Property summary
This well-established industrial property, located at 233 M-140 in Watervliet, Michigan, presents a unique investment opportunity. Spanning 4,200 square feet and situated on a one-acre lot, this property boasts a rich history, having been under the same ownership for over four decades. The property includes a comprehensive array of equipment ideal for a tire and automotive repair business, or similar operation. This equipment includes a rim clamp tire machine, a high-speed tire balancer, two above-ground hoists, and one in-ground hoist. Further enhancing its operational capabilities are four wreckers – two wreckers and two rollbacks – providing significant potential for towing and recovery services. The property's infrastructure is further improved by the complete removal of all underground tanks, ensuring compliance and minimizing environmental concerns. The sale also includes a desk and display case, adding to the functional and aesthetic aspects of the space. This turnkey operation is ready for a new owner to step in and continue its legacy of success. The property's size, equipment, and location make it an attractive proposition for a variety of industrial uses. Serious inquiries are encouraged.
Property profile
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Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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