210 Summit Dr, Mio, MI 48647
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.
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
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.