5613 Us-23 Rogers City, MI 49779
This exceptional opportunity presents a fully equipped, 2,700 square foot auto service shop located at 5613 US-23 in Rogers City, Michigan. Situated on a 1.09-acre lot, this single-tenant retail property boasts a 100% occupancy rate and has enjoyed consistent success for over 30 years. The business has a strong reputation built on a loyal clientele base and a skilled team of service technicians. The sale includes the building, land, and all existing equipment, providing a turnkey operation for a new owner. Financial records demonstrate stable revenue, even during the challenges of the COVID-19 pandemic. The property's strategic location offers excellent visibility and accessibility. An added benefit is the inclusion of a residential lot adjacent to the main property, offering potential for future expansion or development. This is a rare chance to acquire a well-established, profitable business with significant growth potential in Northern Michigan. The property is located in Presque Isle County, Michigan, zip code 49779.
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.