101 7Th Ave Norway, MI 49870
For Sale
1 / 5
This thriving automotive service station in Norway, MI, presents a unique investment opportunity. Located on a high-traffic highway, this well-established business boasts a loyal customer base and consistent revenue stream. The 1,458 square foot facility sits on a 0.15-acre lot and is fully equipped for seamless operations, including hoists, welders, and other essential tools. Recent upgrades include a newer roof, minimizing future maintenance costs. Two overhead doors allow for efficient workflow, accommodating multiple vehicles simultaneously. The comfortable working environment is ensured by radiant heating, operational year-round. The current owner is offering a smooth transition, providing temporary training to the new owner to ensure continued success. This turnkey operation is ideal for an entrepreneur seeking an established business with a proven track record or an experienced professional looking to expand their portfolio. The asking price is $239,900. This is a rare chance to acquire a profitable and well-maintained automotive service station in a prime location. The business's strong reputation and loyal clientele provide a solid foundation for future growth and profitability. Don't miss this exceptional opportunity.
-
M & D Automotive Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
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.