24125 Telegraph RdSouthfield, MI 48033

This turnkey automotive repair shop in Southfield, Michigan presents a prime investment opportunity. Located on high-traffic Telegraph Road, the 5,712 square-foot facility boasts eight 10x15 garage bays equipped with hoists, air lines, a compressor, and various diagnostic and repair equipment. A dedicated chassis dyno room enhances service capabilities. Built in 1990 and extensively renovated in 2024, the property sits on a 0.69-acre lot and includes a separate suite with rental potential. The property is zoned for heavy and light industrial use, offering flexibility for future expansion. The business is privately owned and includes all equipment. The asking price is $1,300,000, representing a price per square foot of $227.59 and a 6.54% cap rate, with a net operating income (NOI) of $85,000. Financial documents are available upon request. The property is ready for immediate operation, offering a strong income potential in a recession-resistant industry. The sale includes both the business and the real estate. Occupancy is available November 18, 2024. The property's APN is 2429276052.