5788 Van Dyke Ave Detroit, MI 48213
This Detroit, MI auto shop, located at 5788 Van Dyke Ave, offers a turnkey business opportunity. The 3,286 square foot building sits on a 0.08-acre lot and boasts a new roof (installed September 2023), minimizing future maintenance costs. The property includes a front lobby (14x13 ft), a large garage (55x30 ft), a break area (15x16 ft), a bathroom/laboratory (6x9 ft), and an upper office area (14x13 ft). All equipment is included in the asking price of $224,900 ($68.44/sq ft). The property is zoned commercial and benefits from high visibility, with approximately 9,503 cars passing daily. Built in 1923, this single-unit building presents a strong investment opportunity in a prime Wayne County location (zip code 48213, APN 17009440). The property is owned by an LLC. This is a rare chance to acquire an established business with significant potential for growth.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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