3351 Dixie Hwy Waterford, MI 48328-1606
This exceptional investment opportunity encompasses a thriving 5,204 square foot auto body shop and an adjacent vacant mixed-use building situated on a 0.4-acre lot at 3351 Dixie Hwy in Waterford, MI. The high-traffic location on Dixie Highway ensures excellent visibility and accessibility, promising strong potential for revenue generation. The fully operational auto body shop presents immediate income potential, while the vacant mixed-use building offers significant upside. This building features versatile retail space on the ground floor, ideal for a variety of businesses, and a sizable upstairs apartment, providing additional income streams or housing options. The combined property presents a unique chance to capitalize on both established and untapped revenue streams. The existing auto body shop's operations can be expanded upon, while the vacant building allows for creative redevelopment to suit a range of commercial and residential needs. This property is priced at $1,600,000 and represents a rare chance to acquire a substantial commercial property in a prime location with significant growth potential. Don't miss this opportunity to acquire a property with immediate income and substantial long-term upside.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BI · Waterford, MICosts & 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.