Automotive Body Shop
For Sale
$249,900
851 W McMillan Road, Muskegon, MI 49445
Automotive body repair facility with fenced storage, paint room, and included repair equipment on nearly two acres.
Lot Size2.00 Acres
Days on Market326
Property Features for 851 W McMillan Road
General Information
Standard status
Active
Lot size
2.00 Acres
Property subtype
Business Opportunity
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Business Included
Yes
Building Details
Building Size
1,792 SF
Year Built
100
Listing Agency:
Aldyn Breeze Realty LLC
(231) 327-8480
Listed By:
Lynda Lear Balkema · License #6502414997
(231) 327-8480
Source:
Phgrealty
Added: Sep 9, 2025
Changed: Jul 26
Last Checked: Jul 31 at 1:22PM
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 Aldyn Breeze Realty LLC
Investment Insights
Based on property information with market context.
This automotive body shop property has been owned by the same owner since it was built in 1977. The site includes a large fenced storage area to the rear and a paint room, along with substantial on-site shop space and storage. The sale also includes numerous tools and equipment used for body repair and related work.
The rear fenced storage is designated for vehicles and equipment storage, with the public remarks noting that vehicles will be removed when a suitable offer is in place. Showings are scheduled after 1:00 pm, and the remarks suggest wearing a mask during showings due to painting that may be conducted in the morning.
According to the provided details, improvements include a roof that is described as fresh and sealed approximately two years ago and a heater that is also described as about two years old. Equipment listed in the remarks includes a power pad system with clamps and chains, power posts, a drill press with grinder, grinders, sanders, buffers, a drill, multiple air tools, a large shop vac, and sandblasting equipment, among other items.
The rear fenced storage is designated for vehicles and equipment storage, with the public remarks noting that vehicles will be removed when a suitable offer is in place. Showings are scheduled after 1:00 pm, and the remarks suggest wearing a mask during showings due to painting that may be conducted in the morning.
According to the provided details, improvements include a roof that is described as fresh and sealed approximately two years ago and a heater that is also described as about two years old. Equipment listed in the remarks includes a power pad system with clamps and chains, power posts, a drill press with grinder, grinders, sanders, buffers, a drill, multiple air tools, a large shop vac, and sandblasting equipment, among other items.
Key Highlights
- Automotive body repair facility, one owner since it was built in 1977
- Sits on nearly 2 acres and includes a large fenced storage area out back
- Includes a paint room in the back plus plenty of storage space
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 | $25.2k | $14.04 |
| − Vacancy | −$604 | −$0.34 |
| EGI | $24.6k | $13.70 |
| − OpEx | −$7.4k | −$4.11 |
| NOI | $17.2k | $9.59 |
1,792 SF · lease $14.04/SF/yr · vacancy 2.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$330.9K
$289.6K – $386.1K
NOI $23,165 @ 7.0% cap · market cap 9.27%
Second Best
Industrial
$245.6K
$214.9K – $286.5K
NOI $17,189 @ 7.0% cap · market cap 6.88%
Theoretical Best
Hotel Hospitality
$16.83M
$14.73M – $19.63M
NOI $1,178,011 @ 7.0% cap · market cap 471.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49445, MI
21,245
Population
9,109
Households
2.3
Avg Household Size
43
Median Age
29%
College-Educated
96%
High-School Grad
61.1 sq mi
ZIP Area
348
Density / Sq Mi
$80,514
Median Household Income
$45,874
Median Earnings
$1,163
Median Rent
$209,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- C & T Auto & Repair — 2915 Whitehall Rd, Muskegon, MI 49445
- Riverside Automotive — 2505 Whitehall Rd, Muskegon, MI 49445
- DAN AUTO SERVICE INC — 2915 Whitehall Rd, Muskegon, MI 49445
- Lundholm Garage — 2950 Whitehall Rd, Muskegon, MI 49445
- Woodring Automotive Repair — 2836 Whitehall Rd, Muskegon, MI 49445
Frequently Asked Questions
What type of property is this?
Auto shop - Automotive body repair facility with fenced storage, paint room, and included repair equipment on nearly two acres.
Where is this auto shop located?
The property is located at 851 W McMillan Road Muskegon, MI.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Automotive body repair facility, one owner since it was built in 1977; Sits on nearly 2 acres and includes a large fenced storage area out back; Includes a paint room in the back plus plenty of storage space
