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2241 Alpine NW Ave Grand Rapids, MI 49544-1952

OFF-MARKET Auto shops Google Maps
1,999 SF 0.65 ac lot Built 1987
Individually Owned Absentee Owner Free & Clear
Estimated value (blended)
$345k
Range $311k – $380k (±10%)
Property ID US43-1998886

Property summary

AI-generated overview

This exceptional turnkey oil change business, located at 2241 Alpine Avenue NW in Walker, Michigan, presents a lucrative investment opportunity. The property encompasses a 1,999 square foot building situated on a 0.43-acre lot, complete with a full basement offering ample storage space. The business boasts three 12-foot service bays, ensuring efficient operation and high throughput. Financial performance demonstrates consistent sales growth, with impressive service numbers: over 5,907 cars serviced in 2024 alone, including 5,618 oil changes plus additional service revenue streams. The high-traffic location on Alpine Avenue NW provides excellent visibility and benefits from strong signage. All equipment necessary for continued operation is included in the sale price of $1,100,000. A non-disclosure agreement (NDA) is required to access detailed financial records. This is a rare opportunity to acquire a well-established, profitable business with significant growth potential. Serious inquiries only. Please schedule a showing to explore this exceptional offering further. Do not approach the business or employees without a scheduled appointment.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1987
Total area 1,999 SF
Lot 0.65 ac (28,314 SF)
Zoning code C-3
APN 41-13-11-429-019
UPID US43-1998886

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k

Owner & transaction history

since 2025
Last sale
$700,000
7 recorded transactions
2025
$362,000
2025
$700,000
2024
Price N/A
2023
Price N/A
2013
Price N/A
1998
$185,000
1969
Price N/A

Zoning & alternative use

C-3 · Grand Rapids, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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