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    74130 Fulton St Armada, MI 48005

    Sponsored
    For Sale
    $850,000

    9,213 SF Industrial Property, 100% Occupied

    Property size:
    9,213 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 9,213-square-foot industrial property, located at 74130 Fulton St in downtown Armada, Michigan, presents a unique investment opportunity. The property, built in 1948 and boasting a Class C rating, is currently operating as a successful auto business and includes all equipment (list available upon request). The single-story building sits on a 0.27-acre lot and features five dock-high doors, providing ample access for loading and unloading. With 14 parking spaces and a B1 zoning permit, the property offers significant flexibility for a variety of uses. The building has undergone numerous updates and benefits from heavy power capabilities. The 100% occupancy rate ensures immediate cash flow for the owner/user. The property's prime downtown Armada location offers excellent street frontage and visibility. The property includes two APNs: 25-02-24-155-018 and 25-02-24-155-032. This turnkey operation combines a profitable business with a well-maintained building, making it an ideal acquisition for an owner-operator seeking a strong return on investment. The asking price is $850,000. Further details are available upon request.

    Property Features for 74130 Fulton St

    General Information

    Property type
    Automotive properties
    Square Feet
    9,213 SF
    Class
    C
    Lot Size
    11,761 SF

    Building Details

    Year Built
    1948
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • 9,213 SF industrial building with operating auto business and included equipment, located in downtown Armada, MI.
    • Prime downtown Armada location with excellent street frontage.
    • Building features numerous updates, heavy power, and five dock‑high doors.
    • Equipment list available upon request.
    • Contact broker for details; $850,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Armada
    County
    Macomb
    State
    Michigan
    Longitude
    -82.88461033
    Latitude
    42.84351467

    Nearby Comparable

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    Nearby Similar for Sale

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      Operating Auto Business in Armada

      Commercial/Industrial property with equipment and building for sale.
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      Armada Industrial Building & Business

      Established Auto Business, Prime Location
      74130 Fulton St, Armada, MI 48005
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      23051 Main St, Armada, MI 48005

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    FAQs

    What type of property is this?
    Automotive property - 9,213 SF Industrial Property, 100% Occupied
    Where is this automotive property located?
    The property is located at 74130 Fulton St Armada, MI.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: 9,213 SF industrial building with operating auto business and included equipment, located in downtown Armada, MI.; Prime downtown Armada location with excellent street frontage.; Building features numerous updates, heavy power, and five dock-high doors.
    Request Owner's contact information
    74130 Fulton St Armada, MI 48005
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    Armada, MI 48005
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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
    74130 Fulton St Armada, MI 48005
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