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    120 Main St Fennville, MI 49408

    Sponsored
    For Sale
    $400,000

    Established auto shop, redevelopment opportunity.

    Property size:
    7,131 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This fully operational, family-owned auto service garage at 120 W Main St, Fennville, MI 49408, presents a unique investment opportunity. The 7,131 square foot building sits on a 0.2-acre lot and boasts 100% occupancy. The property includes a main service garage, office space, and outdoor storage areas. An additional feature is two apartments located upstairs, requiring reconditioning. The asking price is $400,000, translating to $63.10 per square foot. The property offers ample parking with 15 spaces. This two-story building presents a strong foundation for continued operation as an auto service business, with the existing owner's book of business also available for sale (separately). The property's location in Allegan County, Michigan, provides excellent visibility and accessibility. The potential for redevelopment adds further value, allowing for expansion or repurposing of the existing structure and apartments. This is an exceptional opportunity for an entrepreneur seeking an established business with significant upside potential.

    Property Features for 120 Main St

    General Information

    Property type
    Automotive properties
    Square Feet
    7,131 SF
    Lot Size
    8,712 SF

    Building Details

    Buildings
    1
    Stories
    2

    HighLights

    • Fully operational auto service garage on 0.2‑acre lot in Fennville, MI.
    • 7,131 square foot building with 100% occupancy, including main garage, office space, and outdoor storage.
    • Two upstairs apartments (requiring reconditioning).
    • Asking price: $400,000 ($63.10/SF).
    • 15 parking spaces.
    • Established business with potential for redevelopment or repurposing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Root Cafe - Fennville Restaurant Farm Bureau Insurance Insurance Agency Fernwood 1891 Art Gallery

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Fennville
    County
    Allegan
    State
    Michigan
    Longitude
    -86.1053116
    Latitude
    42.5944952

    Nearby Comparable

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      Fennville Commercial Building with Patio

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      205 W Main St, Fennville, MI 49408
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      Auto Shop with Apartments Above

      Auto shop with two apartments needing reconditioning.
      120 W Main St, Fennville, MI 49408
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    • $1,850,000

      Prime Development Land Near I-196

      2.21-acre development land off I-196, ideal for various uses.
      124th Ave, Fennville, MI
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    Nearby Similar for Sale

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      Fennville Commercial Building with Patio

      Versatile commercial building in downtown Fennville with development potential.
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    • $299,900
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      Unique Building with Redevelopment Potential

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      Auto Shop with Apartments Above

      Auto shop with two apartments needing reconditioning.
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    • $110,000
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      Fennville Land with Apple Trees

      9+ acre parcel with potential and apple trees in Fennville.
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      Saugatuck Area Versatile Property

      0.982-acre parcel with 2,073 SF building near I-196.
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    FAQs

    What type of property is this?
    Automotive property - Established auto shop, redevelopment opportunity.
    Where is this automotive property located?
    The property is located at 120 Main St Fennville, 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: Fully operational auto service garage on 0.2-acre lot in Fennville, MI.; 7,131 square foot building with 100% occupancy, including main garage, office space, and outdoor storage.; Two upstairs apartments (requiring reconditioning).
    Request Owner's contact information
    120 Main St Fennville, MI 49408
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    120 Main St Fennville, MI 49408
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