7940 Tireman Ave, Detroit, MI 48204
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.