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    OFF-MARKET
    Auto shops

    2328 Ft St, Lincoln Park, MI 48146-2421

    6,118 SF 0.15 ac lot Built 1945
    Entity Owned 3-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-5112680
    Property summary
    AI-generated overview

    Exceptional opportunity to acquire a well-established auto repair shop located at 2328 Fort St, Lincoln Park, MI 48146. This 6,118 square foot, single-story building, built in 1945, sits on a 63-foot paved frontage and boasts a strong net operating income (NOI) of $80,000. The property is zoned for commercial use and features forced-air heating. Currently operating under two licenses – one for mechanical repair and one for body work – this business presents a rare chance to own a dual-licensed operation in a vibrant business district. The property's prime location on Fort Street offers significant visibility and accessibility. With its substantial square footage and proven profitability, this auto shop represents a compelling investment with considerable growth potential. The APN is 45009060079301. This is a privately owned short sale property.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1945
    Total area 6,118 SF
    Lot 0.15 ac (6,534 SF)
    APN 45 009 06 0079 301
    UPID US43-5112680
    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
    Current use
    Occupant on record · Public records
    • US Auto Service Inc Auto Repair Shop
    • Tiger auto services 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
    by Request
    Owner & transaction history
    Fort Empire LLC · 3 yrs held
    Fort Empire LLC
    since 2022
    Last sale
    $320,000
    4 recorded transactions
    2022
    $320,000
    2008
    $82,000
    2008
    2007
    $355,577
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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