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    Warehouses

    7940 Tireman Ave, Detroit, MI 48204

    7,500 SF 0.2 ac lot Built 1928
    Property ID
    Property summary
    AI-generated overview

    This turnkey collision repair shop in Detroit, Michigan presents a unique investment opportunity. Located at 7940 Tireman Ave, this 7,500 square foot Class A property sits on a 0.2-acre lot in Wayne County, zip code 48204. The single-story, 1928-built building features 16-foot ceilings, two dock-high doors, and ample space for efficient operations. The layout includes a 500 square foot office area, a hoist, and a paint booth, along with all necessary equipment for immediate operation. The property is zoned and licensed for collision repair, offering a seamless transition for a new owner. With 86 feet of road frontage on a paved street, this location provides excellent visibility and accessibility. The asking price is $500,000, translating to $66.67 per square foot. This owner-user investment is perfect for expanding an existing automotive business or starting a new venture. The property's solid block-and-concrete construction ensures durability and longevity. Don't miss this chance to acquire a profitable, established business in a prime Detroit location. Serious inquiries only.

    Property profile
    Verified
    Property type Warehouses
    Year built 1928
    Total area 7,500 SF
    Lot 0.2 ac (8,712 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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