4036 High St Ecorse, MI 48229-1628

This Ecorse, Michigan auto shop presents a compelling investment opportunity. Located at 4036 High St, 48229, this single-tenant property boasts a strong 10% capitalization rate, generating a net operating income (NOI) of $18,000 annually. The 7,841 square foot lot houses a 3-bay standalone building constructed in 1926, with an additional 1,225 square feet of air rights. Currently operating under a triple-net (NNN) lease with a remaining term of 3.5 years, expiring June 29, 2027, the monthly rent is $2,000. The property is offered for sale by owner at $179,000. Direct tenant contact is discouraged. This property is ideal for investors seeking a stable, high-return investment in a well-located retail space within a thriving commercial area. The building's history and solid lease terms provide a foundation for continued income generation and potential future appreciation. The property's size and location offer flexibility for various uses, subject to local zoning regulations. This is a rare opportunity to acquire a profitable, established business with a proven track record.