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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

5788 Van Dyke Ave Detroit, MI 48213

3,286 SF 0.08 ac lot Built 1923
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1923
Total area 3,286 SF
Lot 0.08 ac (3,485 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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