Property profile

210 Summit Dr Mio, MI 48647

OFF-MARKET
Investment properties
3 ac lot
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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

Location

210 Summit Dr Mio, MI 48647
Mio metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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