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    210 Summit Dr, Mio, MI 48647

    3 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional business opportunity encompasses a thriving, multi-generational auto repair facility situated on nearly three acres of land in Mio, Michigan. The property boasts a substantial 6000+ square foot building featuring five service bays equipped with six Ben Pearson lifts and an additional dedicated tire alignment bay. Included in the sale are tire changing machines and balancers, ensuring a comprehensive range of services. The business also includes a fully operational wrecker service, complete with a 2016 Hino flatbed and a 2010 F-450 truck. Fuel sales are a significant component, facilitated by eight modern fuel pumps drawing from a substantial 20,000-gallon underground storage tank equipped with a Veeder-Root monitoring system. A separate recreational fuel pump is also available, supplied by a 500-gallon above-ground tank. This turnkey operation benefits from a prime location on the high-traffic State Highway M-33/M-72, directly across from the Mio airport, ensuring excellent visibility and accessibility. Adding further value, the sale includes an off-site state highway billboard permit, providing additional advertising opportunities. Any remaining inventory is also part of the sale. This is a rare opportunity to acquire an established and profitable business with significant assets and high growth potential. All information provided is believed to be accurate but is not guaranteed.

    Property profile
    Verified
    Property type Investment properties
    Lot 3 ac (130,680 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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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