15430 Fenkell Ave Detroit, MI 48227
- Retail properties
- 4,266 SF
Current Use by Public Records
- Retail properties
Property Details for 15430 Fenkell Ave
- Year built
- 1989
- Property size
- 4,266 SF
- Property type
- Retail properties
- Property subtype
- Auto shops
Description
Exceptional opportunity to acquire a thriving, established auto repair business and its accompanying real estate in Detroit, Michigan. This turnkey operation, operating for over 35 years, boasts a 4,266 square foot building on a 15,000 square foot lot at the corner of Fenkell and Greenfield Avenues. The property, built in 1989 and renovated in 2015, includes a spacious waiting area, office, two bathrooms, and a storage room. Five of the seven garage bays are equipped with working hoists, presenting immediate potential to add two more for increased revenue. The property's zoning allows for flexibility; it could be converted back into a gas station or expanded to incorporate additional parking, potentially transforming it into a dealership/repair shop combination. Financial information and a signed confidentiality agreement are required prior to scheduling a showing. This is a rare chance to own a well-established business with significant growth potential in a high-traffic area. The asking price for both the business and the real estate is $1,849,000. Serious inquiries only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.1981
- Latitude
- 42.4018
