Automotive Repair Shop
826 N Lincoln Road Escanaba, MI 49829
826 N Lincoln Road, Escanaba, MI, 49829
$399,900
For Sale
$399,900
Automotive repair shop space over 5,500 square feet with visibility along a high-traffic North Lincoln Road corridor.
Property Size5,563 SF
Price / SF$71.89
Days on Market504
Property Features for 826 N Lincoln Road
General Information
- Standard status
- Active
- Size
- 5,563 SF
Listing agency
PREMIER REAL ESTATE, INC.
(906) 280-3165
Listed by
LORI RYMKOS · License #UPAR
(906) 280-3165
Source
Exprealty
Added: Mar 4, 2025 Updated: Jul 20 at 8:14PM Checked: Jul 20 at 8:14PM
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 PREMIER REAL ESTATE, INC.
Investment Insights
Based on property information with market context.
This property is currently configured as an auto repair shop and offers more than 5,500 square feet of working space. It’s suited for automotive-focused operations or other uses that can accommodate a service-bay style layout.
The space is located on North Lincoln Road and benefits from high-traffic exposure and visibility for passing motorists. Address: 826 N Lincoln Road, Escanaba, MI 49829.
The space is located on North Lincoln Road and benefits from high-traffic exposure and visibility for passing motorists. Address: 826 N Lincoln Road, Escanaba, MI 49829.
Key Highlights
- Automotive repair shop space totaling over 5,500 SF
- Located on North Lincoln Road in a high‑traffic corridor
- Offers visibility along one of the Upper Peninsula’s busiest highways
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 | $52.7k | $9.48 |
| − Vacancy | −$3.6k | −$0.64 |
| EGI | $49.2k | $8.84 |
| − OpEx | −$14.7k | −$2.65 |
| NOI | $34.4k | $6.18 |
5,563 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$685.1K
$599.5K – $799.3K
NOI $47,956 @ 7.0% cap · market cap 11.99%
Second Best
Industrial
$491.5K
$430.1K – $573.4K
NOI $34,406 @ 7.0% cap · market cap 8.60%
Theoretical Best
Office A
$1.09M
$952.9K – $1.27M
NOI $76,230 @ 7.0% cap · market cap 19.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Tom's Muff-Ex Mufflers
Auto Repair Shop
Similar For Sale Nearby
Similar Off Market Nearby
- JV Tow Truck Service — 2419 1st Ave N Ste 9, Escanaba, MI 49829
- Riverside Toyota of Escanaba — 2600 Ludington St, Escanaba, MI 49829
- Toyota Service — Escanaba, MI 49829
- Mobile Wrench heavy duty truck repair — 2 US Hwy 41, Escanaba, MI 49829
- Scoops and Stripes — 4207 us-41, escanaba, mi 49829
FAQs
What type of property is this?
Auto shop - Automotive repair shop space over 5,500 square feet with visibility along a high-traffic North Lincoln Road corridor.
Where is this auto shop located?
The property is located at 826 N Lincoln Road Escanaba, MI.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Automotive repair shop space totaling over 5,500 SF; Located on North Lincoln Road in a high‑traffic corridor; Offers visibility along one of the Upper Peninsula’s busiest highways
