Alternative Uses

Best Use
Retail
$214.3K
$187.5K – $250.0K (±1% cap)
NOI $15,002 @ 7.0% cap · market cap 6.00%
Second Best
Industrial
$84.6K
$74.1K – $98.7K (±1% cap)
NOI $5,924 @ 7.0% cap · market cap 2.37%
Theoretical Best
Office A
$268.7K
$235.1K – $313.5K (±1% cap)
NOI $18,809 @ 7.0% cap · market cap 7.52%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Auto shops

Suggested Use

Real Estate Agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Pharmacy Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • ARM Towing Detroit MI — 5401 tireman ave, detroit, mi 48210
  • Malcolm's Transmissions — 5255 Tillman St, Detroit, MI 48208
  • Kerry Brothers Truck Repair — 5255 Tillman St, Detroit, MI 48208
  • Vehicle Clinic Inc — 5255 Tillman St, Detroit, MI 48208
  • Hood's up performance — 6319 Woodrow St, Detroit, MI 48210

FAQs

What type of property is this?
Auto shop - Four lots on 1.14 acres with business opportunity.
Where is this auto shop located?
The property is located at 5858 Tireman St Detroit, MI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Established Used Auto Dealership & Pawn Shop with 32+ Years of Operation; **Prime Corner Location with High Traffic and Excellent Visibility**; Four Lots Totaling 1.14 Acres, Offering Room for Expansion
Contact an agent
More about this property
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