12xxx Fenkell St Detroit, MI 48227

This exceptional investment opportunity presents a rare chance to acquire a fully operational auto and collision shop in Detroit, Michigan. The property, situated on an entire city block at 12xxx Fenkell, Detroit, MI 48227, boasts a substantial 23,523 square feet of space. Currently operating under a triple net (NNN) lease, the single-tenant building generates a monthly income of $2,500. The existing lease extends to February 2029, with an option to renew until February 2034 at a higher monthly rent of $3,200. The current tenant has expressed interest in a future land contract purchase, presenting a significant potential for future profit. The property is well-equipped for auto repair, featuring eight hoists, a paint booth, an AC machine, a tire machine, air compressors, and more. The asking price is $275,000, translating to $11.69 per square foot. This is a single-story building. The property is being sold as-is, where-is. This is a remarkable opportunity for investors seeking a strong cash flow and significant upside potential. The motivated seller is eager to finalize a transaction.