Used Car Dealership
For Sale
Contact for pricing
Pending
7765 W 8 Mile Road, Detroit, MI 48221
Used car dealership for sale with business, real estate, and vehicle inventories payable at closing.
Property SizeContact for details
Days on Market118
Property Features for 7765 W 8 Mile Road
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Business Included
Yes
Road Access
Yes
Listing Agency:
RE/MAX First
Listed By:
Mike Bahry · License #MI
Source:
Crexi
Added: Apr 12
Changed: Jul 23
Last Checked: Aug 6 at 9:58AM
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 RE/MAX First
Investment Insights
Based on property information with market context.
This used car dealership property includes the business and the real estate, along with vehicle inventories (cars) to be paid at closing. The operation is described as having short hours. The owner reports net clear income of over $200,000 per year, and the sale structure includes settlement for the inventory/used cars at closing.
The dealership is located on 8 Mile Rd, directly across the street from a Kroger and an Aldi supermarket. The remarks also note heavy vehicle traffic on the baseline road, with thousands of cars driving by.
A land contract is available only with $200,000 down and a five-year balloon, with the inventories/used cars also paid at closing. No showings are permitted without approval by the listing broker, and buyers must provide proof of funds before visiting; the listing broker must be aware of it and receive a copy by email prior to any showing.
The dealership is located on 8 Mile Rd, directly across the street from a Kroger and an Aldi supermarket. The remarks also note heavy vehicle traffic on the baseline road, with thousands of cars driving by.
A land contract is available only with $200,000 down and a five-year balloon, with the inventories/used cars also paid at closing. No showings are permitted without approval by the listing broker, and buyers must provide proof of funds before visiting; the listing broker must be aware of it and receive a copy by email prior to any showing.
Key Highlights
- Used car dealership for sale including business, real estate, and vehicle inventories
- Owner net clears over $200,000 per year
- Inventories (cars) and used vehicles are payable at closing
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
486
Businesses Nearby
25k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 61%
Dining 39%
Marathon Petroleum
Shops & Services
7,005 visits/mo
0.3 miles
Church's Chicken
Dining
6,421 visits/mo
0.0 miles
Exxon
Shops & Services
6,017 visits/mo
0.5 miles
Tubby's
Dining
3,144 visits/mo
0.2 miles
Northland Chrysler Dodge Jeep Ram
Shops & Services
2,143 visits/mo
0.3 miles
Demographics for 48221, MI
38,204
Population
17,452
Households
2.2
Avg Household Size
38
Median Age
29%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
7,347
Density / Sq Mi
$55,583
Median Household Income
$37,019
Median Earnings
$1,174
Median Rent
$138,700
Median Home Value
Market
Vacancy Rate% for Retail in Detroit, MI
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Frequently Asked Questions
What type of property is this?
Auto shop - Used car dealership for sale with business, real estate, and vehicle inventories payable at closing.
Where is this auto shop located?
The property is located at 7765 W 8 Mile Road Detroit, MI.
What are key features of this property?
This property features: Used car dealership for sale including business, real estate, and vehicle inventories; Owner net clears over $200,000 per year; Inventories (cars) and used vehicles are payable at closing
