Turnkey Auto Service
895 W Shaw Street Howard City, MI 49329
For Sale
$499,000
Built in 2007 and offered as a turnkey package with tools, lifts, and shop equipment included.
Property Size2,760 SF
Price / SF$180.80
Days on Market15
Property Features for 895 W Shaw Street
General Information
- Standard status
- Active
- Size
- 2,760 SF
- Property subtype
- Business Opportunities
Building Details
- Year Built
- 2007
Listing Agency:
Century 21 Affiliated (GR)
(616) 369-4040
Listed By:
Jason Carlson
Source:
Xome
Added: Jul 12
Changed: Jul 25
Last Checked: Jul 25 at 3:00PM
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 Century 21 Affiliated (GR)
Investment Insights
Based on property information with market context.
This turnkey auto service dealership opportunity was built in 2007 and is presented as a combined real estate and operating business sale. The included package also covers tools, lifts, and shop equipment, supporting an efficient transition for the next buyer. The property has an established lot that fits roughly 30 vehicles, with physical vehicle inventory excluded and vehicle stock planned as a separate transaction.
Located in Howard City, MI on a major connector, the site is described as high-visibility with consistent local traffic. It is less than one mile from US-131 and provides immediate highway access, with the remarks noting it is approximately 35 minutes north of Grand Rapids.
The offering is positioned for a seamless continuation of operations, with the current owner outlining clear, actionable steps for expansion and profit improvement for the next buyer.
Located in Howard City, MI on a major connector, the site is described as high-visibility with consistent local traffic. It is less than one mile from US-131 and provides immediate highway access, with the remarks noting it is approximately 35 minutes north of Grand Rapids.
The offering is positioned for a seamless continuation of operations, with the current owner outlining clear, actionable steps for expansion and profit improvement for the next buyer.
Key Highlights
- Commercial facility built in 2007 on an established lot measuring 225 x 300.
- Composition roof and paved road access.
- Less than one mile from US‑131 with immediate highway access; about 35 minutes north of Grand Rapids.
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 | $61.6k | $22.32 |
| − Vacancy | −$1.5k | −$0.54 |
| EGI | $60.1k | $21.78 |
| − OpEx | −$18.0k | −$6.54 |
| NOI | $42.1k | $15.25 |
2,760 SF · lease $22.32/SF/yr · vacancy 2.40% · expense 30.00%
Alternative Uses
Best Use
Industrial
$601.2K
$526.1K – $701.5K
NOI $42,087 @ 7.0% cap · market cap 8.43%
Second Best
Retail
$409.3K
$358.1K – $477.5K
NOI $28,651 @ 7.0% cap · market cap 5.74%
Theoretical Best
Self Storage
$38.20M
$33.42M – $44.56M
NOI $2,673,775 @ 7.0% cap · market cap 535.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Keller North Country ...
Car Dealership
FAQs
What type of property is this?
Showroom - Built in 2007 and offered as a turnkey package with tools, lifts, and shop equipment included.
Where is this showroom located?
The property is located at 895 W Shaw Street Howard City, MI.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Commercial facility built in 2007 on an established lot measuring 225 x 300.; Composition roof and paved road access.; Less than one mile from US‑131 with immediate highway access; about 35 minutes north of Grand Rapids.
