20461 John R St Detroit, MI 48203-1139
- Office buildings
- 6,974 SF
- 0.62 lot acres
Current Use by Public Records
- Somerset Auto Body Shop / Auto Body Shop
- Collision Connection / Auto Body Shop
- Somerset Auto Tint & Wrap / Window Tinting Service / Car Stereo Store
Property Details for 20461 John R St
- Year built
- 1994
- Lot size
- 0.62 lot acres
- Property size
- 6,974 SF
- Zone code
- B4
- Property type
- Office buildings
- APN
- 09024553-65
- APU
- 902455365
Description
This exceptional turn-key business opportunity presents a well-established, full-service collision center in Highland Park, Michigan. Located at 20461 John R St, this property boasts a prime location in a high-traffic area, south of 8 Mile near I-75. The 5,000 square foot main building houses a fully equipped body shop, featuring a paint mixing system, down-draft heater spray booth, hoist, two air compressors, and a frame machine. A separate 2,500 square foot office building offers an updated showroom, manager's office, private conference room, kitchen, bathroom, and reception area. Ample parking is provided with a fenced-in lot accommodating 100 vehicles. This thriving business, operating for over three decades, includes a grandfathered used auto dealer's license, vehicle storage, and towing license, offering diverse revenue streams and significant expansion potential. The asking price is $800,000. The property is classified as a Class B building with two units and 70 parking spaces. This is an ideal investment for an entrepreneur seeking a profitable, established business with a loyal customer base and significant growth opportunities. The property is ready for immediate operation, offering a seamless transition for the new owner.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.1031
- Latitude
- 42.4452
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
